Arsenal's majority shareholder Stan Kroenke has made a £600m (Shs2.8 trillion) offer to buy the whole of the club in a deal that would value the Gunners at £1.8bn (Shs8.6trillion). The American billionaire owns 67% of Arsenal through his company KSE, which says Alisher Usmanov has agreed to sell his
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Uganda earned US$3.339bn (Shs12.3 trillion) in 2017 from her exports combined, up from US$2.921bn (Shs10.7 trillion) in 2016, according to latest figures released by the Bank of Uganda (BoU). Cash crops contributed greatly to the above earning. For example, coffee beat gold exports to emerge Uganda’s top foreign exchange earner.
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By Amon Baita The newly created all-inclusive online media body- Independent Online Journalists Association-Uganda (INDOJA-U) has elected its first leadership that is set to revolutionize Uganda’s media industry. Mr Andrew Irumba, CEO of The Spy, an online newspaper and former senior Sales Executive at Red Pepper is INDOJA’s first President.
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Kampala Police have intercepted a vehicle and rescued two children from suspected kidnappers who had asked for three million Uganda shillings ransom from the parents. According to the children, suspects tricked them into moving with them to buy some cakes and later disappeared with them without the consent of the
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Rugby has nearly 800 million followers globally, while more than 338 million considering themselves fans, with India, China and the USA alone constituting almost 33 per cent of the population, according to the largest-ever market research into fan trends and perceptions conducted by World Rugby. Published as the Rugby
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Ugandans living in South Korea have asked for government financial support to help improve trade between the two countries. The Chairperson of the Ugandan Community in South Korea, Paul Kaziro, also called for bilateral talks between Uganda and South Korea intended to improve trade relations. "We are requesting the government
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Absa Group Limited, Barclays Bank of Uganda Limited’s parent company, today reported an increase in earnings and income for the first half of 2018 and underscored its commitment to growth in Africa. Absa Group, previously known as Barclays Africa Group, said headline earnings rose 3% to R8 billion (about US$608
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The newly appointed chairperson of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE), Mubarak Munyagwa says Ugandans will see a tough, serious and committed person who will be following accountability issues to their logical conclusion. Munyagwa, the Kawempe South MP told local news agency, Uganda Radio Network during
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Stanbic Bank has launched a partnership with the Buganda Land Board (BLB) to provide an affordable financing solution to enable bibanja holders acquire land titles. The solution dubbed Kyapa Loans is aimed at simplifying land title acquisition by bibanja holders whose land has already been surveyed by the Buganda Land
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The president of South Sudan and head of the country’s main rebel group signed a final cease fire and power-sharing agreement on Sunday and hailed a new longed-for era of peace in the country. “I call on everyone as a leader of South Sudan that this agreement which we have
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