Are you planning to join the business of exporting items to East African Community countries? This is a perfect guide on the lucrative exportable items that are fetching Uganda billions of shillings. Did you know that beans are Uganda’s leading export to East African Community (EAC) member countries? Well, according
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The end of tax year is quickly approaching, and it’s time for tax returns. Every shilling counts when you are running a small business. Minimising taxes may be the difference between profitable and loss-making business. Hundreds of business owners will turn to their advisers for tips and strategies on how
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Jeff Bezos, founder and chief executive of Amazon, announced on Thursday that he will transfer roughly 4% of the company’s stock to his wife, MacKenzie, most likely by early July, Forbes reports. The couple are in the process of finalizing their divorce. Those shares are worth more than $35 billion
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Morocco's Mohamed el Kettani emerged the 2019 African CEO of the year at the 7th edition of the Africa CEO Forum, which is taking place in Kigali from March 25, 2019. Mohamed el Kettani has invested more than $1 billion on the continent over the past seven year. He is
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A New York-based company is claiming to have obtained a licence to cultivate marijuana on 500 acres of land in Kenya, bringing closer home the current global debate about regulation and control of the narcotic, Business Daily reports. In a notice, GoIP Global Inc, which is listed on the OTC
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A science teacher from rural Kenya, who gives away most of his salary to support poorer pupils, has won a $1m prize (UShs3.7 billion) for the world's best teacher, BBC reports. Peter Tabichi, a member of the Franciscan religious order, won the 2019 Global Teacher Prize. Brother Peter has been
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Picture this: Your friend asks you to guarantee his/her sacco loan. You automatically agree because you know him/her well. Besides, the sacco is known to be flexible with defaulters. Sadly, things don’t go according to plan, life gets tough and your friend defaults. But his/her assets are not enough to
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The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs Friday announced 3,050 African entrepreneurs, drawn from all 54 African countries, selected to join the 5th cycle of its $100million TEF Entrepreneurship Programme. 105 Ugandans have been selected to benefit from this year’s programme. The announcement
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Donald Trump has charged his own reelection campaign $1.3 million (UShs4.8 billion) for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings. And although outsiders have contributed more than $50 million to the campaign, the billionaire president hasn’t handed over
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Kampala City has been selected as the lead among the Twelve (12) African cities in the Africa Smart Towns Network (ASToN). This follows a competitive submission to the call for applications organized by the French Development Agency (AFD) early this year. The other African cities include Algiers (Algeria), Bamako (Mali),
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