East Africa continues to have only one billionaire, according to Forbes 2019 list of billionaires. The region is represented by Mohammed Dewji, 43, who is the 14th richest African with a net worth of US$1.9bn. Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the
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Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but
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It’s a public secret that Uganda is one of the most enterprising countries globally. In 2015, the Global Entrepreneurship Monitor (GEM) ranked Uganda the world’s most entrepreneurial country. According to GEM, 28% of adults own or co-own a new business. This is quite understandable; with over 400,000 young people entering
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By John Boitnott/ Entrepreneur The process of planning, launching and running your own business is a heady time, full of long hours and exciting challenges. Pure adrenaline, excitement and sometimes lots of caffeine propel new entrepreneurs through hazy days that often run into one another. Some days, it feels
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All products covered by compulsory standards must be certified by the Uganda National Bureau of Standards (UNBS) and issued with its Distinctive Mark before they are allowed on the market, following the coming into force of the Use of Distinctive Mark Regulation, 2018 on 1st January 2019. Some of the
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Pan African Tobacco Group (PTG), Africa’s largest indigenous producer of cigarettes and other Tobacco products, reached a milestone recently by celebrating its 40th anniversary. Rwandan multi-millionaire businessman Tribert Rujugiro Ayabatwa (in featured photo) founded the company in 1978 when he began manufacturing cigarettes in Burundi in 1978 after a successful
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By Ayodeji Onibalusi/ Entrepreneur As we say goodbye to 2018, it’s time to survey our year’s accomplishments. If you are like many of us, you started the year with an unshakable commitment to your new year’s resolutions and ways to crush them. But looking back at the past year, you’re
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Dairy farming is a profitable venture in Uganda. In fact, some areas don’t have a enough supply of milk. Are you pondering getting into dairy farming business? These tips come in handy. When buying a cow you need to be careful not to buy a good looking cow but low
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A number of high-profile Chief Executive Officers (CEOs) and managers from top companies in Uganda called it quits in 2018. Some were forced out and some exited having guided their companies to relatively safe harbor. Business Focus doesn’t claim to have listed everyone who traded in their seat at the
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Professional athletes train hard and closely monitor what they put into their body. They have a team and even hire professionals on the side to help them reach peak state within their body and in their mind. They know this is how they’ll become the 1 percent of their profession. They’re always looking
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