Kenya based telecom giant, Safaricom been named as the best employer in Africa and 67th in the world by Forbes business magazine that ranked 500 publicly-traded companies from 60 countries, the Daily Nation reports. The annual Forbes Global 2000 list, now in its 16th edition, puts second best employer in
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Traditional bank branches are set to significantly reduce, thanks to the advent of digital banking that is convenient and cost-effective. According to the recently released Bank of Uganda Annual Report 2017/2018, In 2017/18, eight bank branches were also closed in the period under review as banks embrace digital banking. However,
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Total Africa Cup of Nations (AFCON) 2019 Qualifiers: Uganda Cranes Vs Lesotho Saturday, 13th October 2018 Time: 4 PM at Mandela National Stadium Charges: 15,000/- (Ordinary Tickets), 40,000/= (VIP), 150,000/= (VVIP) Uganda Cranes head coach Sebastien Desabre and the team captain Denis Onyango have promised a spirited showing against visiting
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Usain Bolt has scored his first goals for a professional football team, getting two on his maiden start for Central Coast Mariners in a friendly. The Jamaican eight-time Olympic sprint champion scored the Mariners' third and fourth goals in a 4-0 win over Macarthur South West and celebrated with his
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The Uganda shilling lost ground, erasing some of its slight gains of the previous week, as demand for dollars picked up from the energy, telecom and manufacturing sectors coupled with commercial banks covering short positions during the week ending 12th October 2018. Trading was in the range 3795/3805. In the
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It appears every Member of Parliament in Uganda is servicing a loan, if a report from the Parliamentarians’ Cooperative Savings and Credit Society Limited (SACCOs) is anything to go by. The SACCO, whose membership is largely comprised by lawmakers, is counting losses amounting Shs122.36m after three legislators passed on without
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The Ugandan government is set to spend Shs700bn in organizing the 2021 general elections, State Minister for Finance in charge of Planning, David Bahati has revealed. This is higher than Shs419.9bn spent on the 2016 general elections. The minister made the remarks on Thursday while appearing before Parliament’s Local Government
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Africa’s youngest billionaire was Thursday abducted by masked gunmen in Tanzania’s main city Dar es Salaam, police say. Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout. Three people have been arrested in connection with the incident and two of
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Mike Mukula has said the youth are not yet capable of taking up the leadership mantle as there would be chaos in the country. In an exclusive interview with Citizen TV on Friday, Mukula, the National Resistance Movement (NRM) vice chairman, further claimed that President Yoweri Museveni is still the leader the country
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A landslide following heavy rains in eastern Uganda has killed more than 30 people. It is feared that the death toll could rise as a government rescue team reaches the Mount Elgon area. A river burst its banks and a torrent of mud and water swept villages away. Pictures from
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