By Lydia Kayonde, One of the most significant changes in financial services over the past few decades has been the growth and adoption of Bancassurance. Whileit may sound like a complex word, it isa simple term coined by combining two words, bank and insurance. The sale and distribution of insurance
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In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group Wednesday in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million (UShs1.6 trillion) state-of–art and fully integrated sugar
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It was the most disastrous product recall in the history of the mobile phone industry. Now, a year on from the exploding Galaxy Note 7 fiasco, Samsung on Wednesday unveiled the new version of its giant smartphone. It should be a nervous moment for a company which has had what
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Uganda and Tanzania have ceased to be Kenya’s export drivers after relinquishing the position to Pakistan and the United States that have upped their appetite for Kenyan goods. The Daily Nation reports that Pakistan has this year overtaken Uganda as the largest buyer of Kenyan goods, while the United States
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Being a business owner is hard. You’re not going to get the results you want overnight. You’re going to want to give up. However, the next time you are tempted to call it quits on your business, read these five favorite inspirational quotes and get back to work. “If you
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Kenya's opposition will argue before the Supreme Court that technology enabled rather than curbed election fraud, as it seeks to overturn a vote this month won by President Uhuru Kenyatta. Opposition leader Raila Odinga's National Super Alliance (NASA) said in a petition filed on Friday that results from more than
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The proposed ban of second-hand clothing across the East African Community has received enormous support at the ongoing review of the Bloc's eligibility to trade with the United States under the African Growth and Opportunity Act (AGOA). The review which started last month, in Washington D.C, is in response to
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Buganda Kingdom loyalists are worried about the numerous court cases against the Kabaka Ronald Mutebi II over land. The Katikiro Peter Mayiga says there are currently 40 land cases against the Kabaka in the courts of law. He notes that several Buganda loyalists have expressed concern about the decision by
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Donald Trump has vowed to close down government if that is what it takes to build his wall along the Mexico border. The US president told supporters at a "Make America Great Again" rally in Phoenix, Arizona, that the opposition Democrats were being "obstructionist". During the 80-minute speech, he also
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By Godfrey Kenneth Gobba The concept of using a financial asset as an investment solution usually makes more sense to high income earners than to low and middle income earners. For ordinary people that are struggling to make a living, financial assets tend to make more sense only if they
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