Amazon founder and CEO Jeff Bezos sold over 530,000 Amazon shares in the first two days of August for $990 million (UShs3.6 trillion). After taxes, he will net an estimated $750 million (UShs2.76 trillion) in cash from the sales. The sales on August 1 and 2 followed $1.4 billion (after-tax)
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On Tuesday fans of one of Tanzania's oldest clubs will gather at the National Stadium in Dar es Salaam to celebrate "Simba Day". It is the culmination of "Simba Week" and features a friendly for the senior team against Zambia's Power Dynamos as well games for the under-20 and women's
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One of the most popular agribusinesses in Uganda is fish farming. Gone are the days when the only means of getting fish was by catching it from local Lakes, Rivers and swamps through trial and error. Today, the modern farm practice has made it possible to grow fish in the
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At the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and youth empowerment were the key themes tackled at the Forum. The Tony Elumelu Foundation,
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Concerned government institutions have come together to enforce legal obligations and standards in the film industry, giving those involved two months to clean up their act or face the music. At a joint sensitization workshop held at Uganda Communications Commission (UCC) offices on 01 August 2019, the Media Council, Uganda
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Barclays Bank Uganda, a subsidiary of Absa Group has announced the launch of the Absa Small and Medium Enterprises (SMEs) Academy with the promise of helping blossoming entrepreneurs grow sustainably. The pioneering programme is based on providing capacity building, training and professional support to new and existing SMEs in Uganda.
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The Consulate of the Republic of Uganda in Mombasa in collaboration with the High Commission of the Republic of Uganda in Nairobi will hold the 3rd Trade and Business Facilitation Symposium in Mombasa. Speaking on behalf of the Ministry of Foreign Affairs, Amb. Alfred Nnam, informed the Members of the
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At the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and youth empowermentwere the key themes tackled at the Forum. The Tony Elumelu Foundation, which
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Uganda’s Prime Minister, Rt. Hon. Dr. Ruhakana Rugunda on Saturday spoke at this year’s Tony Elumelu Entrepreneurship Foundation (TEF) forum in Nigeria’s capital, Abuja. Rugunda who represented the government of Uganda praised TEF for addressing the mind-set of emerging African entrepreneurs. “This program is promoting Pan Africanism. It will help
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He's worked on Windows Mobile for Microsoft. He was cofounder of a company that sold to Russia's Google, Yandex, in a reported $38 million deal that made him wealthy. But Yaroslav Goncharov's biggest success (and stress) has come with a company that's miniscule by comparison: FaceApp. Leading a staff of
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