The sixth edition of the coveted Innovation Prize for Africa (IPA) culminate on Monday with a bang as the African Innovation Foundation (AIF) awarded three more African innovators for their incredible innovations. The awards ceremony took place in Accra, Ghana. Out of the total of over 2500 applications, 10 nominees
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Centenary Bank and MasterCard on Wednesday announced that their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners on Wednesday further strengthened their
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Scores of complainants and suspects are stranded in courts across the country as State Prosecutors laid down their tools over low pay and poor working conditions. Currently the lowest ranking State Prosecutor earns a gross salary of 645,000 Shillings while those at the rank of Senior Principal State Attorney earn
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Uganda Communications Commission (UCC), the regulator of Uganda’s telecoms sector has asked MTN Uganda to explain its recent changes in pricing. This is after a number of MTN subscribers petitioned the regulator over what they termed as unclear and exorbitant changes. In a letter dated Jul7, 2017, UCC Executive Director,
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Uganda Investment Authority (UIA) says it will have created over one million jobs in the next 5 years as local and foreign investors continue to embrace Uganda as a top investment destination. Addressing the press on Tuesday at UIA offices in Kampala about her 100 days in office, Jolly K.
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Snakes are some of the most feared creatures on earth. Biblically, a snake is an enemy to man so-much that it should be condemned to death once humans encounter it. However, Yasin Kazibwe commonly known as Mr. Cobra is a rare human being- for he has mastered the art of
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It’s been eight years since MTN launched MTN Mobile Money the life changing financial service. Having started small in 2009 as a means to remit funds, buy airtime or bundles, the financial platform has since evolved to bill payment, saving & borrowing, donations, depositing/withdrawing from the bank as well as
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Uganda National Bureau of Standards (UNBS) has revealed a list of fake electrical products flooding the Ugandan market. In a statement issued on June3, 2017, the standards agency warns the public against buying the said electrical and electronic products. “Uganda National Bureau of Standards will continue to seize these products
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Middle East Consultants Ltd (MECL), the leading labour exporting agency licensed by the Government of Uganda has flagged off 80 Ugandan youths for jobs in the Gulf States of Qatar and United Arab Emirates (Abu Dhabi and Dubai Cities). Briefing the excited youths before flying out of the country on
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Many start-ups fail to grow due to limited capital. And many that seek to expand using bank loans don’t qualify because they lack security. However, in developed countries, small private businesses have expanded using equity funding and venture capital. Equity financing is the process of raising capital through the sale
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