Two senior police officers who were side-stepped in the recent appointment of police spokesperson Emilian Kayima have finally handed over their offices as they await new deployment. The two officers include Commissioner of Police (CP) Fred Enanga who has been working as part of the administration team Assistant Commissioner of
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African telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about $8 billion (UShs29.1 Trillion) next year after combining new and existing assets, according to people familiar with the matter, reports Bloomberg. That valuation would be based on an enlarged company, partly forged through
Read MoreM7 Assures Investors: ‘We Have Enough Power, Transport Routes’
President Yoweri Museveni has said Uganda has enough power (electricity), transport routes and opportunities to enable foreign investors thrive in Uganda. Museveni made the remarks on Thursday during a meeting with a delegation of oil and gas investors from the United Kingdom who called on him at State House, Entebbe.
Read MoreMany African countries have made significant progress towards creating an Internet sector, with broad reforms that focus on increasing broadband availability. There have been further successes within countries in developing online platforms, fostering growth of local companies and increasing the incentive to go online-- says a new report launched Thursday
Read MoreAfrica’s largest cement Company, Dangote Cement Plc Wednesday added fillip to the on-going efforts at economic emancipation of Africa when it formally opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville, amid ecstasy by the government and the indigenes of the Country. The new plant estimated at $300 million
Read MoreEmmerson Mnangagwa has been sworn in as Zimbabwe's president in a ceremony at a packed stadium in the country's capital, Harare, reports BBC. It follows the dramatic departure of Robert Mugabe after 37 years of authoritarian rule. The former vice-president's dismissal earlier this month led the ruling Zanu-PF party and
Read MoreTo meet or not to meet President Yoweri Museveni over Constitutional Amendment Bill (No.2) 2017? That was the question that has left MPs on the Legal and Parliamentary Affairs Committee divided. During an internal Committee meeting held on Thursday at Parliament, Jacob Oboth, the Committee Chairperson rejected the proposal to
Read MoreThe nine winners of the MTN Innovation Awards 2017 have Thursday been given their cash prizes from MTN Uganda. The nine winners picked their cash prizes totaling $27,000 (Shs97.2) during a handover ceremony and interaction with the MTN Uganda Chief Marketing Officer, Olivier Prentout. The nine came top at the
Read MoreBy Aloysious Kasoma National Social Security Fund (NSSF) has intensified efforts to cash in on 11 million workers in the informal sector. Speaking at the sidelines of the East and Central Africa Social Security Association (ECASSA) conference held at Serena Hotel in Kampala on Thursday, Richard Byarugaba, the Managing Director
Read MoreUganda's President Yoweri Museveni has warned residents of a village in eastern Uganda to vacate areas close to a mountain cliff. While condoling the people of Bufupa and Masaba sub county, President Museveni warned people to vacate settlements that are close to the mountain cliff, adding that government is going
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