Uganda's President Yoweri Museveni on Friday morning met with Kenyan Sports betting firm, SportPesa officials who are looking to set up shop in Uganda. The meeting that also included Youth Minister Nakiwala Kiyinji and FUFA boss Moses Magogo took place at State House Entebbe. "Met investors from the SportPesa company
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Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever, Forbes reports. When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft
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Uganda's Parliament wants to investigate the operations and competencies of Bank of Uganda (BoU) in regulating the banking sector, Business Focus reveals. Nathan Nandala Mafabi, the Budadiri County West MP on Thursday afternoon moved a motion on the floor of Parliament calling for investigations into the operations of BoU and
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The Members of Parliament on Physical Infrastructure Committee has commenced investigations into how Government of Uganda irrergulary awarded Switzerland based company, Societe Generale Surveillance (SGS) a contract to carry out mandatory vehicle inspections in Uganda. On Thursday, Eng.Denis Sabiiti, the former Commissioner in charge of Transport Inspection and Regulation in
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Civil society activists say a move to exclude South Sudan rebel leader Riek Machar from a regional peace process will ensure that South Sudan remains engulfed in war. Ministers of the East African bloc IGAD said Monday that Machar will not be invited to the next meeting for the peace
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A senior Presidential Adviser has warned Ugandan leader, President Yoweri Museveni against grooming his son to take over after him or promoting moves to lift the presidential age cap. John Nagenda, Senior Presidential on Adviser on Media made these comments on Wednesday during an interview with Nation Television (NTV). "40
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The long-running cross-border trade spat between Kenya and Tanzania has resumed barely four days after the two countries signed a pact removing restrictions that had cost traders billions of shillings by the time it was resolved last Sunday. The Kenya Association of Manufacturers (KAM) yesterday said Tanzania had maintained a
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Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected, the AP reports. The Finland-based networks company, however, managed to trim net loss in the
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The Public Relations Association of Uganda (PRAU) on Thursday morning unveiled the 2017 PRAU Excellence Awards with a call for entry to individuals, organisations and agencies that wish to participate in the prestigious awards, the 7th edition of its kind since they were formed. The PRAU Excellence Awards celebrate the
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The Directorate of Public Prosecution (DPP) has dismissed media reports that they are considering placing criminal charges against Sudhir Ruparelia due to his role in the collapse of Crane Bank Ltd, a bank he founded in 1995. “There are no preferred charges because what we have received is a criminal
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