There are many agribusiness enterprises you can embark on to become a millionaire. Goat farming is one of them. Grace Bwogi, 38, is one of the successful goat farmers in the country promoting the business of goat farming in Uganda in order to beat the demand which is currently outstripping
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The Uganda Shilling carried losses early in the week as demand soured breaching a technical level during the week ending 12th January 2018. Trading was in the range of 3660/3670. The sustained weakening triggered the Central Bank intervention on the sell side, an action that calmed the markets and restored stability.
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There is no evidence of any selection criteria guiding the decision to offer tax exemptions to some investors and denying others within the same investment sector, Auditor General’s report for 2017 has revealed. “…it was noted that there was no properly documented policy indicating the procedures for applying and guidance
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A government of Uganda owned enterprise has been exposed after it declared dividends after recording losses. Uganda Property Holdings Limited (UPHL) is the company in question. According to Auditor General’s report for 2017, Uganda Property Holdings Limited made a loss of Shs2.9bn in 2016/17, but shockingly declared dividends of Shs200m.
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A fresh report has exposed the rot at the multi-billion Karuma and Isimba Hydro Power Projects. According to Auditor General’s Report for 2017 obtained by Business Focus, a review of the progress reports for the Karuma Dam revealed a number of anomalies, including; failures in the quality assurance/quality control procedures,
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There are close to 40,000 vacant jobs in various government entities, with many unfilled posts in Uganda Police, reveals Auditor General’s Report for 2017 . The report obtained by Business Focus indicates that a review of the approved staffing structures of seven government entities revealed a total of 38,572 vacant
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The Uganda National Meteorological Authority (UNMA) has revealed why most parts of Uganda are experiencing cold and hazy conditions. In a statement dated 4th January, 2018, UNMA Executive Director, Dr.Festus Luboyera says that the conditions have been caused by the winds blowing from the Northern Hemisphere which is experiencing winter
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The Uganda Shilling started off the year on a weaker tone, undermined by strong demand from the energy and manufacturing sector. The shilling traded in the range of 3640/3650. In the fixed income market, Shs140 billion was on offer. Yields came out at 8.307%, 8.217% and 8.978% for 91, 182
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Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa. To apply, complete the online application at www.application.tonyelumelufoundation.org. The deadline is midnight (WAT) on 1 March 2018. The Programme provides critical tools for business success, including: Training: 12 weeks of intensive online training
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Chief Executive Officers (CEOs) and Managing Directors of companies make top decisions of the institutions they lead in consultation with Board of Directors. They are in charge of the day to day running of these institutions. They steer the growth of these institutions. In no particular order, Business Focus brings
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