Two Fortebet clients over the weekend became millionaires instantly after winning a combined Shs490m. Willy Bizimungu (in featured photo), a builder residing in Kajjansi won Shs210 million after staking only Shs10, 000, while another client, a resident of Kisenyi in Kampala won Shs280 million with a stake of only Shs1,000.
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MTN Group Ltd. is facing pressure to list its unit in Uganda as Africa’s largest mobile-phone company seeks to renew a license in the country, reports Bloomberg. While selling shares on the local bourse isn’t a pre-condition for the granting of a new 10-year contract, the East African nation wants
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By Reuters Facebook is rolling out its Watch video service globally one year after it launched in the United States with original entertainment news and sports content to compete with platforms like Alphabet Inc’s YouTube. Facebook’s Head of Video Fidji Simo said Watch was gaining real momentum in a crowded
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Kenya Airways (KQ) narrowed its net losses by 28.8 per cent to KSh4 billion (UShs149.7bn) in the half year ended June on the back of cost-cutting measures and revenue growth, the Daily Nation reports. KQ, as the airline is known by its international code, made a net loss of KSh5.6
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Kenyan President Uhuru Kenyatta has tried to prove his corruption busting credentials by insisting that the current anti-graft drive could include members of his family. "We have begun to tackle corruption regardless of who you are... even if you're my own family member," Mr Kenyatta told the BBC's HardTalk programme.
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Kassiano Ezati Wadri has revealed how it’s painful to be outside Forum For Democratic Change (FDC), a party where he is a founder member. He made the remarks today afternoon after taking oath as Arua Municipality Member of Parliament in Deputy Speaker Jacob Oulanyah's board room at Parliament. “I am
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Former Works and Transport Minister Abraham Byandala has been acquitted of all charges that cost the country a sum of 24.7 billion Shillings in the infamous Mukono-Katosi Road scam. Byandala was facing 16 counts of abuse of office, disobedience of lawful orders, influence peddling, causing financial loss, corruption, theft, obtaining
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South Sudan rebel leader Riek Machar and other opposition party leaders have refused to sign the latest draft of a Revitalized Agreement on the Resolution of Conflict in South Sudan (ARCSS) to end a five-year civil war. Machar and President Salva Kiir signed a cease-fire and power-sharing deal last month
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Uganda's President, Yoweri Museveni on Tuesday commissioned a new cement factory that he said will open more opportunities to explore minerals in different districts. Below is his statement Commissioned the National Cement Factory also known as Simba Cement this afternoon in Mukujju, Tororo District. Owned by Guru Narendra Ravel, the
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Newly elected Arua Municipality lawmaker has told international media how he and his colleagues were beaten by security forces following the fracas that ensured on the last day of campaigns. "We were locked up in a crowded cell on bare cement with a lot of mosquitoes feeding on us every
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