How Nigeria’s Economy Grew By 89% Overnight
TweetSouth Africa was Africa’s largest economy. The IMF put its GDP at $354 billion last year, well ahead of its closest rival for the crown, Nigeria. By Sunday afternoon that had changed. Nigeria’s...
View ArticleCream of African Exhibitors Flowing In For INDABA 2014
TweetTHE BIGGEST and most prestigious tourism products and services from across the African continent are confirmed to exhibit at INDABA 2014. They will showcase their offerings to the 1441 confirmed...
View ArticleMicrosoft Completes Purchase Of Nokia
TweetThe sale will see the end of production of mobile phones by Nokia. Microsoft has completed its purchase of Nokia’s mobile phone business for 5.44bn euros ($7.5bn; £4.5bn). The deal between the two...
View ArticleAirtel Uganda Opens Shop In Gulu
TweetAirtel Uganda yesterday opened a new premium customer care center in Gulu Town Gulu District representatives and Airtel officials cutting the cake The function was presided over by Gulu Mayor, His...
View ArticleReturned OPM Scandal Monies Used To Construct Schools
TweetThe Norwegian government is constructing schools in Northern Uganda using the 7.8 billion Uganda Shillings refunded by the Office of the Prime Minister. The funds were initially under the Peace...
View ArticleM7 To Open Mbale Market Complex
TweetEntrance to the market complex Ugandan president, Yoweri Museveni is today expected to open the Mbale central market complex in the east of the country. The 3-storied market boasts 580 lock -ups...
View ArticleJinja To Make Charcoal Out Of Garbage
TweetWhile others throw their rubbish away, residents of Mpumudde/ Kimaka division are in need of it. While others cut trees or buy charcoal for cooking, the Jinja residents make their own charcoal out...
View ArticleSuperbrands Kampala Event Beckons
TweetMultinational or small scale, being recognised by the world’s largest independent arbiter of branding is a massive stride in business and the Kampala Superbrands Tribute Event 2014 slated for June...
View ArticleM7 Opens Shs 26B Mbale Market
TweetPresident Yoweri Museveni has this afternoon opened a multibillion market complex at Market Street in Mbale town. The 580 lock-up market partly funded by a loan from the African Development Bank...
View ArticleChina Set To Overtake U.S. As Biggest Economy This Year
TweetWorkers make final inspections on vehicles on the production line at a plant operated by Dongfeng Peugeot-Citroen Automobile Ltd., the joint venture between Dongfeng Motor Corp. and PSA Peugeot...
View ArticleUganda Coffee Production To Triple
TweetOn realizing the value of Uganda’s coffee could reach $ 3.3 billion in five years according to the draft National Coffee Strategy. The National Coffee Strategy was drafted by coffee farmer...
View ArticleCentenary Bank Spends Shs4.5m on Children in Remand Home
TweetCentenary Bank Principal Human Resource Manager Juliet Mukiibi handsover items to Mary Kyomuhangi the Assistant Probation Officer at The Naguru Remand Home on Friday . Centenary Rural Development...
View ArticleUgandans Not Ready For Oil
TweetAs oil companies, CNOOC, Total and Tullow move closer to oil production, participation of Ugandan has been found to be below the required standards. A National Local Content Baseline Survey...
View ArticleUganda Faces Economic Risks – IMF
TweetThe International Monetary Fund has predicted that Uganda will face economic risks from both domestic and external environment, which are likely to impact negatively in health of economies despite...
View ArticleUganda Re Lisiting
TweetUganda Reinsurance that was launched recently is planning to list on the Uganda Securities Exchange (USE). Uganda Ra intends to underwrite premiums worth sh15b in 2014 and sh22.6b in 2015....
View ArticlePreparations In High Gear As INDABA 2014 Draws Near
TweetThis year’s show will be held from 10 – 12 May at the Albert Luthuli Convention Centre (Durban ICC), South Africa. SOUTH AFRICAN TOURISM’s Speed Marketing Sessions, the highly successful engine...
View ArticleUganda Borrows Extra Shs 700B
TweetThe Uganda government is borrowing an extra 700 billion Shillings through the issuance of treasury bills and bonds to cater for revenue collection shortfalls by Uganda Revenue Authority...
View ArticleVillage Mall Awards Winners of Easter Bonanza Promotion
TweetThe Village Mall Bugolobi in partnership with its sponsors has announced the final winners of its inaugural promotion dubbed “Easter Bonanza”. Village mall winners pose for a group photo During a...
View ArticleURA In Shs 331B Collection Deficit
TweetUganda Revenue Authority (URA) continues to register an increase in tax collection shortfall for the financial year 2013/14. The shortfall has increased to 331 billion Uganda Shillings in the ten...
View ArticleChinese Confirm More Karuma Dam Funding
TweetJust weeks after Red Pepper had reported that works at the Karuma dam are being affected by limited funding and shortage of skilled workers, Li Ruogu the Chairman and President of Exim Bank of...
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