Zimbabwe's Parliament has summoned former President Robert Mugabe to give evidence about a claim he made about huge-scale diamond theft, the BBC reports. Mr Mugabe accused foreign mining firms of "swindling" and "smuggling" in an interview on state-run TV in 2016. "The companies have virtually robbed us of our wealth,"
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The Uganda shilling dipped following an uptick up in corporate and interbank demand during week ending 20th April 2018. Trading was in the range of 3695/3615. In the interbank money market, rates held at previous week's level to trade at 5% for overnight funds and 9% for one week. In
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By Aloysious Kasoma Liquid Telecom in partnership with Financial Sector Deepening Uganda and Innovation Village has rewarded Shs18m to Kenneth Legesi of NFT Consult. The insight2impact’s DataHack4FI (Financial Inclusion) season 2 grand finale which was held on 19th April 2018 at Protea Hotel Kampala had 10 participant teams at the
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East Africa’s most promising young entrepreneurs in 2018 have been named. The list of these innovative entrepreneurs is derived from Forbes’ list of the 30 Most Promising Young Entrepreneurs In Africa 2018. Forbes says the 30 most exceptional young innovators and disruptors in African business today were chosen from more
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Ntinda football youngsters were treated to full excitement when Fortebet, the Sports betting company with the largest branch network in Uganda and the highest betting odds ambushed and gave them new brand footballs. Like it has been doing, Fortebet gave out brand new footballs to the under privileged children in
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Arsene Wenger is to leave Arsenal at the end of the season, ending a near 22-year reign at the club. The Frenchman departs a year before his latest contract was due to expire. The Gunners are sixth in the league and set to miss out on a top-four spot for the
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More questions continue to be asked about the expenditure by the Land Probe Commission headed by Justice Catherine Bamugemereire. Local media is reporting that the commission is on the verge of receiving an extra Shs2bn from the Ministry of Finance to wind up its work. The commission is accused of
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State Minister for Lands, Princess Persis Namuganza has hit an educational milestone after she graduated with Masters from Cavendish University. [caption id="attachment_11352" align="alignnone" width="960"] Hon Persis (R) with a friend at the graduation ceremony[/caption] Namuganza who also doubles s Bukono County lawmaker in Busoga Sub-region, graduated with a Masters Degree
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Uganda and Kenya have shockingly resorted to importing doctors from Cuba despite the high unemployment levels in the East African counties. The move has received a lot of position from local medics and the public. On Wednesday 18, 2018, Uganda’s Minister of State for Health Sarah Opendi revealed that government
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Ecobank Uganda’s game-changing mobile app has attracted 32,000 customers in a short period of time as the Pan-African bank takes centre stage in Uganda’s online banking market. The app that has been applauded for revolutionizing banking in Africa combats many of the financial inclusion barriers such as dearth of rural
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