Fear of competition from foreign entrants caused Nakumatt Supermarket to divert billions of shillings into a rapid expansion in a bid to lock them out of strategic locations, reports the Standard. In an interview with an insider, news of entry of new players caused panic within top management of Nakumatt,
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More than 400 representatives of youth, business, education practitioners and policy-making from 44 countries across the African continent as well as European partners have called for improving job perspectives of the African Youth through employment oriented education and skills development. The call was made at the recently concluded “Africa Talks
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After retiring from civil service, Israel Mudimba Mangeni attempted join elective politics albeit unsuccessfully. He was working at the ministry of finance headquarters in Kampala. He was defeated three times and lost part of his savings in the process. Mudimba had earlier contested to become the Bukooli South Constituency MP
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MTN Uganda Wednesday announced the winners of the MTN Innovation Awards 2017 at a gala dinner on hosted at the Kampala Serena Hotel. Nine innovations were recognized, each walking away with $3,000 and a plaque. The nine winners were selected by a panel of judges from a nominee list of
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Paul Kagame, President of Rwanda and chairman of Smart Africa, and Tony Elumelu, Founder of the $100m Entrepreneurship Programme, will be headlining the Young Entrepreneurship Day (YED) at the Africa 2017 Forum. The YED is a new addition to the Forum and will take place on the eve of Africa
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The woes of troubled Nakumatt deepened on Tuesday with the closure of the supermarket chain’s Nanyuki branch, reports the Daily Nation. The closure was attributed to non-payment of rent. A notice pinned on the entrance of the supermarket indicated that the closure would be temporary. But one a staff who
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Twenty of the most promising African digital start-ups will take part in the XL Africa residency, the flagship initiative of the business accelerator launched last April by the World Bank Group’s infoDev program. From Nov. 6-17 in Cape Town, the entrepreneurs will have the opportunity to learn from their mentors
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By Livingstone Mukasa In 2009, I travelled from Dar-es-Salam to Mbeya in Tanzania by Bus. This is quite a punishing 13 hour bus ride with only 20 minute lunch break in between. The journey takes you through two National Parks with a scintillating view of wildlife. On this occasion, we
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Uganda's President Yoweri Museveni on Monday afternoon presided over the graduation ceremony of beneficiaries of his Girl Child Initiative at Kololo Independence Grounds in the capital, Kampala. It was the first batch of 600 girls under the scheme. [caption id="attachment_5757" align="alignnone" width="960"] Some of the graduates after being confirmed[/caption] They
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African Leadership Academy and Mastercard Foundation are pleased to announce that 22 year old, Ibrahima Ben Aziz Konate from Cote D'Ivoire has been awarded the top prize at the seventh annual Anzisha Prize awards gala. Ibrahima Ben Aziz is the founder of Poultry D'Or, a poultry business that often has
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