Phiona Bridget Kyeru, 22, an Accountant from Busoga region has been crowned new Miss Tourism Uganda 2019/20, beating 24 contestants at the Grand finale held at Serena Hotel, Kampala on Friday, October 4. Premah Prossy Agwang emerged first runners-up while Jean Coprise Akullo emerged 2nd runners-up. Kyeru also walked away
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Ugandan siblings Esther and Ezekiel Mutesasira (pictured) have been crowned the winners of the first edition of East Africa's Got Talent in a contest that drew participation from four regional countries. The singing duo won a cash prize of $50,000 (UShs184m) in the Sunday night finale that had six contestants.
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The Bank of Uganda (BoU) has revealed the biggest challenge the Central Bank faces today. “The biggest challenge for Bank of Uganda (BoU) is how to accumulate foreign exchange reserves to service external debt. The forex reserves have to be purchased from the domestic market, without causing sharp exchange rate
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The World Bank has called for more transparency from African countries when it comes to managing their external debt. In a new report released last week, the World Bank says that “for both borrowers and creditors to safeguard debt sustainability, and for governments to design effective macroeconomic policies, debt transparency
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Agriculture Minister Vincent Bamulangaki Ssempijja (pictured) has encouraged farmers to embrace modern farming practices in order to guarantee improved and increased coffee production. Ssempijja was speaking at the celebrations to mark the International Coffee Day held at Ankole Coffee Producers Union offices in Kabwohe - Sheema Municipality on October
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The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile will tomorrow Monday October 07, 2019 issue the Monetary Policy Statement for the month of October. The BoU has for several months maintained the Central Bank Rate (CBR) at 10%. The CBR is a benchmark lending rate for commercial banks. According
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Equity Group Holdings Plc has launched a new brand identity that reflects a streamlined financial services provider positioned as a catalyst for the development of the region. The Group has unveiled a new unified brand identity, signalling its next frontier in delivering a seamless customer experience across markets and across
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Old Mutual Ltd. shareholders are split on whether the South African insurer should pony up and settle with Chief Executive Officer Peter Moyo (pictured) or run the risk of a 250 million rand ($16.5 million) damages claim. All Weather Capital (Pty) Ltd. is up for a settlement if it will
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dfcu bank has spoken out on reports that it is set to close 22 branches. In a statement dated Sunday 6th October 2019, the bank management headed by Mathias Katamba (pictured) as Managing Director says: “In the last 24 hours there has been a false notice and other nonfactual stories
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Unidentified attackers have killed at least eight people and wounded 18 others during an overnight attack in northern Rwanda near the border with Democratic Republic of the Congo (DRC), according to police. The attack took place on Friday in Musanze district's Kinigi sector which attracts tourists because of its Volcanoes National Park
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