Kenya based Jambojet is set to start flights to Uganda and Tanzania by February next year, kicking off its regional expansion plan designed to see the low-cost carrier fly to 16 new routes. The Daily Nation reports that Kenya’s Transport ministry said it had applied for permission for the budget
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President Yoweri Museveni has said Uganda has enough power (electricity), transport routes and opportunities to enable foreign investors thrive in Uganda. Museveni made the remarks on Thursday during a meeting with a delegation of oil and gas investors from the United Kingdom who called on him at State House, Entebbe.
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Africa’s largest cement Company, Dangote Cement Plc Wednesday added fillip to the on-going efforts at economic emancipation of Africa when it formally opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville, amid ecstasy by the government and the indigenes of the Country. The new plant estimated at $300 million
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The nine winners of the MTN Innovation Awards 2017 have Thursday been given their cash prizes from MTN Uganda. The nine winners picked their cash prizes totaling $27,000 (Shs97.2) during a handover ceremony and interaction with the MTN Uganda Chief Marketing Officer, Olivier Prentout. The nine came top at the
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Many Ugandans are excited about the oil money that is expected when oil starts flowing come 2020. However, many will not physically touch the oil money that many believe will transform Uganda economically. According to experts, US$15bn (Shs54.7 trillion)-US$20bn (Shs73 trillion) is expected to be invested in Uganda’s oil and
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The U.S. African Development Foundation invites proposals for grant financing and local support, from African enterprises, cooperatives, and producer groups with innovative solutions that extend their own capabilities to increase revenues, create jobs, improve farmer incomes, and achieve sustainable market-based growth. Maximum award US $250,000. Proposals will only be accepted
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The Forbes recently published a list of 30 under 30 celebrities turning fame into a force for change. Madina Nalwanga, 17 year old Ugandan made it to the list of these stars set to who a great future in 2018. But who is she? Born in Kampala, Uganda, Nalwanga was
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WorldRemit has become the first Official Online Money Transfer Partner of the Premier League club, Arsenal. The leading digital money transfer business, formed by a UK-based entrepreneur from Somaliland, has joined forces with Arsenal to accelerate the company’s growth and help more people save money on international transfers. The global
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The 2017 version of Ecobank Group Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched today at AfricaFICC. Indicating a positive outlook for the continent, three key trends are forecast to take hold during the next
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By Livingstone Mukasa When it comes to issues of business and finance, I consider myself above average. Actually my friends, students and mentees coined a moniker “The People’s Professor” for me for sharing candidly about matters related to money and finance. But I have to admit that I have struggled
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