Some textiles will benefit from the lower tariffs The UK has launched a scheme to cut tariffs on hundreds of products from some of the world's poorest countries to try to boost trade links. The preferential terms, which come into effect early next year, will affect products ranging from
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Some of the recovered vehicles There was excitement at Naguru police headquarters as Flying Squad started handing over more than 40 motor vehicles recently recovered in operations against car thieves and robbers. Some of the people whose cars have been recovered were seen wiping tears of joy
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Election commission boss Wafula Chebukati declared Mr Ruto (right) Kenya's fifth president Kenya's Deputy President William Ruto has defied the odds by winning the fiercely contested presidential election in East Africa's powerhouse. His victory was narrow, stunning, and highly controversial as four of the seven members of the electoral
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A section of Moi Avenue within the Nairobi Central Business District that was deserted a few minutes to the announcement of presidential results. PHOTO | DIANA NGILA | NMG Nairobi’s central business district (CBD) has been deserted as the nation awaits the presidential election results, which are expected any
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Some of the roadside fuel dealers awaiting for their customers in Arua city Fuel stations in Arua are crying foul over the increasing number of fuel vendors on the streets of the city, something they say is affecting their sales. They argue that their businesses are on the
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Racheal Mwagale, the Executive Director Junior Achievement Uganda speaking at the launch of the grant Young people and schools with promising business innovations are to benefit from a new seven million euros (UShs26.8bn) grant offered by Z Zurich, a Switzerland-based Entrepreneurship Foundation. George Mutekanga, the Assistant Commissioner in
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Over the years, cryptocurrencies have gained enormous popularity, making people adopt them as a tool for financial transactions. In fact, cryptocurrencies have delivered several benefits, such as minimal transaction fees, instant accessibility and high levels of transparency. With all the benefits cryptocurrency has over traditional currency and even other
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The Statehouse anti-corruption unit officials were on Friday left speechless after inspecting the remains of a 17 million Shilling "office" built with mud and wattle (pictured) in Suam town council in Bukwo district. The structure was supposed to be an office for cattle revenue collection in Suam cattle market
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The lengthy vote counting process in Kenya is making the whole election period longer than it has been expected and hoped before, and this is influencing the activities in the financial markets. The business community in the region as a whole has been waiting for the end to the
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Dr. Michael Atingi-Ego, the BoU Deputy Governor The Bank of Uganda has increased the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, by 50 basis points to 9 percent. This comes as the economy continues to face strong cost-push inflation pressures from the external environment, dry
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