Jeff Bezos is now the richest person of all time. That should put an Amazon smile on his face. The Amazon CEO's net worth reached $105.1 billion Monday, according to Bloomberg's billionaire tracker. That eclipses the record previously held by Microsoft founder Bill Gates. Forbes, the other major tracker of
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The High Court (Commercial Division) on December21, 2017 disqualified lawyers David Mpanga of FK Mpanga Advocates and Timothy Kanyerezi Masembe of MMAKS Advocate from representing Bank of Uganda (BoU) against businessman Sudhir Ruparelia over conflict of interest. The Central Bank is accusing property mogul Sudhir and his Meera Investments of
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Uganda is such an interesting country where wonders never cease! On Tuesday, the leadership of Parliament decided to table a motion to pay tribute to Alhaj Ibrahim Kaddunabbi Lubega, the Insurance Regulatory Authority (IRA) Executive Director for being elected President of African Insurance Organisation. However, the decision to include this
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The verbal fight between President Yoweri Museveni and top religious leaders is not about to end. This is after Museveni angrily referred to religious leaders as traitors in his New Year message at his Country Home in Rwakitura. “Some of our religious people are so full of arrogance. They talk
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Uganda opposition Kingpin, Kizza Besigye on Tuesday joined thousands of Ugandans in sending off fallen Archbishop, Mpalanyi Nkoyoyo. [caption id="attachment_7548" align="alignnone" width="960"] Besigye laying a wreath on the casket containing Nkoyoyo's remains[/caption] Nkoyoyo, a former Archbishop of the Church of Uganda passed away last Friday. He was 80 at the
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Oprah Winfrey is "actively thinking" about running for president, two of her close friends told CNN Monday. The two friends, who requested anonymity in order to speak freely, talked in the wake of Winfrey's extraordinary speech at the Golden Globes Sunday night, which spurred chatter about a 2020 run.
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Moving past the teens and on to people 18 and older, adults are having less sex than they used to. Analyzing survey data collected from more than 26,000 people between 1989 and 2014, researchers found that the average person now has sex around nine fewer times per year than the
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There is no evidence of any selection criteria guiding the decision to offer tax exemptions to some investors and denying others within the same investment sector, Auditor General’s report for 2017 has revealed. “…it was noted that there was no properly documented policy indicating the procedures for applying and guidance
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Archbishop Cyprian Kizito Lwanga of Kampala on Sunday quoted President Yoweri Museveni and the Constitution while preaching against bad politics. In his New Year's homily at Rubaga Cathedral, Archbishop Lwanga said the president once said all Ugandans belonged to the Movement system. "The president one day said all of us
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The Uganda Government has lost approximately 129 billion shillings to the electricity distributor, UMEME in depreciation and return on asset since 2004 when the latter signed a contract to take over power distribution. The loss has been revealed by the Auditor General's 2017 annual report to parliament. Depreciation cost is
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