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Owino Vendors Reject Elections
TweetThe recent fire that gutted Owino market destroyed property worth billions On Thursday, angry vendors blocked an attempt by the market leaders to conduct elections of three representatives to a...
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Encroachers Eating Up Mbale Public Spaces
TweetSeveral businessmen in Mbale town are at the verge of losing property worth billions for allegedly encroaching on public land. Fred Enanga, the commandant of the Land Protection Unit has directed...
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Nigeria’s Guaranty Complete Fina Bank Buyout
TweetNigerian lender – Guaranty Trust Bank (GT Bank), has completed the the acquistion of a majority stake in Fina Bank through a share purchase from current shareholders and direct investment, the Red...
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Russia Hacked Hundreds Of Firms Globally: Report
Tweet Governments have been using computer networks to spy on each other for more than 30 years in the type of surveillance programs conducted by virtually every nation, according to CrowdStrike....
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URA Attaches RVR Accounts Over UGX 9.4B Taxes
TweetUganda Revenue Authority –URA has frozen the bank accounts of Rift Valley Railways over a 9.4 billion shillings debt in unpaid taxes. URA attached the RVR shillings and dollars accounts to...
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Malaba Officials Cited In Corruption Scandals
TweetMalaba Town Graft and embezzlement has engulfed the Eastern Uganda border town of Malaba with Philip Gonza Opolot, the town clerk and his deputy Samuel Baker Okalany have been interdicted from...
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Gov’t, Oil Firms Complete MoU Talks
TweetAn Oil Rig in western Uganda The government, Tullow Oil, CNOOC and Total have negotiated and agreed all the elements of a commercial framework Memorandum of Understanding that consists of a value...
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H+K ACCESS To Ease Communication Of Chinese Firms in Africa
TweetChinese presence in Africa is widespread, and for this fact, PR giants Hill and Knowtlon Strategies Uganda have unveiled H+K ACCESS a dedicated Africa-China Business Service. The service,...
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Counterfeit Dimes On The Raise
TweetMasaka Police are holding two suspected fraudsters after they were found in possession of counterfeit currency worth 3 million shillings. The suspects are Wahab Kazeyi and Isaac Bukenya, residents...
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EAC Single Customs Territory Phase II For June
TweetPresident Museveni (R) and his Kenyan counterpart Kenyatta at Mombasa Port recently. Uganda, Kenya and Rwanda want the system fast tracked. PHOTO Courtesy A Uganda Revenue Authority (URA) official...
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Cable Cars, Buses For Kampala
TweetKampala Capital City Authority Executive Director Jenifer Musisi has beseeched private investors to join the Authority and secure 5,000 buses alongside cable cars to put in place an efficient...
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Synovate Bosses Risk Jail
TweetMaggie Ireri, Ipsos Synovate Kenya Managing Director Jail terms and hefty billions of shilling in fines for failure to seek regulatory approval of the firm’s acquisition of its predecessor...
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The 12 Secrets To Getting A Good Deal On A Second Hand Car
TweetRich has been a car mechanic for 31 years and knows a thing or two about how second hand car salesmen convince us to buy a vehicle. Although it’s often the most expensive purchase most of us make...
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Ugandans Advised to Invest in Gov’t Securities
TweetUgandans have been advised to invest in treasury bills and bonds as government looks forward to borrowing Shs 1trillion for infrastructural development. Government through Bank of Uganda (BOU)...
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Govt, Oil Companies Finally Sign MoU
TweetAn Oil Rig in western Uganda The Uganda Government and Oil Companies – Tullow, Total – have finally signed an Memorandum of Understanding (MOU). The MOU was signed Wednesday night . The government...
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Leather Industry Gets COMESA Boast
TweetThe Common Market for Eastern and Southern Africa (COMESA), through the Leather and Leather Products Institute (LLPI), has announced a programme to empower Small and Medium size Enterprises (SMEs)...
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Uganda’s Exports To South Sudan Drop By 46% – BOU
TweetFormal exports from Uganda to South Sudan in December 2013 declined to 23.5 billion shillings, a drop of 45.9percent, according to statistics from Bank of Uganda (BoU). UgandaTraders to Juba...
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Mineral Curse Hits Karamoja
TweetHRW Africa researcher, Maria Burnett (L) and Daniel Bekele, addressing journalists at Makerere The mineral boom in Karamoja is slowly turning into a curse rather than a blessing, according to...
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Diageo Serengeti Takeover Delayed
TweetWorkers at a beer bottling plant. FILE Photo East African Breweries Limited’s Tanzania subsidiary Serengeti Breweries Limited (SBL) will wait until 2018 to be taken over UK brewing giant Diageo....
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Umeme To host suppliers & contractors conference In Kampala
TweetUmeme’s George van der Merwe Umeme Ltd will host a suppliers and contractors conference at the Kampala Serena Hotel from February 26 to 27. George van der Merwe, the General Manager: UMEME...
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