By Denis Jjuuko Twelve months ago, the world was full of optimism celebrating yet another end of the year. Many resolutions were made for 2020. Then the pandemic at a scale probably never seen before broke out. At first, it looked like it would be contained and won’t disrupt the
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Dr James Mwangi, Group Chief Executive Officer of EGH Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). This follows EGH’s acquisition of 66.53%
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Asia has a new richest person thanks to his vaccine-making firm and bottled water company. Zhong Shanshan has seen his wealth surge $7bn (£5.1bn) this year, helping him leapfrog India's Mukesh Ambani and China's Jack Ma. His is worth $77.8bn, making him the world's 11th richest person according to the
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By Dr.Sudhir Ruparelia The year 2020, was probably the most challenging year for the Ruparelia Group since its founding more than 30 years ago. As one of Uganda’s biggest employers and the most prominent players in real estate, education and hospitality sectors, having to shut down our doors to thousands
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Uganda Revenue Authority (URA) Commissioner General, John Rujoki Musinguzi (pictured) has revealed that the tax body’s revenue target for the second half of the FY 2020/21 (January to June 2021) is Shs12.25 trillion. This represents 62.20 percent of URA’s annual target for 2020/21. During his end of year performance briefing to the media on 29th December
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The United States Embassy in Kampala, Uganda has hailed the release on bail of human rights lawyer, Nicholas Opiyo. Opiyo had been jailed last week after being slapped with money laundering charges. He was however, released on bail on Wednesday by the High Court in Kampala. Speaking on the development,
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The Electoral Commission has started accrediting national and international Election Observers for the 2021 General Elections. According to the Chairperson of the Accreditation Committee, who is also Deputy Chairperson, Electoral Commission, Hajat Aisha Lubega, the EC Accreditation Centre, based at Serena Kampala Hotel, was officially opened on 22nd December 2020,
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President Yoweri Museveni has launched a new multibillion Mukono North power transmission substation in Mbalala, near Kampala. The President said the Shs72.5 billion power station would help spur industrialisation and job creation. The substation is expected to provide reliable power supply to more than 75 factories in the Mukono Industrial
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Uganda's tribes of drinks that make people 'happy' is set to receive a cousin in the names of AU Vodka. According to reports, the British made luxurious vodka will be launched in Kampala, a launch that is expected to be officiated by Rich Gang boss, Ed Cheune together with Skata
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As a keen badminton player Ugandan Catherine Nakalembe wanted to study sport science at university but a failure to get the required grades for a government grant set her on a path that led her to Nasa and winning a prestigious food research prize, writes the BBC's Patience Atuhaire. When
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