Assets are one of the key parameters that determine how strong a financial institution is. And having obtained the 2016 financial results for Uganda’s 24 banks that have been released in the past few months, Business Focus exclusively reveals Uganda’s largest banks by assets. This will help you know how
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China has received a downgrade on its credit score, on worries about the future state of the economy. Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3. But China's finance ministry said Moody's was exaggerating the mainland's economic
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By Godfrey Kenneth Gobba If you want to make money during the oil boom, you had better start casting your nets right now or else you might end up watching everyone else become a billionaire while you scratch your head wondering where you went wrong. Have you thought about how
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China will further open its economy to foreign investors, through measures such as allowing investment in more industries, such as services, state television said on Tuesday, citing a reform group meeting chaired by President Xi Jinping. China will also step up regulation of overseas business operations of Chinese companies and
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ICEA General Insurance Managing Director, John Karionj has said General Products remain key to Uganda’s insurance industry. He made the remarks on May19 during the inauguration of the company’s agency office that is now based at Rumee Towers, Lumumba Avenue. Previously, its agency office has been at Hannington road, Kampala. Speaking
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A number of organizations are recruiting. Below are some of the organizations seeking to recruit qualified personnel in various fields. Get details from links provided. Infectious Diseases Institute Post: Quality Assurance Advisor and Data Managers; http://www.idi-makerere.com/ Joint Clinical Research Centre (JCRC); Head Internal Audit and Human Resource Officer; http://www.jcrc.org.ug/ Plan International;
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Like Kenya, Uganda is currently experiencing a sugar crisis, with a kilogram going for as high as Shs7, 000. However, an innovative youth has come up with natural and affordable sugar from a plant called Stevia. Julius Nyanzi, 27, who graduated with a Bachelor’s Degree in Botany in 2014 from
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The redevelopment of Nakawa-Naguru housing estate is yet to be completed by the developer nine years after taking over the land, Business Focus reveals. This revelation was made by former tenants of the said estate when they petitioned Parliament on Monday seeking to reclaim the 66 hectares of land from
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Uganda's Leader of Opposition in Parliament, Winnie Kiiza was on Monday morning grilled by the country's Criminal Investigations Department (CID) ovwer allegedly defaming former Defence Minister Crispus Kiyonga. Winnie who is also Kasese district Woman Member of Parliament, arrived at CID headquarters in Kibuli, Kampala, ccampanied by colleagues: Hon. Atkins Katusabe,
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Ugandan President Yoweri Museveni and his Tanzanian counterpart, President John Pombe Magufuli on Sunday signed an East African Crude Oil Pipe Line Agreement (EACOP) as an expression of intent to go ahead with the construction of the 1,400kms oil pipe line from Hoima district in Western Uganda to the Tanzanian Port
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