The decision by Erick Kigula, a resident of Kitemu village in Wakiso district and a Primary School Teacher by profession to go for greener pastures in Abu Dhabi, United Arab Emirates is beginning to pay off. The future looked murky for him and his young family, a thing that prompted
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The African Innovation Foundation (AIF) Thursday announced its top 10 nominees for its prestigious US$185 000 (Shs702m) Innovation Prize for Africa (IPA) 2018 awards. This year’s Call for Applications with its theme “African innovation: Investing in Inclusive Innovation Ecosystems” attracted more than 3 000 applications from 52 African countries. Building
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Two Ugandan national are part of the 25 applicants shortlisted for the WorldRemit Future Stars football coaching programme. They are Douglas Smith and Faruk Musema from Ibanda and Gulu district respectively. A statement from WorldRemit, says "the Future Stars programme was launched in August to offer local coaches from
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Uganda’s Minister of Energy and Mineral Development, Irene Muloni, will lead a delegation of private and public-sector players from Uganda’s oil and gas sector to the Africa Oil Week 2018 which will be held between 5 – 9 November, 2018 in Cape Town, South Africa. “Uganda is open for business
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The National Agricultural Advisory Services (NAADS) has adopted a new system that will see local/district based suppliers given priority unlike in the past where suppliers would come from far away districts. This is aimed at solving procurement problems the agency has been facing. This was revealed by NAADS Executive Director,
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There is certainly a rising number of successful women doing business in Uganda, all trading at different levels as they defy stereotypes to make it and contribute to Uganda’s economy. Much as most women are successful, many fail too or give up for various reasons. According to research done by
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Tanzanian multi-millionaire tycoon Rostam Aziz is currently in the process of selling off his remaining shares in public-listed Vodacom Tanzania, the country’s largest mobile telecom company. According to a report by Tanzania’s Citizen newspaper, the Tanzanian businessman is selling off his 26.25% stake in the company to Vodacom Group of
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dfcu Bank in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) have launched Season II of the Investment Clubs Challenge dubbed ‘Battle for Cash.’ Battle for Cash is a nationwide campaign targeted at instilling a savings and investment culture in Uganda. In 2017, dfcu Bank held a six-month
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Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time, a move that indicates new Prime Minister Abiy Ahmed is more receptive to outside interests in Africa’s second-most populous nation, Bloomberg reports. Ethiopia will sell minority stakes to foreign and domestic investors in state
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Business people are set to benefit from the inaugural Mkutano investment conference as discussion will focus on how to sustain economic development using the capital markets. David Ofungi, Founder and CEO of DERO, the curators of Economic Mkutano conference due to take place on Tuesday 15, May 2018 in Kampala
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