dfcu Bank in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) have launched Season II of the Investment Clubs Challenge dubbed ‘Battle for Cash.’ Battle for Cash is a nationwide campaign targeted at instilling a savings and investment culture in Uganda. In 2017, dfcu Bank held a six-month
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After their opening-match defeat to Mexico, Germany are on the verge of making unwanted history. Saturday's 2-1 win over Sweden means they will likely avoid failing to qualify from the World Cup group stages for the first time ever - assuming they beat South Korea this afternoon - but they
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By Aloysious Kasoma Orient Bank Uganda has marked 25 years of banking business under the guardianship of a successful family. The bank which has since hit 23 branches and 25 ATMs across the country held its celebrations at Serena Hotel on the Tuesday. Speaking during the event, the founder and
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Poultry farming is one of the most lucrative businesses in Uganda and the world at large. The increasing demand for chicken (call it chicken meat) and eggs resulting from the growing population and townships across the country provides an opportunity for new and existing farmers to cash in on this
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Traders trucked in 3.28 million bags of cheaper maize from Uganda in five months through May, fresh official statistics indicate, helping price out maize farmers from Kenya’s food basket regions, reports the Daily Nation. Data released by the Kenya Revenue Authority (KRA) shows 295,200 metric tonnes of staple maize was
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A Ugandan inventor has won a major prize for a device which tests for malaria without drawing blood. Brian Gitta, 24, won the Royal Academy of Engineering's Africa Prize for a device that detects tell-tale signs of malaria by shining a red beam of light on the patient's finger. The
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By Aloysious Kasoma Over 10,000 Ugandan business leaders from 400 organizations are set to receive business and leadership skills from the global renowned John Maxwell coaches. The coaches are expected to jet into the country before the end of June and will conduct a week-long training dubbed ‘TRAiN’. The training
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Kenya based Nakumatt has agreed to surrender four branches in leased properties to concentrate on strategies that can enable it stay in business and stand growing competition in Kenya's retail market, the Standard reports. Nakumatt currently facing financial problems has been in court fighting eviction from some of its
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Increasing consumption of meat and meat products among households has created more demand for standards and quality products in the meat value chain. Speaking at the National Stakeholders Meeting for players in the meat value chain, as part of the celebrations to mark the World Food Safety Day, the Uganda
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Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time, a move that indicates new Prime Minister Abiy Ahmed is more receptive to outside interests in Africa’s second-most populous nation, Bloomberg reports. Ethiopia will sell minority stakes to foreign and domestic investors in state
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