The African continent is expected to grow to a US$3trn (Shs10,756 trillion) economy by 2030, according Ernst & Young’s ‘Attractive Program Africa 2017’ report. The strongest economies over the last two years have included commodity-importing East African countries such as Tanzania, Ethiopia, Kenya and Rwanda while the West African economies
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Five Police Flying Squad operatives in Kasese district are in trouble for alleged theft of two bags of coffee beans. The five, whose identities have been withheld by Police, are being held by the Police Professional Standards Unit. Local news agency, URN, reports that they allegedly confiscated two bags of
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Uganda Revenue Authority (URA) has released a list of top 20 tax paying religious institutions in Financial Year 2016/17, Business Focus reports. “The URA team appreciates you among the top religious institutions this financial year for mastering the biblical teaching of: ‘Give to Caesar what is Caesar’s, and to God
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Uganda Wildlife Authority (UWA) dealt with fake Chinese envoys in its dealings regarding ivory, Business Focus has learnt. According to Ambassador Patrick Mugoya, the Permanent Secretary in the Ministry of Foreign Affairs, the two Chinese nationals under investigation for illegal ivory trade were not members of the Chinese Embassy in
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The National Social Security Fund (NSSF) has launched a Voluntary Membership Plan that will provide employers and workers that are not compelled by the mandatory provisions of the NSSF Act the opportunity to voluntarily save for their retirement. The Fund also introduced a mobile money platform through which it will
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Uganda’s Inspector General of Police (IGP) absence from three major public events has sparked speculation about his health – at a time when the police is receiving criticism for alleged torture of suspects in their custody. IGP General Kale Kayihura was absent from the State of the Nation Address, the
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Tanzania’s Government signed a $154 million (Shs552.5bn) contract on Saturday with the State-run China Harbour Engineering Company (CHEC) to expand the main port in the commercial capital, Dar es Salaam. Tanzania is seeking financing for infrastructure projects as part of its plans to transform the country into a regional transport
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By Godfrey Kenneth Gobba A Salary Loan is one of the greatest opportunities that employed people have to start creating wealth for themselves, but many often squander this opportunity. Anyone that has ever approached a bank seeking a loan knows for a fact that qualifying for credit is indeed no
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Prime Minister Theresa May was fighting to hold on to her job on Friday as British voters dealt her a punishing blow, denying her the stronger mandate she had sought to conduct Brexit talks and instead weakening her party's grip on power. With no clear winner emerging from Thursday's parliamentary
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Ugandan socialite and wife of Tanzanian singer, Diamond Platnumz, Zari Hassan, has been given the authority to manage the business empire of her deceased ex-husband, Ivan Semwanga, who died last month. The decision was reached after a lengthy meeting at Ivan’s home in Uganda on Saturday which was attended by
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