The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) today announced the first cohort of 12 EdTech Fellows, companies that will benefit from the Centre's support to expand their operations and improve secondary teaching and learning across the continent. The Fellows were selected after
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Uganda's President Yoweri Museveni met his Rwandan counterpart, Paul Kagame on Friday at the border between the two countries to try and end the standoff between the two nations. The two leaders signed an extradition treaty to allow the exchange of wanted criminals. According to a joint communique, it was
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Ugandan money magnate, Sudhir Ruparelia has contributed shs10 million towards the enthronement of the new church of Uganda Archbishop Samuel Stephens Kazimba Mugalu. Sudhir handed over the cheque to government Chief Whip, Ruth Nankabirwa at Crane Chambers on Friday afternoon. Ms Nankabirwa is the chairperson of the enthronement committee that
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In a bid to eliminate inefficiencies in planning and ensure effective monitoring on infrastructure contacts, a new online Infrastructure Monitoring Tool (E-IMT) has been developed to assist on timely gathering of project and contract information, enabling timely feedback and collect evidence among other functions. The E-IMT was developed by CoST,
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Speaker Rebecca Kadaga has welcomed the introduction of the new ‘Tondeka’ buses, with a rider that attention has to be given to the involvement of local content. In a meeting with the proprietors of the bus company, now a subject of heated divisions in Kampala Capital City Authority (KCCA), Kadaga
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The local currency weakened slightly against the dollar after opening the week relatively flat. Mid week market activity resulted in uptick in demand mainly driven by corporate players and interbank . Week closing quotes were at 3670/80 compared to opening levels of 3665/75. In the fixed income segment, a bond
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Beekeeping has gained prominence in the last few years and continues to be among the top trending agribusinesses that are becoming more profitable. While Honey is obviously the main source of beekeepers’ income, there is a lot more revenue to be earned from beekeeping. Sandra Ajang (pictured above) dfcu Bank’s
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AZA, Africa’s biggest non-bank currency broker, has rolled out its recently upgraded payment platform BFX to Uganda. BFX is a B2B payment platform that leverages AZA’s hybrid infrastructure and empowers companies to use African currencies with less risk, cost and friction than ever before. The launch comes within three months
Read MoreEcobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge. The Fintech Challenge gives African start-ups the opportunity to promote their fintech solutions, and potentially partner with Ecobank to roll-out their solutions across Ecobank’s 33 markets in Africa as
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The Minister in Charge Presidency, Esther Mbayo has applauded the investments that Proctor and Gamble (P.G), an international company have extended to Uganda. Proctror and Gamble, the manufacturers of a range of products including Ariel, Always, Gilette, Pampers, Vicks among others re-affirmed their commitment to expand more investments. During a
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