Regional supermarket giant, Nakumatt will soon become history in Uganda, a development that will leave many jobless and adversely affect the economy at large. An inside source, who preferred anonymity, confirmed to Business Focus that Nakumatt is in advanced stages of ending operations in Uganda due to unprecedented debts. “The
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Eaton Angel put up a hard fought battle to win her third Uganda Ladies Golf Open at the Kitante Golf Course. Eaton returned a score of 235 gross (76, 81, 78) to win the Ladies Open after three days of a grueling challenge. She had previously won the 2012 and
Read MorePresident Yoweri Museveni has said that government has the right to takeover land for public use, urging Ugandans to cooperate with government for development. He also condemned people who make fake and exorbitant claims as compensation for their pieces of land that government wants to acquire to pave way for
Read MoreUS Open 2017: Sloane Stephens – From World Number 957 To Grand Slam Winner
"When I had surgery, I was not thinking that I would be anywhere near a US Open title," said Sloane Stephens. Sloane Stephens was planning to spend Saturday night in New York celebrating with Madison Keys, hours after beating her friend to a first Grand Slam title. The 24-year-old American,
Read MoreHow Elections, Rising Debt & Inflation Are Battering Kenyan Economy
August has been a tragic and dark month for Kenya. Tragedies seem to strike in August. Prominent people die in August and some of the biggest terror attacks on the country have happened in August. It was on August 7, 1998 for instance, that an explosion ripped through the United
Read MoreChina will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market. Xin Guobin, the vice minister of industry and information technology, said the government is working with other
Read MoreChina leads the top 10 countries making millions of dollars in exports to Uganda, according to figures released by Bank of Uganda on August3, 2017. The ranking is based on the latest month (June) in the report. In total, Uganda’s expenditure on imports stood at US$416.31m (Shs1.49 trillion) in June,
Read MoreThe East African Development Bank (EADB) Friday held two farewell events at the Serena Hotel, Nairobi and Kampala, for winners of this year’s education scholarships under the EADB/AAI STEM scholarship programme. The winners of the prominent scholarship are: Edward Mureka, (Kenya), Barnabas Wafula, (Kenya), Denish Akuom (Kenya), Chris Mbae, (Kenya)
Read MoreThe United States government has granted Kenya Airways (KQ) a permit to operate direct flights to America. According to an order issued by the Department of Transportation, the permit became effective on September 5. The Nation newspaper reports that the Department of Transportation had in June recommended that KQ, as
Read MorePresident Yoweri Kaguta Museveni has said that there are two groups of people against the proposed amendment to the land law. President Museveni, who was accompanied by the Deputy Attorney General Mwesigwa Rukutana and the Minister for Housing Chris Baryomunsi made the remarks last evening at Spice FM radio station
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