Uganda and a US based oil firm are set to begin working on the country's oil refinery, according to Dr. Stephen Robert Isabalija, the Permanent Secretary in the Ministry of Energy and Mineral Development. He revealed this in a statement released on Sunday. Below is the full statement; The Government of
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Uganda's President Yoweri Museveni together with First Lady, Hon. Janet Museveni on joined parishioners of St Luke Kinoni Church of Uganda, to commemorate 70 years since he was baptised [caption id="attachment_3275" align="alignnone" width="960"] President Museveni being received for the celebrations[/caption] Speaking at the end of the church service on Sunday,
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Work on the pipeline that will take Uganda's crude oil to export markets begins after Tanzanian President John Magufuli and his Ugandan counterpart, Yoweri Museveni laid the foundation stone at Chongoleani, in the port city of Tanga Saturday. President Museveni arrived in Tanzania on Friday evening for a two-day state
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A Kenyan opposition spokesman said police raided his alliance’s offices on Friday night, four days before elections – but the government quickly denied any raid had taken place, dismissing the report as “fake news”. Watchmen working at the opposition alliance building in Nairobi also told Reuters there had been no
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The electoral commission in Rwanda has announced that President Paul Kagame has won a third term in office with a landslide. The commission said partial results of Friday's election had given him 98% of the votes, BBC reports. Mr Kagame's supporters began celebrating before the announcement. They say that he
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Major supermarkets will close on August 8 to allow employees to go and vote. This is even as election jitters creep into the economy. The Standard reports that through adverts in local dailies, Tuskys and Naivas Supermarkets announced that they will not open on Election Day to give customers and
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The US economy saw strong jobs growth in July, helped by a wave of hiring in the hospitality industry, reports BBC. The Bureau of Labor Statistics said 209,000 jobs were created in July, which was more had been expected. The unemployment rate edged lower to 4.3%, matching May's figure which
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Embattled tycoon Sudhir Ruparelia has revealed how Bank of Uganda that is headed by Prof. Emmanuel Tumusiime-Mutebile as Governor betrayed him. This shocking revelation is contained in Sudhir’s defense and a leaked document showing the understanding BoU and Crane bank (in receivership) had reached with arguably Uganda’s richest man. [caption
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Livara cosmetics founder and owner, Maxima Nsimenta is among the few young female entrepreneurs nominated for this year's Young Achievers Awards. She was nominated in the Young Achievers Award for Business category. [caption id="attachment_3238" align="alignnone" width="1140"] The organisers of the awards[/caption] Livara Cosmetics manufactures natural and organic cosmetics made from shea
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The Uganda Shilling weakened slightly on account of elevated demand from energy and manufacturing sectors but stabilized at close of the week ending 4th August 2017 as demand waned. Trading was in range of 3610/3620. In the fixed income market, BoU offered 170 billion in the Treasury bill auction. Yields
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