Bank of India Uganda Limited is on the verge of quitting the Ugandan market, Business Focus has reliably established. An insider at the bank told this site on Tuesday, Feb.20 that the entire banking sector in India is undergoing restructuring. Consequently, Bank of India, a state-owned bank is consolidating its
Read MoreACCRA, Ghana, February 28, 2018 -/African Media Agency (AMA)/- Young African innovators are taking charge of their future and designing innovative agricultural technologies despite lacking access to finance, innovation hubs, and information according to a new report released by the Mastercard Foundation Youth Think Tank. At a launch organized by
Read MoreKenya’s GDP growth is projected to increase to 5.7% during the first quarter of 2018. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q1 2018, launched today, the accountancy and finance body points to the easing of political
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Uganda's Inspector General of Police (IGP) General Kale Kayihura is offering Shs100m to anyone who can help catch those responsible for the murder of kidnapped Susan Magara. The IGP revealed this on Tuesday evening the same day the body of Magara was found. [caption id="attachment_9117" align="alignnone" width="808"] RIP: Susan Magara[/caption]
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Just three years after ascending to the helm of Uganda’s revenue collection institution, she has scooped a major continental award. Doris Akol, the Uganda Revenue Authority (URA) Commissioner General, has received the African Leadership Magazine (ALM) Person of the Year Public Service Excellence Award 2018. Additionally, she was inducted into
Read MoreThe Africa CEO Forum, which is holding its 6th edition on 26 and 27 March in Abidjan, is devoting an exclusive panel discussion to the Nigerian economy and its diversification model. And how can it inspires other african economies ? Nigeria will be represented in full force this year, with
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Susan Magara, the lady who has been missing for close to three weeks, has been found dead. According to reports, her lifeless body was found at the southern bypass (off the Entebbe Express way). Three weeks ago, Magara disappeared after the vehicle she was driving was found parked in what
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Ugandan army has confirmed it shot dead three Somali soldiers in Mogadishu after a convoy carrying its military commander came under fire over the weekend. According to the army, Somali troops opened fire in the convoy of Brigadier Paul Lokech during a lockdown on the capital after two blasts killed
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Property mogul Sudhir Ruparelia is dancing legal tango with Dfcu Bank, the financial institution that took over management of Crane Bank in January 2017. In a series of separate cases, the businessman through his companies has sued the bank for illegal possession/ trespass on his properties and breach of contract.
Read More"Black Panther" is raking in big money at the box office — and now Disney is giving a cut of that back to children. The Marvel Studios owner is donating $1 million to the Boys & Girls Clubs of America in celebration of "Black Panther's" financial success. The donation will
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