Amazon founder and Jeff CEO Bezos overtook Bill Gates to become the richest person in the world on Thursday morning July 27, with a fortune topping $90 billion for the first time ever. When markets opened Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead
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Kenya's missing IEBC ICT manager Chris Musando has been found dead with one of his arms cut off. Police said the deputy director's body was found in Kikuyu and taken to City Mortuary in Nairobi on Sunday. His family members have identified it and are at the facility. After announcing
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US Vice President Mike Pence is already planning his inauguration in anticipation of President Donald Trump's removal from office in an impeachment, Congresswoman Maxine Waters has said. "Mike Pence is somewhere planning an inauguration. Priebus and Spicer will lead the transition," Democratic Representative Waters tweeted on Sunday, referring to former
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Uganda's army has confirmed that 12 of her troops perished during an ambush by Somali militants, Al Shabab on Sunday evening. The Uganda Peoples Defence Forces (UPDF) spokesperson, Brigadier Richard Karemire on Monday issued a statement confirming that 12 UPDF soldiers had been killed and that the raid had left
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At least 23 African Union peacekeeping troops and a Somalian soldier have been killed in an ambush carried out by armed group al-Shabab in the country's south, according to a senior regional official. The fighting broke out when the al-Shabaab fighters attacked the African Union Mission in Somalia (AMISOM) troops early
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The Uganda Shilling held firm against the US dollar in the week ending 28th July 2017 supported by the Central Bank mopping of excess liquidity. Demand remained low. Trading was in the range of 3690/3600. In the fixed income market, there was no primary auction for government securities. “Shilling forecast
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The Government of Uganda (GoU) has spoken out on its decision to close coffee factories in greater Masaka, a move that has left hundreds of coffee farmers in the area helpless. Vincent Bamulangaki Ssempijja, the Minister Of Agriculture, Animal Industry And Fisheries last week issued a statement on the floor
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Millions of Kenyans could be staring at hard economic times after the General Election next week as many of the pre-election subsidies running into billions of shillings are set to end with the campaign season, reports the Daily Nation. The government, keen not to placate voters, has philanthropically pumped huge
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Nakawa lawmaker, Michael Kabaziguruka on Sunday survived death when the vehicle he was traveling in collided with another in the capital Kampala. According to local reports, Kabaziguruka was driving an ambulance (Reg. Number UAP 236P) that collided with with a Hyundai, registration number UBA 083X around UMA Lugogo. The lawmaker
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A gunman and a police officer were killed in an attack on the home of Kenya’s deputy president in the western town of Eldoret, a senior administrator said Sunday, just more than a week before a national election. Deputy President William Ruto and his family were not at home at
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