Kikagati hydro power project is a 14 megawatts venture located along River Kagera at the Uganda-Tanzania border. The project attained financial closure last week, meaning that investors have agreed to invest a total of $87m (about sh320b) into development of the project. Robert Kasande, the Permanent Secretary in the Ministry
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Rakesh Jha, who has been the Managing Director of Barclays Bank Uganda for the last five years, will leave the financial institution in August this year. The Bank’s Board has appointed Mian Nazim Mahmood as his successor in Interim capacity. During his tenure at the bank, Barclays’ total assets grew
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In 2007, dfcu, one of Uganda’s largest banks by assets launched the Women in Business programme. The programme has since grown to touch the lives of thousands of women entrepreneurs in various fields. In an exclusive interview with Business Focus, Victoria Byenkya (in featured photo), the Manager for the programme
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Ugandan Supervisor based in Saudi Arabia has spoken out on the situation of Ugandan domestic workers (housemaids) in the Middle East Country. Ahmed Sharif Nsamba, who is attached to Ingaz Recruitment Company based in Saudi Arabia, says he is supervising Ugandan workers for four recruitment companies in Uganda; he is
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Budadiri West lawmaker, Nandala Mafabi has backed State Minister for Investment, Evelyn Anite in the ongoing fight over management of troubled Uganda Telecom Limited (UTL); saying people running the telecom firm are simply milking it to death. In an interview at Parliament, Mafabi said that Anite is on the right
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Uganda’s labour externalization industry is increasingly becoming organized in a move aimed at weeding out unscrupulous dealers that promote acts of human trafficking and fraud. Uganda Association of External Recruitment Agencies (UAERA), an umbrella body that brings together over 150 labour recruitment and exporting agencies has been at the forefront
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The Government has not empowered enough its agencies to turn the reforms happening around the country into actual benefits to the ordinary people. This is according to Gideon Badagawa, the Executive Director of Private Sector Foundation Uganda. Badagawa, said on the sidelines of the Budget week exhibitions for government Ministries,
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Nicolas Pompigne-Mognard, Founder and Chairman of APO Group ( formerly known as the African Press Organization), the leading media relations consultancy and press release distribution firm working in Africa and the Middle East with African governments, international institutions and companies active in Africa was in Kampala, Uganda recently. His visit
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Uganda’s real estate industry is set to be boosted with a new kid on the block that will spur growth in the sector. ABJA Estates Limited, an indigenous real estate company is the latest entrant in Uganda’s property sector. Founded in June 2018 by home baked Ugandan, the real estate
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In the second edition of the nationwide Savings and Investment campaign dubbed ‘Battle for Cash’ where dfcu Bank partners with NTV Uganda and Price Waterhouse Coopers (PwC) with an aim to build a savings and investments culture in Uganda, Akuna Muchezo Development Club emerged as the winners. The challenge in
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