Jeff Bezos is now the richest person of all time. That should put an Amazon smile on his face. The Amazon CEO's net worth reached $105.1 billion Monday, according to Bloomberg's billionaire tracker. That eclipses the record previously held by Microsoft founder Bill Gates. Forbes, the other major tracker of
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South Africa’s ruling African National Congress (ANC) Monday selected Cyril Ramaphosa to succeed President Jacob Zuma as the party’s leader. The country’s deputy president defeated former cabinet minister Nkosazana Dlamini-Zuma, Zuma’s ex-wife, after a marathon voting process. Ramaphosa is in a strong position to become president in 2019 polls. Ramaphosa
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Seven teachers from five African countries have been included in the top 50 shortlist for the Varkey Foundation’s Global Teacher Prize 2018. Now in its fourth year, the US$1 million (Shs3.6bn) award is the largest prize of its kind. Catherine Nakabugo from Uganda, Ayodele Odeogbola and Itodo Anthony from Nigeria,
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A Ugandan innovator has won a top Africa innovation award, walking away with US$50,000 (Shs180.49m). Geoffrey Ssekatawa, the founder of Brent Technologies, a lubricant collection and recycling company was 12 winners of the African Entrepreneurship Award 2017 supported by AfriBMCE Bank of Africa. In its 3rd edition, African Entrepreneurship Award
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Two Ugandans are among the 40 finalists from 19 countries set to win top Africa Entrepreneurship Award. This is after BMCE Bank of Africa announced the launch of the final phase of the 3rd African Entrepreneurship Awards. Devised and developed by the Group, the initiative provides support for African entrepreneurs,
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Meshack Kipturgo is the Group Managing Director of Siginon Group, East Africa’s largest integrated logistics services provider. Siginon Group, which was founded in 1985, is a 100% Kenyan entity which began as a small clearing and forwarding company and has since morphed into a $100 million (UShs362.7bn) (annual revenues) regional
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Kenyan multi-millionaire businessman Narendra Raval, popularly referred to as ‘Guru’, has pledged to donate at least half of his fortune to charity. In a conversation Forbes on Wednesday in his offices in Ruiru, Nairobi, Raval, 55, promised to donate half of his net worth to causes in education and health,
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Ecobank, the leading pan-African banking group, has won "Bank of the Year" awards in five of its countries of operation, reports All Africa. Ecobank scored the five-trophy hall at The Banker awards, which were held on 29th November at the Hilton London Bankside, with Cameroon, Guinea Conakry, Gambia, Togo and
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Ethiopian Airlines Group hit another major milestone after British flight auditing company Skytrax feted it with a 4-Star ranking in London on November 8. The airline company received the certification, which the Chief Executive Officer Tewolde GebreMariam attributed to their surge in delivering quality services to their clients over the
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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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