* The first Women in Business Meeting, organized in partnership with ESSEC Business School and the International Organisation of La Francophonie, will take place on 2 and 3 July in Paris. * The program focuses on women’s development as business leaders and women of influence. * A board of influential
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Tanzanian conjoined twins Maria and Consolata Mwakikuti have died at the age 21 after suffering respiratory complications at a local hospital, the BBC reports. The women, who were joined from the navel downwards and shared organs like the liver and lungs, had two hearts and separate heads and arms. They
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Ecobank Uganda has revealed plans aimed at making it rank among the top five banks in Uganda in the next three to five years. The remarks were made by Clement Dodoo, the Ecobank Uganda Managing Director during the launch of Ecobank Emerald Business Club on Friday. “2018 is unique for
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Uganda’s richest man Sudhir Ruparelia on Saturday opened another state-of-the art building along the 5th street in Industrial Area, Kampala. The building was opened by Rajiv Ruparelia, the Managing Director of Crane Management Services, a company under the Ruparelia Group where Sudhir is the Chairman. Rajiv said that the building
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As millions of Christians traveled to Namugongo for the Uganda Martyrs Day celebrations today, other Christians from different parts of the world flocked another little known powerful martyrs site-Kimaanya Shrine in Masaka District. At this site, there are some of the remains and tools used in the early days when
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Kenyan President Uhuru Kenyatta today declared a “great day for Kenya” as he flagged off the first consignment of crude oil destined for export from Kenya, which will lead to oil becoming a major contributor to the nation’s economy. The Standard reports that Kenyatta flagged off trucks loaded with crude
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Kenyan authorities will investigate 10 financial institutions suspected of handling funds that were stolen from the government’s National Youth Service (NYS), the director of criminal investigations confirmed on Thursday. The Daily Nation named nine commercial banks and a financial co-operative society as the institutions that police and the central bank
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The Financial Intelligence Authority (FIA) Executive Director Sydney Asubo has said investigations into money laundering allegations against former Bank of Uganda Executive Director in charge of Supervision, Justine Bagyenda are ongoing. Asubo, who confirmed investigations against Bagyenda early this year, says investigations are on course. “We have never said they
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US President Donald Trump's "America First" stance on global trade has hit Rwanda, by imposing tariffs on clothing exports from the tiny East African nation, the BBC reports. The issue revolves around an obscure import, second-hand clothes, and Rwanda's refusal to back down from the fight. When did the dispute
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The Uganda shilling traded in a bearish mode, breaking trend lines to trade in the range of 3770/3780 during the week ending 1st June 2018. This means that Ugandans will need more shillings to buy dollars/import. The surge in demand was driven by mainly energy and manufacturing end month fx requirements.
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