Amazon founder and CEO Jeff Bezos sold over 530,000 Amazon shares in the first two days of August for $990 million (UShs3.6 trillion). After taxes, he will net an estimated $750 million (UShs2.76 trillion) in cash from the sales. The sales on August 1 and 2 followed $1.4 billion (after-tax)
Read More
On Tuesday fans of one of Tanzania's oldest clubs will gather at the National Stadium in Dar es Salaam to celebrate "Simba Day". It is the culmination of "Simba Week" and features a friendly for the senior team against Zambia's Power Dynamos as well games for the under-20 and women's
Read More
He's worked on Windows Mobile for Microsoft. He was cofounder of a company that sold to Russia's Google, Yandex, in a reported $38 million deal that made him wealthy. But Yaroslav Goncharov's biggest success (and stress) has come with a company that's miniscule by comparison: FaceApp. Leading a staff of
Read More
If you are a frequent user of taxi-hailing apps in Nairobi, Mr Samuel Gachini, who is almost completing his doctorate, is arguably the most educated driver you will ever meet. Mr Gachini (in featured photo), who is pursuing a PhD in business administration, is among the growing list of young
Read More
A jack of all trades. entrepreneur. Crazy business adventurer. Daring businessman. Never-say-never opportunist. These are some of the words that have been used to describe one man in the past. But yesterday, he officially launched a project that made him put pen to paper describing his journey so far. Trained
Read More
Uganda Revenue Authority (URA)’s Commissioner for Customs Dicksons Kateshumbwa (in featured photo) has today been elected as the Chairperson of the World Customs Organization (WCO) Council after defeating his Russian counterpart Ruslan Davydov during the annual WCO Council session that ended today at the WCO headquarters in Brussels, Belgium. Kateshumbwa
Read More
Ruparelia Group of Companies has officially launched in Speke Apartments located in Kitante, a Kampala suburb. Speaking at the opening event yesterday evening, Rajiv Ruparelia the Managing Director of Crane Management Services said that the rooms are fully serviced, noting that any client will just come with personal stuff and
Read More
31-year-old Melanie Perkins has been launching creative businesses since she was a teenager. Her first venture, designing and selling handmade scarves to sell in her hometown of Perth, Australia, was launched when she was just 14. At the age of 22, Perkins founded her next company, an online system for
Read More
On June 5th 2019, Nakasero Hospital celebrated its 10th Year Anniversary at the Serena Hotel in Kampala. The colorful event attracted the health industry’s key players including Ruhakana Rugunda, the Prime Minister and Jane Ruth Aceng, the Minister of Health. Nakasero Hospital organized this celebration to give back and show
Read More
Morocco's Mohamed el Kettani emerged the 2019 African CEO of the year at the 7th edition of the Africa CEO Forum, which is taking place in Kigali from March 25, 2019. Mohamed el Kettani has invested more than $1 billion on the continent over the past seven year. He is
Read More
