KCB Bank Uganda has trained potential banking agents in preparation for the roll out of agency banking services to Ugandans. According to Michael Ssekyondwa, the KCB Agency and Digital Finance Manager, the bank is expecting to officially start agency banking services early next year. “We have taken a lot of
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Firms and individuals who own idle land risk losing the properties upon the expiry of their lease terms, reports the Daily Nation. This follows the publication of new regulations that seek to tighten the noose on speculators who drive up prices. The Land (Extension and Renewal of Leases) Rules 2017
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Two Ugandans are among the 40 finalists from 19 countries set to win top Africa Entrepreneurship Award. This is after BMCE Bank of Africa announced the launch of the final phase of the 3rd African Entrepreneurship Awards. Devised and developed by the Group, the initiative provides support for African entrepreneurs,
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By Nikki Summers The summer holidays are fast approaching and businesses in Kenya and the world at large are either gearing up for their busiest time of year, or their quietest, depending on their location and industry. No matter which camp you fall into, there are a few things you
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The Business council for International Understanding (BCIU), a non-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, has presented the prestigious Dwight D. Eisenhower Global Entrepreneurship Award to both Tony O. Elumelu and Bill Marriott, Chairman, Marriott International Inc. The
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Meshack Kipturgo is the Group Managing Director of Siginon Group, East Africa’s largest integrated logistics services provider. Siginon Group, which was founded in 1985, is a 100% Kenyan entity which began as a small clearing and forwarding company and has since morphed into a $100 million (UShs362.7bn) (annual revenues) regional
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African Centre for Media Excellence (ACME) condemns the high-handed manner in which the state has treated the directors and editors of Red Pepper, who have been in detention for two weeks. In a press statement issued on Thursday, ACME says the continued shutdown of Red Pepper and its affiliate titles
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Aliko Dangote was honored at the Bloomberg 50 annual gala dinner held at New York's iconic Gotham Hall on Monday night. Bloomberg's list of 50 most influential names who have had an impact on the world in 2017 included Dangote, Africa's richest person, for his outstanding commitment of over $4B
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The President of the African Development Bank Group (AfDB), Akinwumi Adesina, recently launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA). The Jobs for Youth in Africa initiative
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Kenyan multi-millionaire businessman Narendra Raval, popularly referred to as ‘Guru’, has pledged to donate at least half of his fortune to charity. In a conversation Forbes on Wednesday in his offices in Ruiru, Nairobi, Raval, 55, promised to donate half of his net worth to causes in education and health,
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