Nairobi Securities Exchange (NSE) investors yesterday lost KSh11.44 billion (over UShs388bn) as the cloud of political uncertainty that has persisted since the September 1 nullification of the presidential election intensified with news that electoral agency commissioner Roselyn Akombe had resigned and fled the country, reports the Daily Nation. Dr Akombe’s decision
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Traditionally, farming is dirty to many Africans. However, with technology and education, farming trends have changed. There are smarter ways of carrying out farming and earning big from it. And due to high levels of unemployment, a number of African youth are increasingly taking on farming as a major business.
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The AfroChampions Initiative has taken a new step with the official creation of the AfroChampions Club, a new platform to mobilise African multinationals to accelerate the economic integration of the continent. At the invitation of Africa’s richest man, Aliko Dangote, the Founder and CEO of the Dangote Group and President
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The African Development Bank has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to the continent’s youth employment. In collaboration with the Initiative for Global Development, the Association of African Agricultural Professionals in the Diaspora (AAAPD), Michigan State University, Iowa State University,
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Pictures have been emerged on social media sites showing what appears to be a bullet hole in hind screen of Uganda's opposition leader, Kizza Besigye. [caption id="attachment_5480" align="alignnone" width="539"] GRAPHIC: The lifeless body of the young man shot dead in the clashes[/caption] According to reports, this happened as the former
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Labour recruiting and exporting agencies have spoken out for the first time on the 48 Ugandan workers who have died in Arab countries as a result of reported torture and mistreatment. Addressing journalists at BMK House in Kampala on Wednesday, Andrew Tumwine Kameraho, the Chairman of Uganda Association of External
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As competition for Uganda’s banking sector goes mobile, Standard Chartered Bank Uganda (StanChart) has announced a new strategy to dominate digital banking in Uganda. Addressing the press at their head offices in Kampala on Wednesday, Albert R. Salton, the StanChart Uganda Managing Director, said that the clients’ needs have constantly
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China has entered a "new era" where it should "take centre stage in the world", President Xi Jinping says. The country's rapid progress under "socialism with Chinese characteristics" shows there is "a new choice for other countries," he told the Communist Party congress. The closed-door summit determines who rules China
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Africa holds the key for feeding the nine billion people that will inhabit this planet by 2050, the President of the African Development Bank and 2017 World Food Prize Laureate, Dr. Akinwumi Adesina, said during his Norman Borlaug Lecture delivered on World Food Day. The Laureate also called for land
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Members of Parliament sitting on the Parliamentary Committee on Gender, Labour and Social Development have revealed more details regarding the 48 Ugandans who have died in Arab countries under unclear circumstances. The MPs say that these deaths could have been avoided if Labour Ministry had entered bilateral agreements with Arab
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