The Kenyan economy has been thrown into a state of uncertainty after NASA’s Raila Odinga pulled out of the repeat presidential election slated for October 26, reports the Standard Newspaper. Mr Odinga was to face his arch-opponent, Jubilee Party’s Uhuru Kenyatta, after the Supreme Court nullified the August 8 presidential poll. There
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By Anthony Batze Each building has to be supported by something. It does not matter whether it’s a grass thatched house or a sky scraper, it will always need something to stand on which is called a foundation. The foundation is a major part of a building that supports its weight. This
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A couple of weeks ago, I was approached by Business Focus Online Magazine to write a weekly column. It has taken me a bit of time to compose this piece. For a while, while am a prolific writer, I kind of had a writer mental block and also my schedules
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October 9, 2017 marks 55 years since Uganda attained independence from Britain. However, the desire to be politically, economically and socially independent largely remains a dream. While it’s true that Uganda has witnessed unprecedented political turmoil (largely caused by Ugandans themselves) which has negatively devastated the economy, many Ugandans still feel the
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Uganda’s women have made remarkable progress across various sectors of the economy since 1962. However, they are yet to make significant inroads in the banking sector especially in top leadership positions. For example, out of the 24 operating banks in Uganda, there is only one woman heading a bank-Annet Nakawunde Mulindwa, the
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Uganda vs. Ghana, 4:00 PM Mandela National Stadium, Namboole Live on SuperSport 3 The penultimate Group 'E' World Cup qualifying game between Uganda and Ghana this afternoon stands to be the most important of the campaign for either sides. Separated by just two points in second and third places respectively, Uganda and Ghana cannot afford to slip as
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In the run up to Uganda’s 55th independence anniversary celebrations scheduled for October 9, 2017, Business Focus will be running stories about the economic progress the East African country has made. Uganda attained independence from Britain on October9, 1962. And to attain full economic independence, the then President Idi Amin expelled
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Kenya's top telecoms operator Safaricom sacked 52 employees suspected of involvement in fraudulent activities in the year ended March, reports the Daily Nation newspaper. The number is 16 more than the 36 it sent home the previous year. Safaricom, which is Kenya’s most profitable company, said those dismissed were involved in asset
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Kenya Airways Chief Executive, Sebastian Mikosz has hired five new executives from Poland -- his home country – signaling a looming shake-up of the airline’s senior management, reports Business Daily. It is not unusual for an outsider CEO to bring in a group of individuals upon taking charge of a corporation,
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Troubled retail chain Nakumatt’s proposed merger with rival Tuskys Supermarkets is facing a major regulatory hurdle after it emerged that the two top retailers had not sought the competition watchdog’s approval as required by law, reports Business Daily. Nakumatt, which is Kenya’s largest retail chain by number of outlets and Tuskys,
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