Uganda's President Museveni met with and congratulated President Felix Tshisekedi of the Democratic Republic of Congo (DRC) at the Sheraton Hotel Addis Ababa, Ethiopia. The two discussed key matters in relation to the common border, notably; the ADF and ebola threats, which issues when eliminated could lead to improved relations
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The Landlord and Tenant Bill 2018 largely favours tenants against landlords, Members of Parliament on the Physical Infrastructure Committee have observed. The MPs, who met the Minister of State for Housing, Dr. Chris Baryomunsi, were concerned that the Bill gives tenants more opportunities of negotiation with landlords, saying this would
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Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on commercial banks and institutional investors for its funding. The government said in a statement on Tuesday that the measure, which was approved at a
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Five people were killed after the light aircraft they were travelling in went down in Kenya’s Rift Valley area. The chartered Cessna plane was headed to Lodwar from the Maasai Mara when the crash occurred. Police told local media that there were three men and two women on board, but
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Parliament's committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has faulted Uganda Registrations Services Bureau (URSB) for not carrying out due diligence during the incorporation of Cooperative Bank in 1997. The Bank was created to replace and take over the assets and liabilities of a previous Bank of the
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In the next three years, top HR executives and employers have asserted that the biggest impact on recruitment will be Technology Augmenting the Hiring Process. In other words, how technology will make the hiring process more effective through easier filtering and more accurate matching. This discovery, along with other invaluable
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One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement with a strategically located African nation, in the city’s first court case involving China’s Belt and Road Initiative. FactWire has obtained a legal filing by United Arab
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Lawyer Timothy Masembe of MMAKS Advocates finally appeared before MPs on parliament’s Committee on Commission, Statutory Authorities and State Enterprises (COSASE) on Tuesday afternoon after snubbing the Committee in the morning. He was supposed to give details concerning the sale of Crane Bank Limited (CBL) where his firm played the
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Uganda is set to host a strategic Leaders summit under the theme, “Innovation, leadership and entrepreneurship development in times of uncertainties”. Organized by Human Capital International (HCI) a human capital development company based in the UK with offices in Ghana and here in Uganda, the Summit, which is going to
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The merged CBA and NIC bank will count among its top owners some of Kenya’s most renowned billionaire investors and political figures, shareholder information on the two lenders has revealed. Records from the Registrar of Companies have revealed the underlying ownership of the privately-held CBA bank, whose investors will control
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