As Central and Eastern Europe become increasingly popular for South Africa’s property sector due to subdued growth potential and earnings locally, should these funds not be investing closer to home? This is the view of Kfir Rusin, the host of the most significant annual gathering of capital investors in African
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Mineral water Company, NEC-Uzima is the latest company to join the Corporate Games. Uzima is understood to have signed a one-year 2019/2020 deal with the Corporate Games Management. Uzima Natural Mineral water was represented by their Human Resource Manager, Cpt. Titus Muhoozi, who noted that the main reason they are
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Finasi/Roko Construction SPV Limited, the company government of Uganda through Ministry of Health contracted to undertake construction of the international specialized hospital in Lubowa has explained why Ministry of Health officials and MPs were barred from accessing the site yesterday. The Construction company feigned ignorance about the visit, arguing that
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The Uganda Law Society (ULS) has called upon the Government to ring fence legal services in the oil and gas sector, for the benefit of Ugandans. This was during a meeting between ULS and the Petroleum Authority of Uganda (PAU). Section 125 of the Petroleum (Exploration, Development and Production) Act2013
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The Legal and Parliamentary Affairs Committee yesterday started scrutunising the electoral reforms tabled by Government, with the proposal to regulate independents vying for elections receiving fierce rejection from the lawmakers. It is worth noting that Attorney General, William Byaruhanga recently tabled five bills in response to recommendation by Supreme Court
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Ugandan MP and musician Bobi Wine has been charged with intending to annoy, alarm or ridicule the president. The new charge is an addition to a previous charge of treason. In an alleged incident that led to his arrest, the MP and his colleagues are accused of hurling stones at
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Stanbic Bank Uganda recorded exceptional half year results, posting a 39.5% year-on-year increase in its Profit After Tax which grew from UGX 96.1 billion in June 2018 to UGX 134 billion at the end of June 2019. Commenting on the bank’s performance, Patrick Mweheire, Chief Executive Stanbic Bank said, “We’ve
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Uganda has started its largest-ever trial of a preventive Ebola vaccine, an official said on Monday, amid fears of a potential spillover of the deadly hemorrhagic fever from neighbouring Democratic Republic of Congo. The East African country has been on high alert since two people, part of a family visiting
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Amazon founder and CEO Jeff Bezos sold over 530,000 Amazon shares in the first two days of August for $990 million (UShs3.6 trillion). After taxes, he will net an estimated $750 million (UShs2.76 trillion) in cash from the sales. The sales on August 1 and 2 followed $1.4 billion (after-tax)
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On Tuesday fans of one of Tanzania's oldest clubs will gather at the National Stadium in Dar es Salaam to celebrate "Simba Day". It is the culmination of "Simba Week" and features a friendly for the senior team against Zambia's Power Dynamos as well games for the under-20 and women's
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