Amazon founder and chief executive Jeff Bezos lost his title as the richest man in the world during after-hours trading on Thursday, following a lackluster third-quarter earnings call from his ecommerce behemoth. Amazon shares fell 7% in after-hours trading, knocking Bezos’ fortune down to $103.9 billion. That puts him at
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Former President of the Forum for Democratic Change (FDC), Dr. Kizza Besigye has condemned the arrests and detention of students at Makerere University for protesting against the 15 per cent tuition increment. The increase in fees is being implemented so that all new students enrolling at Makerere University have to
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Uganda Revenue Authority’s preparations for the upcoming African Tax Administration Forum slated to take place from 19-22 November 2019 are in high gear. Speaking with the journalists in a meeting on Thursday at URA board room, ATAF Country Representative, Stella Nyapendi said that the conference which will be hosted by
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By Sadique BamwitaEntebbe The Magistrates attached to Entebbe Chief Magistrate court have tasked members of the Judicial Service Commission (JSC) to provide legal representation for Juvenile offenders currently languishing in remand homes. Led by Grade one Magistrate Joanita Muwanika, the members told JSC on Thursday that when juvenile offenders are
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Uganda's President Yoweri Museveni has urged Russia and other global powers to take advantage of the Africa continental Free Trade Area in their relations with the continent. Museveni made the remarks on Thursday in Sochi, Russia during the Africa - Russia Summit. BELOW IS HIS FULL SPEECH His Excellency Vladimir
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A month ago, the internet was awash with information. Listed Telco Safaricom Plc had appointed a new CEO and a Kenyan at that! Peter Ndegwa’s portrait and resume did the rounds, on WhatsApp, Facebook and Twitter. Some blogs even went to town with the news. As journalists, fact checking has
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Details have emerged of what Uganda's President Yoweri Museveni discussed with his Russian counterpart President Vladimir Putin at the ongoing Russia - Africa summit. Museveni is part of the African leaders attending the inaugural summit as Putin seeks to expand his influence on the continent and seek new friends. Talks
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The second of three forms of the polio virus has been eradicated, experts have announced. There are three types of the wild polio virus, which, while scientifically different, cause the same symptoms, including paralysis or even death. The world was declared free of type 2 four years ago - and
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After restoring Russia as a key power in the Middle East, President Vladimir Putin is turning his attention to Africa to raise Moscow’s profile in the struggle for geopolitical influence. Putin hosts leaders from more than 50 African states on Wednesday in Russia’s first conference with the continent, underlining a
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Police in Uganda say 16 people will be charged with having "unnatural sex", a reference to same-sex relations. Police spokesman Fred Enanga said medical examinations proved that the 16 had been having "unnatural sex". The 16 were arrested on Monday in a suburb neighbouring the capital, Kampala. Their detention comes
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