Rwanda’s Mara Group launched two smartphones on Monday, describing them as the first “Made in Africa” models and giving a boost to the country’s ambitions to become a regional technology hub. The Mara X and Mara Z will use Google’s Android operating system and cost 175,750 Rwandan francs ($190) and
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Agilis Partners (Agilis), a Uganda-based food and agriculture enterprise, is a winner of the 2019 United States Secretary of State’s Award for Corporate Excellence in Sustainable Operations (ACE), the State Department announced today. ACE recognizes American-owned companies that lead in spurring the sustainable development of the local communities in which
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The Minister of General Duties-Office of the Prime Minister, Mary Busingye Karooro Okurut has attributed Uganda’s development to President Yoweri Museveni and his wife, Janet’s love for God, revealing that the couple’s strong relationship with God is what has sustained their stay in power. Karooro made the remarks today while
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An investigation into the alleged breach of minimum broadcasting standards by 13 broadcasters has found a number of them culpable and recommended a range of actions, including asking them to show cause why Uganda Communications Commission shouldn’t revoke their licenses. NTV, NBS, BBS, Bukedde TV and Radio Sapientia must all
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By AFP HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation of its chief executive and the cutting of 4,000 posts citing a weak global outlook. The latest losses, mostly in high-paid roles, are part of a fresh cost-cutting
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Panic has gripped residents of Musanze district in northern Rwanda after assailants killed 14 people last week. “The situation is terrible, we are very afraid that they might come back and kill those who escaped, we do not sleep anymore”, Isaac Niyonshuti, a trader in Kabazungu area, told the BBC.
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Phiona Bridget Kyeru, 22, an Accountant from Busoga region has been crowned new Miss Tourism Uganda 2019/20, beating 24 contestants at the Grand finale held at Serena Hotel, Kampala on Friday, October 4. Premah Prossy Agwang emerged first runners-up while Jean Coprise Akullo emerged 2nd runners-up. Kyeru also walked away
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Ugandan siblings Esther and Ezekiel Mutesasira (pictured) have been crowned the winners of the first edition of East Africa's Got Talent in a contest that drew participation from four regional countries. The singing duo won a cash prize of $50,000 (UShs184m) in the Sunday night finale that had six contestants.
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The Bank of Uganda (BoU) has revealed the biggest challenge the Central Bank faces today. “The biggest challenge for Bank of Uganda (BoU) is how to accumulate foreign exchange reserves to service external debt. The forex reserves have to be purchased from the domestic market, without causing sharp exchange rate
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The World Bank has called for more transparency from African countries when it comes to managing their external debt. In a new report released last week, the World Bank says that “for both borrowers and creditors to safeguard debt sustainability, and for governments to design effective macroeconomic policies, debt transparency
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