Two warring paint companies Sadolin and Plascon are in a cut-throat competition with lots of mudslinging in an attempt to dominate the crowded market. The bad blood started after Japanese paint company, Kansai Plascon, bought off Sadolin Paints East Africa, which for over 50 years held the license for Sadolin
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Embattled Rwenzururu Kingdom is mourning the death of one of its "European envoys," Williams Kinzeghere Bukombi who passed away at King George Hospital in Illford, London ate last month. Williams Bukombi, appointed by the Omusinga Wa Rwenzururu Charles Wesley Mumbere Iremangoma, was a trusted confidant of the latter, and an
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ENGIE and Fenix have announced that they have agreed on a transaction in which ENGIE will acquire 100% of Fenix International, a next generation energy company, offering Solar Home Systems (SHS) in Africa. Founded in 2009, Fenix employs over 350 people and has its main activities in Uganda where it
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Standard Bank has signed an agreement with CCRManager Pte Ltd, a global trade FinTech company, joining their global innovative electronic platform as a member bank. “We are delighted to have joined CCRManager’s distribution platform, which offers an automated, fast and transparent platform for trade risk distribution and participation”, says Vinod
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After months of stability, the Uganda Shilling continues to lose ground. During the week ending 20th October 2017, trading was in the range of 3645/3655. In the early part of the week, the Shilling was under immense pressure on account of strong demand from the interbank ,as commercial banks rushed
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Controversial journalist Andrew Mwenda has released a fresh missive in which he attacks Bobi Wine fans and admits dealing with President Yoweri Museveni. Below is Mwenda’s missive: Open memo to Bobi Wine supporters By Andrew M. Mwenda Since I posted my criticism of your hero, Bobi Wine, you have been
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Quantum Global’s investment was designed to support the cement producer on a number of value creation initiatives, including the development and launch of new products and the optimization of existing facilities QGIAM, the private equity arm of Africa focused investment firm Quantum Global Thursday announced that on behalf of their
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The Inter Parliamentary Union (IPU) has been forced to drop a proposal to debate an item on the rights of homosexuals over objections from the mainly Muslims and African members. The proposal moved by the IPU Standing Committee on Democracy and Human Rights was meant for consideration during the next
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Nairobi Securities Exchange (NSE) investors yesterday lost KSh11.44 billion (over UShs388bn) as the cloud of political uncertainty that has persisted since the September 1 nullification of the presidential election intensified with news that electoral agency commissioner Roselyn Akombe had resigned and fled the country, reports the Daily Nation. Dr Akombe’s decision
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Traditionally, farming is dirty to many Africans. However, with technology and education, farming trends have changed. There are smarter ways of carrying out farming and earning big from it. And due to high levels of unemployment, a number of African youth are increasingly taking on farming as a major business.
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