London-based oil explorer Tullow on Wednesday said it had pumped additional $2.9 billion (KSh293 billion) into the operation targeting full-scale export of Kenya’s oil to begin in four years’ time, reports the Daily Nation. Tullow, which has already spent more than $1 billion (Sh101 billion) in exploration activities over the
Read More
dfcu customers and the general public can now purchase a wide range of insurance products including motor vehicle cover, fire and burglary, Child Education, goods in transit and so much more from dfcu Bank. This after the Insurance Regulatory Authority of Uganda granted dfcu Bank a license to offer bancassurance
Read More
The former Liverpool and Bolton Wanderers talisman is keen in following Weah's steps by leading the people in his country. Senegal legend El Hadji Diouf has revealed his newly found career in politics as he hopes to change things in his home country, a number of media agencies have reported. Inspired
Read More
Hope came in with a new sport for Kisenyi, the largest Kampala slum that has for long been notorious as a violent enclave for drug distribution and abuse, prostitution as well as all forms of thuggery. The noisy chatter, tired unplanned cribs, smelly drainage and dusty narrow roads is the signature tune
Read More
MTN Group Ltd. plans to raise about $500 million (Shs1.8 trillion) from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a record fine, according to people familiar with the
Read More
Muzamiru Tulu, the referee who awarded Vipers SC a controversial goal as they beat Mbarara City at Kakyeka stadium last November, will be in charge of the opening game of the Ankole Lions when they play away to Police at Namboole Stadium. The game was headed to a stalemate but
Read More
The Minister of Finance, Planning and Economic Development, Matia Kasaija will live to ‘die’ another day after Speaker of Parliament, Rebecca Kadaga saved him from being censured for allegedly misappropriating $200m (about Shs720bn) loan that was meant for National Medical Stores (NMS) to procure medical supplies. Kasaija had failed to
Read More
The Entebbe Chief Magistrate's Court has remanded Godfrey Wamala alias Troy, the prime suspect in the murder of popular music artist, Moses Ssekibogo alias Mowzey Radio. Wamala appeared this morning before the Entebbe Chief Magistrate, Mary Kaitesi where he was charged with murder. [caption id="attachment_8500" align="alignnone" width="660"] RIP; Mowzey Radio[/caption]
Read More
Over 30 employees will soon be out of work after online classified OLX confirmed it was shutting its Kenya office, reports the Standard. The e-commerce company will also close its Nigeria office, in what is a dent to the growth of e-commerce in Africa. “We made a difficult but important
Read More
Will Villa keep the momentum? SC Villa have never looked more likely to win the championship than this year since their last triumph over a decade ago. The record 16-time champions lead the log by a mega five points. Despite some financial challenges in the first round, they held still.
Read More
