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Tanzanian Tycoon Rostam Aziz To Earn Over Shs770M From Selling Vodacom Shares

Tanzanian multi-millionaire tycoon Rostam Aziz is currently in the process of selling off his remaining shares in public-listed Vodacom Tanzania, the country’s largest mobile telecom company. According to a report by Tanzania’s Citizen newspaper, the Tanzanian businessman is selling off his 26.25% stake in the company to Vodacom Group of South

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Shs100m Up For Grabs In 2nd Edition Of Dfcu Savings & Investment Challenge

dfcu Bank in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) have launched Season II of the Investment Clubs Challenge dubbed ‘Battle for Cash.’ Battle for Cash is a nationwide campaign targeted at instilling a savings and investment culture in Uganda.   In 2017, dfcu Bank held a six-month long campaign that

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Ethiopia To Open Up Telecoms, Airline To Foreign Investors

Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time, a move that indicates new Prime Minister Abiy Ahmed is more receptive to outside interests in Africa’s second-most populous nation, Bloomberg reports. Ethiopia will sell minority stakes to foreign and domestic investors in state monopolies

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Ecobank Launches Fintech Challenge Competition For African Start-Ups

Ecobank, the leading pan-African banking group, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge. Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions, and potentially to partner Ecobank in rolling-out their solutions across Ecobank’s 33 markets. Ecobank is currently welcoming

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Apply Now!!! Opportunity For Agriculture Entrepreneurs To Win Shs365m

Are you a young entrepreneurial farmer? If you are, then the Anzisha Prize is for you! They are looking for young farmers from across the African continent who have created a positive impact in their communities. The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs, and hands out over

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AEO Programme: An Opportunity For Traders To Cut Cost Of Doing Business

The cost of doing business in Uganda remains high although it is slowly declining. The World Bank’s  annual ‘Doing Business report 2018: Reforming to Create Jobs’ released late last year indicates that Uganda dropped seven places to 122 in the rankings out of 190 economies, compared to 115 out of 190

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Somali Refugee Has Spent Shs1bn In Transforming Kisenyi Slum

Hope came in with a new sport for Kisenyi, the largest Kampala slum that has for long been notorious as a violent enclave for drug distribution and abuse, prostitution as well as all forms of thuggery. The noisy chatter, tired unplanned cribs, smelly drainage and dusty narrow roads is the signature tune of

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