Uchumi Supermarkets is set to explore the e-commerce sector to maximize profit and reduce operational costs, Business Daily reports. Acting chief executive officer Mohamed Mohamed said the supermarket is in the process of creating an online platform in the third quarter of the year. Mr Mohamed was speaking during a
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Kampala has improved in a global survey of the best cities to live in, eclipsing Nairobi that has stagnated in the latest ranking of capitals offering quality life. New York-based consultancy Mercer, in its 2018 quality of living survey, ranks Kenya’s capital at position 186 out of 231 cities. Nairobi held
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The U.S. said it plans to suspend duty-free access to Rwandan textile imports because of the African nation’s refusal to lower trade barriers for American-made clothing and shoes, Bloomberg reports. The suspension applies to all AGOA-eligible apparel products from Rwanda in 60 days, the U.S. Trade Representative’s office said in
Read MoreKIGALI, Rwanda, March 29th, 2018 -/African Media Agency (AMA) /- The third and final day of Next Einstein Forum (NEF) Global Gathering 2018 in Kigali on Wednesday kicked off on a sober tone with “Breakthroughs from across the world” looking first at how indigenous crops on the continent could be
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2018 is promising to be a good year for Ntinda based hang out, Koko Bar. According to sources at the popular night club, the boss, Simon Rusoke has entered a deal with Castle Lite that will see the latter sponsor theme nights on Tuesday, Wednesday, Friday and Saturday. “Even though
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Luweero Woman MP, Lillian Nakate, who is also the Chairperson on the Parliamentary Committee on Infrastructure, may be impeached from chairing the Committee after a section of lawmakers accused her of incompetence. This is after Nakate allegedly left out a number of issues on Committee report on SGS, a company
Read MoreDuring the event, the participants raised awareness on the threats and dangers that explosives remnants of war and landmines pose to civilians in Libya TRIPOLI, Libya, March 29, 2018/APO Group/ — The Canadian Embassy hosted an event under the theme “Advancing Protection, Peace and Development” to celebrate the International Day
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Kenyan opposition figure Miguna Miguna says he was beaten and drugged before being forcibly removed from the country for a second time, the BBC reports. The deportation came hours after a court held top officials in contempt for failing to release him from the airport where he was being held.
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dfcu bank has recorded an impressive Shs127.6bn net profit in the year ended 31 December 2017, up from Shs46.2bn registered in 2016. This means that the profit increased by a record Shs81.4bn. According to the bank’s financial statements released Thursday, dfcu bank registered impressive results on all key performance parameters
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Umeme Limited has released its financial results for the year ending 31 December 2017 indicating that its net profit reduced to Shs35.49bn, down from Shs138.8bn in 2016. However, its gross profit increased by 8.3% to Shs515.9bn on account of improved distribution margins and continued reduction in energy losses. Umeme says
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