Even the most tech savvy among us have a hard time wrapping their heads around Bitcoin. It's a hot topic and a frequent point of discussion among investors, entrepreneurs and stock traders, so you should want to know all about it. For starters, here's an overly simplified explanation of Bitcoin:
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Not everyone is meant to be an entrepreneur. But for those who are, trying while you’re young is ideal. Your opportunity cost is lowest! Many people I know say, “Well, I’ll work two years in banking or consulting and then look at entrepreneurship.” The reality is, soon they’re getting married
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Ethiopian Airlines is in talks to take over management of Nigeria's troubled Arik Air. Nigeria’s government took over Arik Air early this year after it declared heavy losses. Ethiopian Airlines’ head for international services, Esayas Woldemariam, told the Associated Press news agency that the negotiations follow a request by Nigeria’s
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The market for mushrooms is yet to be fully exploited in Uganda. A few farmers who have mastered the art of growing the nutritious delicacy are making a killing from it. Laura Kahuga, a civil servant working with the Ministry of Finance as a Foreign Service Officer is one of
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By Godfrey Kenneth Gobba If you have failed miserably at something every time you’ve tried it, then perhaps you ought to try trading forex. The business of forex trading is one of those rare endeavors where doing less is ironically one of the main keys to success. Here are what
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Somalia, a failed state in East Africa, has an extremely hostile political and business environment. But its people, the Somalis, are some of the most entrepreneurial people in Africa. Meet five low-key, ultra-wealthy Somali entrepreneurs who founded, own and run businesses with proven annual revenues of eight figures or more
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By Peter Abaanabasazi Bank of Uganda in partnership with Profam For Financial Inclusion in Rural Areas (PROFiRA) has trained over 172 trainers in financial literacy to promote financial inclusion in the country. PROFiRA is a project under Ministry of Finance, Planning and Economic Development. The trainees who included Community Development
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On Saturday night, Conor McGregor lost to Floyd Mayweather but shocked the world by going 10 rounds with “The Best Ever” before the referee ended the fight. If all you saw was McGregor’s post-fight press conference to the mainstream media you would have seen someone who made no excuses, kept
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By Godfrey Kenneth Gobba For most of us, the safety of our money is paramount. Thus efforts to secure our money should be focused on achieving both the safety of our principal and the safety of our purchasing power. However, majority of us tend to focus primarily on the safety
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One of the biggest challenges facing musicians is generating income. Gone are the days when a band could rely solely on music sales and touring to earn a living. Part of the reality of being a working musician today is the need to diversify your revenue streams. Although sales of
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