Africa’s richest man Aliko Dangote told investors "Agriculture, agriculture, agriculture. Africa will become the food basket of the world." In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa to hear
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The world’s central banks can’t sit back and ignore the growth in cryptocurrencies as it could pose a risk to the stability of the financial system, according to the Bank for International Settlements. It said central banks will need to figure out whether to issue a digital currency and what
Read MoreStandard Chartered Bank (StanChart) and MTN Uganda Limited have signed an agreement to allow MTN Mobile Money collections for Corporate and Business clients directly into their Standard Chartered Bank accounts on a real time basis.This solution is dubbed Straight2Bank Wallet Collections and will be delivered through the Bank’s Straight2Bankelectronic banking
Read MoreSiemens has made positive strides in collaboration with the Ugandan government and key stakeholders to identify opportunities to support some of the country’s immediate and long-term energy and infrastructure ambitions. Speaking at the opening panel at Future Energy Uganda on Wednesday, Sabine Dall’Omo, CEO of Siemens Southern and Eastern Africa
Read MoreMTN Uganda and the National Social Security Fund (NSSF) on Tuesday announced a partnership that enables payment of social security contributions using Mobile Money. The partnership enables NSSF members on the NSSF Voluntary Membership Plan as well as small and medium sized entities to conveniently make payments using MTN Mobile
Read MoreMakerere University Rugby Grounds played host to the 5th Leg of the 2017 Guinness National Rugby Sevens series over the weekend. With the Kobs seeking to seal their title defence, it was to turn out to be a weekend for the Entebbe Mongers. [caption id="attachment_4311" align="aligncenter" width="602"] Action during Heathens
Read MoreThe East African Development Bank (EADB) Friday held two farewell events at the Serena Hotel, Nairobi and Kampala, for winners of this year’s education scholarships under the EADB/AAI STEM scholarship programme. The winners of the prominent scholarship are: Edward Mureka, (Kenya), Barnabas Wafula, (Kenya), Denish Akuom (Kenya), Chris Mbae, (Kenya)
Read MoreKitante Golf Course was the set for an allure of class, excitement as lady golfers from across golfers teed off for this year’s Tusker Malt Uganda Open. Playing host to golfers from Nigeria, Zimbabwe, Kenya, Tanzania, Rwanda, Burundi and Uganda, the course was set for yet another showdown of might
Read MoreAgribusinesses Replace Minerals To Restart African Economic Growth-New Report
The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made
Read MoreLocal and international agricultural exporters in the coffee, tea, cotton & cocoa sectors on Wednesday converged at Sheraton Hotel, Kampala to find solutions to production, market and financial related issues. The breakfast meeting was organized by dfcu Bank. Uganda’s agricultural products constitute 80% of her total exports and while the
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