Zimbabwe's President Robert Mugabe is in Singapore for medical reasons, prompting opposition figures to question whether the 93-year-old still has the stamina to run the country. State media, quoting an information ministry statement, says the world's oldest head of state left Friday for "a routine medical check-up" and will be
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United States on Tuesday postponed for three months a decision on whether to permanently lift sanctions on Sudan over its human rights record and other issues, the U.S. State Department said. Former U.S. President Barack Obama temporarily lifted sanctions for six months in January, suspending a trade embargo, unfreezing assets
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The newly elected Member of Parliament for Kyaddondo East Robert Kyagulanyi Ssentamu has been designated to the Presidential Affairs committee as he starts a new journey as a legislator. Kyagulanyi, also known as Bobi Wine, a stage name he has used throughout his music career, was appointed to the committee
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Leading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa. The partnership, which was announced at the GSMA’s Mobile 360 conference in Dar es Salaam, enables Huawei to add a ready-made solution for remittances - a
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Regional Supermarket chain, Nakumatt Holdings’ financial woes have reached unprecedented levels, with the regional retailer failing to attract the highly needed funding.. Business Focus has reliably learnt that the Kenyan based Supermarket is seeking a bailout from the Government of Uganda to survive the current financial storm. A source privy
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John Collison, the Irish cofounder of Stripe, the payments processing company now powering many in-app purchase systems, was a few months ago proclaimed the world's youngest self-made billionaire by Forbes in its new world's richest list. Collison, 26, is two months younger than Spiegel, the cofounder of Snapchat, which went
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The Government of Uganda seems determined to away with unnecessary loans burdening Ugandans, Business Focus reveals. The latest is that President Yoweri Museveni has rejected 11 loans that he says will not add value to Uganda’s economy. “We are burdening the country with so many loans many of which don’t
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Uganda Investment Authority (UIA) says it will have created over one million jobs in the next 5 years as local and foreign investors continue to embrace Uganda as a top investment destination. Addressing the press on Tuesday at UIA offices in Kampala about her 100 days in office, Jolly K.
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Kyadondo East newly elected MP, Robert Kyagulanyi aka Bobi Wine has said it’s not him that has entered Uganda’s Parliament, but rather the ghetto. The Ugandan popular artist made the remarks on Tuesday afternoon at Parliament before taking his oath. “It feels like a great responsibility has been entrusted on
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A KShs100 (UShs3, 461) note might not be enough to get you to work and back home if you use public transport. If anything, you would probably need more than twice that amount daily if you commute from Nairobi’s central business district to Ongata Rongai for work - a distance
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