Kenya Airways has made good its threat to fire 140 engineers and technicians who had been on a go-slow, threatening to ground the national carrier’s operations, reports The Standard. The airline on Wednesday evening issued dismissal letters to the employees. It said they had ignored three warning letters to explain
Read MoreBusinessFocus Reporter
Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent. Barclays said after the
Read MoreUganda's young emerging entrepreneur, Maxima Nsimenta could soon make it to Forbes list of young enterprising Africans if her recent success is something to go by. The Livara Cosmetics boss on Thursday received the Award for Uganda Women Entrepreneurs Association Limited (UWEAL) Rising Star award in recognition for her efforts in
Read MoreUganda’s President Yoweri Museveni, 73, has revealed the secret behind his fitness and good health despite his advancing age. “I have managed to make it to 73 years of age because I do not drink alcohol. I have been here for the last 30 years and all this time you
Read MoreEcobank, the leading pan-African banking group, has won "Bank of the Year" awards in five of its countries of operation, reports All Africa. Ecobank scored the five-trophy hall at The Banker awards, which were held on 29th November at the Hilton London Bankside, with Cameroon, Guinea Conakry, Gambia, Togo and
Read MoreFarmer Based Organizations (FBOs) that have potential to contribute to the agricultural value chain finally have a chance at improving their operations and ultimately become bankable. The organizations that currently lack technical or structural capacity to operate in a sustainable way have started receiving technical support from the Agribusiness
Read MoreExim Bank has donated over 110 hospital mattresses, sanitary towels, diapers, milk, sugar, clothes and other essential items to the Female Ward in Butabika Hospital. The Bank also painted the waiting room at the Female Convalescent Ward. This was on the Bank’s recent visit to the hospital where they were
Read MoreThe Federation of Uganda Football Associations (FUFA) has revealed plans to professionalise and commercialise Express FC. In a statement on his official facebook page on Thursday, Moses Magogo, the FUFA President said they have embarked on a five year strategic plan to make Express better. “At the end of the
Read MoreMityana Municipality lawmaker Francis Zaake has vowed to begin from where he stopped when he returns from the United States of America (USA) where he has been undergoing treatment for injuries he suffered in a parliamentary scuffle. Zaake who says he has been given glasses to aid his vision warned
Read MoreAgeing Gracefully: 75 Year Old Earns Over Sh20M From Mixed Farming
By Peter Abaanabasazi He is 75 years old, but he goes about his farming activities with ease. Sedrach Mwijakubi Munyema, 75, is one of the leading model farmers in Kigorobya and neighboring Sub-Counties-for he is earning over Shs20m annually from mixed farming. In summary, he is already living President Museveni’s
Read More