Fraudulent suppliers colluded with Uchumi employees to fleece the retailer through fictitious claims that contributed to its collapse, the supermarket chain has told the High Court. Court papers filed in Uchumi’s fight with one of its suppliers have revealed how the fraud was propagated by the retailer’s employees, suppliers and
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In 2007, dfcu, one of Uganda’s largest banks by assets launched the Women in Business programme. The programme has since grown to touch the lives of thousands of women entrepreneurs in various fields. In an exclusive interview with Business Focus, Victoria Byenkya (in featured photo), the Manager for the programme
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If you are a frequent user of taxi-hailing apps in Nairobi, Mr Samuel Gachini, who is almost completing his doctorate, is arguably the most educated driver you will ever meet. Mr Gachini (in featured photo), who is pursuing a PhD in business administration, is among the growing list of young
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The Minister of Finance, Planning and Economic Development, Matia Kasaija has heaped praises on Uganda’s flowers, describing them as the best in the world. “Our flowers are the best (in the world),” Kasaija said, adding that he was surprised at a recent flower expo in China that it’s Ugandan flowers
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A jack of all trades. entrepreneur. Crazy business adventurer. Daring businessman. Never-say-never opportunist. These are some of the words that have been used to describe one man in the past. But yesterday, he officially launched a project that made him put pen to paper describing his journey so far. Trained
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A new dawn for patients and health facilities struggling to find medicine has come. Julius Sseninde, 22, who is set to graduate with a Diploma in Pharmacy from Uganda Institute of Allied Health & Management Sciences -Mulago next year, has developed an app called E Pine Pharmacy, a new pharmaceutical
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dfcu Bank in partnership with Monitor Publications Limited’s (MPL) flagship brand Monitor and Uganda Investment Authority (UIA) have kicked off countrywide business skilling mentorship workshops under the ‘Rising Woman’ initiative. The initiative was launched in 2018 under the theme ‘Taking your business ahead’ and is meant to recognize, celebrate and
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The 1st Uganda-Tanzania business forum scheduled to take place on the 4th to 5th September 2019, in Dar-es-salaam has mounted high expectations as it will focus on the bilateral trade and investment opportunities between the two East African countries. The forum which will take place at Julius Nyerere International Convention
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The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 years towards the achievement of the
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A Chinese electronics firm, ENGO Holdings Limited, has joined Uganda's industrial sector to domestically manufacture and assemble mobile phones, iPads and laptop computers. The firm is setting up its plant in Namanve, Uganda's flagship industrial park. The construction works expected to last six months commenced this morning with a
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