A conglomerate run by Asia's richest man has started a service that aims to compete with Amazon in India. Mukesh Ambani's Reliance Industries said it had been inviting people to sign up to its grocery delivery service. The company is aiming to use its massive mobile phone customer base as
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Coffee is a perennial crop. It is one of the most important cash crops in Uganda, playing a major role in the livelihoods of many poor people and is a major foreign exchange earner for the Country. There are two main types of coffee grown in Uganda namely Arabica and
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Equity Group Holdings (EGH)’s plans to acquire banking assets of Atlas Mara in four African hangs in balance after binding transaction agreements between the two parties expired. On 29 April 2019, EGH announced that it had entered into a binding term sheet (the Binding Term Sheet) pursuant to which EGH
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It was glitz and glamour as Kampala’s Plush Pearl of Africa Hotel on 31st December 2019 put up a show to remember to welcome the New Year 2020 with open-air festivities at the hotel, ending with grandiose fireworks. Celebrations of the arrival of the New Year at Pearl of Africa Hotel
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A packed Times Square in New York was set for its annual New Year's ball drop after crisis-marred celebrations in other countries ended a year of worldwide upheaval that saw strike-hit Paris welcome the new decade with fireworks, and London's Big Ben ring out after a long restoration. Billions around
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By AFP Chinese telecommunications giant Huawei said Tuesday that "survival" was its top priority after announcing 2019 sales were expected to fall short of projections as a result of US sanctions. The global leader in telecom networking equipment has been effectively banned by the United States from working with American
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Aliko Dangote, Africa’s richest man, became $4.3 billion (Shs15.8 trillion) richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making
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North Korean leader Kim Jong-un (pictured) has said he is ending the suspension of nuclear and long-range missile tests put in place during talks with the US. Mr Kim also said his country would soon introduce "a new strategic weapon". But he left a door open for dialogue, and said
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By Denis Jjuuko Everyone wants to become rich... isn’t it? So as 2020 starts, what are you going to do about it? Here are 10 flaky ideas... 1. Open a foreign currency account preferably a US Dollar - whatever you want to save convert it into dollars and deposit it
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Applications for the 6th cohort of the Tony Elumelu Foundation Entrepreneurship Programme are now open. The Tony Elumelu Foundation (TEF)—Africa’s leading philanthropy focused on empowering African entrepreneurs—is looking for the most innovative business ideas across the African continent. You are eligible to apply if you have a business idea or
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