By Livingstone Mukasa Every one of us is driven by something. Some of us know what drives us and others are yet to pin it down. The life you live is essentially a product of your push and pull factors. In my case, one of my push factors is to
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Many Ugandans are excited about the oil money that is expected when oil starts flowing come 2020. However, many will not physically touch the oil money that many believe will transform Uganda economically. According to experts, US$15bn (Shs54.7 trillion)-US$20bn (Shs73 trillion) is expected to be invested in Uganda’s oil and
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Zimbabwe's President Robert Mugabe has resigned, parliament speaker Jacob Mudenda says. A letter from Mr Mugabe said the decision was voluntary, Reuters news agency reports. The surprise announcement came as lawmakers debated an impeachment motion against Mr Mugabe in a joint sitting of parliament. Mr Mugabe had previously refused to
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Bank of Uganda (BoU) officials were Tuesday quizzed on why the Central Bank continues to pay billions of tax payers’ money to external lawyers despite having a legal department with one of the best lawyers in the country. The officials led by BoU Deputy Governor, Dr. Louis Kasekende had appeared
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The bribery scheme was hatched in the halls of the United Nations in New York and spanned several continents. Chi Ping Patrick Ho, Hong Kong’s former Home Secretary, and Cheikh Gadio, a one-time foreign minister of Senegal, plotted to bribe high-level African officials to secure business rights for a Shanghai-based
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Zimbabwe's former vice-president, whose sacking led to last week's army takeover, has urged President Robert Mugabe to resign immediately. Emmerson Mnangagwa said he fled abroad two weeks ago when he learned of a plot to kill him, and he would not return until he was sure of his security. The
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A top Zanu-PF official and an ally of First Lady Grace Mugabe has tweeted that he and other 50 party officials are outside the country. Jonathan Moyo tweeted that he is "relatively fine". The tweet has however been deleted but the BBC manged to get a screengrab of it: [caption
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The U.S. African Development Foundation invites proposals for grant financing and local support, from African enterprises, cooperatives, and producer groups with innovative solutions that extend their own capabilities to increase revenues, create jobs, improve farmer incomes, and achieve sustainable market-based growth. Maximum award US $250,000. Proposals will only be accepted
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President Paul Kagame of Rwanda has awarded Nigerian multi-millionaire business mogul Gilbert Chagoury with the national order of friendship medal ‘Igihango’, one of the highest national honors in the East African country, reports Forbes. In a ceremony in Kigali on Saturday, the President bestowed the honor on the Nigerian business
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The Kenyan shilling strengthened, the Eurobond rallied and the stock market remained cagey after the Supreme Court upheld President Uhuru Kenyatta’s win on Monday morning. Reuters quoted the shilling at 103.60/80 per dollar after the unanimous verdict was delivered, from 103.80/90, where it was trading earlier. Analysts say that the
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