Kenyan multi-millionaire Chris Kirubi has reportedly acquired a 51% stake in fast moving consumer goods manufacturer Haco Tiger Brands East Africa from Tiger Brands of South Africa, Forbes reports. The acquisition means that Kirubi, 77, has taken back full control of the company after selling the 51% stake in the
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Do you have a small piece of land and want to put it to better use? Do you want to earn from farming throughout the year? Green house farming is the answer. A greenhouse is a structure with walls and roof made essentially of transparent material, such as glass, in
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The future of regional retailer Uchumi Supermarkets hangs in balance, with efforts to get an investor to save it delaying to yield results. Uchumi quit Uganda in 2015 after accumulated unprecedented levels of debts. The latest from Kenya is that Uchumi Supermarkets will on Sunday close its prime Sarit Centre
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Uganda’s health sector is in the news more often than not, for the wrong reasons. It cannot be overstated that as a country, we ought to do better. While it is the norm to cry foul to the government, a good health sector is a concerted effort by not just
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Millions more people in Africa now have access to financial systems thanks to cashless systems using digital technology, and more people are seeing the benefits of mobile banking, according to Ecobank, the leading independent pan-African banking group. Ecobank is the main sponsor at the Africa Tech summit currently taking place
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A football franchise generates money from a number of avenues but most funds are raised from sponsorships. On top of that, football teams make money from TV sponsorships, sale of merchandise like club t-shirts or scarves, partnerships, gate collections and donations. In Uganda, the economic potential has not fully been
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Tanzania has burned 5,000 chicks that were illegally imported from Kenya into the country, the Kenyan newspaper Daily Nation reports. The one-day-old chicks were brought into the country through the northern Namanaga border. An official in the ministry of livestock, Maria Mashingo, told the Daily Nation that the chicks were
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The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde has revealed that smuggling of tax free sugar into Uganda is killing the sector. The minister made the remarks on Tuesday in her presentation to Parliament on the importation of one million tons of duty free sugar from Kenya. “Smuggling of
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Many successful entrepreneurs constantly carry out research about business they are involved in as well as other investment opportunities. It is this passion that saw a youthful Kenyan travel to Uganda to learn more about the mandazi business. KDF, the mandazi and not the Kenya Defence Forces, is one of
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The Minister of Finance, Planning and Economic Development, Matia Kasaija has joined the ‘mushrooming’ radio business in Uganda. Karuguuza Development Radio (KDR) is airing on frequency 100.3fm. It went on air last month. There are unconfirmed reports that he owns it with two other businessmen. Appearing on the station for
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