Farmers whose land was acquired for a controversial Bidco palm oil project in Uganda have been compensated. The payoff to the 36 farmers follows mediation by the dispute resolution office of the World Bank’s International Finance Corporation (IFC). A Ugandan environmental lobby had last year filed the case at the
Read MoreSEATTLE, United States of America, February 13, 2017,-/African Media Agency (AMA)/- Today, Bill and Melinda Gates share their 2018 Annual Letter, “The 10 Toughest Questions We Get.” In this year’s letter, the tenth one that they’ve written, Bill and Melinda respond to 10 tough questions they’ve received over the years from nonprofit
Read MoreMAPUTO, Mozambique, 13 February 2018, -/African Media Agency (AMA)/- DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Daúdo Vali as Country Manager, Mozambique. With the appointment, Daúdo will lead and manage the country’s operations and be responsible for driving its business growth. Daúdo
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Ecobank Uganda has partnered with various entities to increase its offering for its premier banking customers across different segments. The bank has partnered with TPS Uganda that is Kampala Serena Hotel, Lake Victoria Serena Golf Resort and Spa, Nina Interiors- one of the leading furniture shop in Uganda, Prudential Insurance
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Technology is increasingly changing the way people transact business world over. According to Uganda Communications Commission (UCC), Uganda has over 13 million internet users, a development that has seen many businesses go online. It is against this background that a number of banks are embracing digital banking that will in
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By Aloysious Kasoma Uganda Tourism Board (UTB) has announced strategies to grow Uganda’s tourism revenue from US$1.4bn to US$2.7bn (Shs9.8 trillion) by 2020. This was revealed by UTB Chief Executive Officer, Stephen Asiimwe during the launch of this year’s Pearl of Africa Tourism Expo (POATE) on Monday at UTB offices
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Sanlam Uganda Monday announced that Uganda will be participating in the Sanlam Group Awards for Excellence in Financial Journalism. The awards have been recognising and rewarding exceptional business journalism since 1974. The awards aim to honour the indispensable role of the financial journalist in modern business life and the high
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Prof. Emmanuel Tumusiime-Mutebile, the Bank of Uganda (BoU) Governor will tomorrow issue the Monetary Policy Statement for the month of February. BoU stayed the Central Bank Rate (CBR), a benchmark lending rate for commercial banks for the month of December at 9.5% on account that core inflation is projected to
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Fortebet, one of the leading Sports betting companies in Uganda has donated footballs to a team of children in Kisaasi, a Kampala suburb called 'Kabi Danger'. This is to fulfil one of the company’s goals; to promote the growth and development of sports in the country. Fortebet has the largest
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The Ministry of Health has embarked on a drive to dispose of expired and obsolete medicines and other health supplies from 6, 619 health facilities in Uganda, both Government owned and Private Not for Profit. Addressing the press on Monday morning at Uganda Media Centre, Dr. Diana Atwine, the Permanent
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