The State Minister for Transport, Hon. Joy Kabatsi on Wednesday evening launched a financial literacy project that is based in Lwemiyaga, Sembabule District. The project, CHOMI Foundation, was officially launched by Kabatsi at a ceremony held at the Kampala Serena Hotel in an evening that included dinner and cocktails as
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Directors of the collapsed Nakumatt Supermarkets that sank with billions of shillings in suppliers’ money are on the run, with Interpol in pursuit, after it emerged that the retailer siphoned out the cash. Kenya’s Interior Cabinet Secretary Fred Matiang’i last week said that authorities have information that the firm wired
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Speaker of Parliament, Rebecca Kadaga has appealed to women equipped with various vocational skills to form complimentary business partnerships. Kadaga said that women with different skills in hairdressing, decorating, catering and tailoring can come together to form businesses that offer events services so that they can grow faster and bigger.
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Plumbing in Uganda is on the rise due to increasing construction demands by individuals, organizations and government civil works. Although not well documented, plumbing forms an integral part of the construction business contributing 13% to GDP according to National Bureau of Statistics FY2010/11. According to Lawrence Mwesigye a plumber and
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Beekeeping has gained prominence in the last few years and continues to be among the top trending agribusinesses that are becoming more profitable. While Honey is obviously the main source of beekeepers’ income, there is a lot more revenue to be earned from beekeeping. Sandra Ajang (pictured above) dfcu Bank’s
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AZA, Africa’s biggest non-bank currency broker, has rolled out its recently upgraded payment platform BFX to Uganda. BFX is a B2B payment platform that leverages AZA’s hybrid infrastructure and empowers companies to use African currencies with less risk, cost and friction than ever before. The launch comes within three months
Read MoreEcobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge. The Fintech Challenge gives African start-ups the opportunity to promote their fintech solutions, and potentially partner with Ecobank to roll-out their solutions across Ecobank’s 33 markets in Africa as
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Many small -scale farmers especially women have for so long not felt the impact of the East African Community (EAC) integration that brings together six countries on their livelihood. The problem has been blamed on the poor information flow related to availability markets for agricultural produce and the economic opportunities
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President Yoweri Museveni has called on African- American investors to take interest in Uganda’s blossoming real estate sector especially in areas around industrial parks spread across the country. This, he says, will on the housing deficit the East Africa country faces. Museveni made the remarks while meeting a delegation of
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Today, the Anzisha Prize–Africa’s premier award and fellowship for Africa’s youngest entrepreneurs (AnzishaPrize.org) – is excited to announce that the 2020 call for applications is now open. Every year, the prize celebrates 20 African entrepreneurs, aged 22 years and younger, each of whom have a chance to win a shared
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