The electoral commission in Rwanda has announced that President Paul Kagame has won a third term in office with a landslide. The commission said partial results of Friday's election had given him 98% of the votes, BBC reports. Mr Kagame's supporters began celebrating before the announcement. They say that he
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Major supermarkets will close on August 8 to allow employees to go and vote. This is even as election jitters creep into the economy. The Standard reports that through adverts in local dailies, Tuskys and Naivas Supermarkets announced that they will not open on Election Day to give customers and
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The US economy saw strong jobs growth in July, helped by a wave of hiring in the hospitality industry, reports BBC. The Bureau of Labor Statistics said 209,000 jobs were created in July, which was more had been expected. The unemployment rate edged lower to 4.3%, matching May's figure which
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Embattled tycoon Sudhir Ruparelia has revealed how Bank of Uganda that is headed by Prof. Emmanuel Tumusiime-Mutebile as Governor betrayed him. This shocking revelation is contained in Sudhir’s defense and a leaked document showing the understanding BoU and Crane bank (in receivership) had reached with arguably Uganda’s richest man. [caption
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Livara cosmetics founder and owner, Maxima Nsimenta is among the few young female entrepreneurs nominated for this year's Young Achievers Awards. She was nominated in the Young Achievers Award for Business category. [caption id="attachment_3238" align="alignnone" width="1140"] The organisers of the awards[/caption] Livara Cosmetics manufactures natural and organic cosmetics made from shea
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The Uganda Shilling weakened slightly on account of elevated demand from energy and manufacturing sectors but stabilized at close of the week ending 4th August 2017 as demand waned. Trading was in range of 3610/3620. In the fixed income market, BoU offered 170 billion in the Treasury bill auction. Yields
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Kansai Plascon Africa Limited, a subsidiary of Japan based Kansai Paint Co, with major operations in China, Asia, the Middle East, Europe and South Africa has purchased Sadolin Paints in Uganda and other East African Countries. This was revealed on Thursday by Chris Nugent, the Sadolin Uganda Managing Director during
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MTN Group, Africa's biggest mobile phone operator, on Thursday returned to profit in the first half of the year, helping the company to move on from a turbulent 2016 that highlighted the risks of its emerging markets strategy. The results were bolstered by the absence of charges related to a
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Rwandan voters queued in long lines on Friday to cast their ballots in a presidential election that incumbent President Paul Kagame is tipped to win by a landslide after 17 years in power. Kagame has won international plaudits for presiding over a peaceful and rapid economic recovery in the tiny
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Uganda's President Yoweri Museveni has directed Ugandan heads of diplomatic missions and ambassadors to acquaint themselves with the needs of the country especially in the areas of investment and job creation. Mr Museveni made the directive during a meeting at State House Entebbe on Thursday. He tasked them to explain
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