Standard Bank has signed an agreement with CCRManager Pte Ltd, a global trade FinTech company, joining their global innovative electronic platform as a member bank. “We are delighted to have joined CCRManager’s distribution platform, which offers an automated, fast and transparent platform for trade risk distribution and participation”, says Vinod
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After months of stability, the Uganda Shilling continues to lose ground. During the week ending 20th October 2017, trading was in the range of 3645/3655. In the early part of the week, the Shilling was under immense pressure on account of strong demand from the interbank ,as commercial banks rushed
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Controversial journalist Andrew Mwenda has released a fresh missive in which he attacks Bobi Wine fans and admits dealing with President Yoweri Museveni. Below is Mwenda’s missive: Open memo to Bobi Wine supporters By Andrew M. Mwenda Since I posted my criticism of your hero, Bobi Wine, you have been
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Quantum Global’s investment was designed to support the cement producer on a number of value creation initiatives, including the development and launch of new products and the optimization of existing facilities QGIAM, the private equity arm of Africa focused investment firm Quantum Global Thursday announced that on behalf of their
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The Inter Parliamentary Union (IPU) has been forced to drop a proposal to debate an item on the rights of homosexuals over objections from the mainly Muslims and African members. The proposal moved by the IPU Standing Committee on Democracy and Human Rights was meant for consideration during the next
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Nairobi Securities Exchange (NSE) investors yesterday lost KSh11.44 billion (over UShs388bn) as the cloud of political uncertainty that has persisted since the September 1 nullification of the presidential election intensified with news that electoral agency commissioner Roselyn Akombe had resigned and fled the country, reports the Daily Nation. Dr Akombe’s decision
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The AfroChampions Initiative has taken a new step with the official creation of the AfroChampions Club, a new platform to mobilise African multinationals to accelerate the economic integration of the continent. At the invitation of Africa’s richest man, Aliko Dangote, the Founder and CEO of the Dangote Group and President
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The African Development Bank has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to the continent’s youth employment. In collaboration with the Initiative for Global Development, the Association of African Agricultural Professionals in the Diaspora (AAAPD), Michigan State University, Iowa State University,
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Pictures have been emerged on social media sites showing what appears to be a bullet hole in hind screen of Uganda's opposition leader, Kizza Besigye. [caption id="attachment_5480" align="alignnone" width="539"] GRAPHIC: The lifeless body of the young man shot dead in the clashes[/caption] According to reports, this happened as the former
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Labour recruiting and exporting agencies have spoken out for the first time on the 48 Ugandan workers who have died in Arab countries as a result of reported torture and mistreatment. Addressing journalists at BMK House in Kampala on Wednesday, Andrew Tumwine Kameraho, the Chairman of Uganda Association of External
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