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Airtel Takes Over Warid Telecom
Telecom giant Airtel has announced that it has signed an agreement to buy Warid Telecom Uganda. Bharti Airtel Mabaging Director Manoj Kohli The move, according to a statement from Bharti Airtel, the...
View ArticleRVR To Lose Millions Over Internal Management Clashes
Rift Valley Railways-RVR Uganda is set to lose millions of shillings following a clash between the Chief Commercial Officer and the Nairobi based Chief Operations Officer. It follows a directive by...
View ArticleRVR To Inject US$30m Into Refurbishment Of Goods Shed
Rift Valley Railways–RVR has embarked on plans to refurbish the Kampala goods shed dashing claims that the facility has been allocated to Amina Hersi, the proprietor of Nakumatt supermarket. Mark...
View ArticleUse More Of Locally Made Raw Materials, M7 Urges Investors
President Yoweri Museveni has urged investors in Uganda to encourage the aspect of using locally made raw materials and promote the vertical integration from raw materials to production in the...
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Rwanda Issues First 10-year Bond To International Investors
Rwanda is issuing its first international bond, highlighting its recovery after the 1994 genocide and how voracious investor appetite for higher yielding debt is helping a swath of countries make...
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Loan Rates Scare Away Acholi Farmers
Farmers Drying their Cassava Lack of security for agricultural loans has remained a major problem for farmers in Acholi sub region. Majority of the farmers can’t afford modern farm implements such as...
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Farmers Abandon Dairy Farming Over Low Milk Prices
Some of the best local breeds of Diary Cattle being sold off by Mbarara farmers due to increased cost of production The future of dairy farming in Western Uganda hangs in balance as model farmers in...
View ArticleWarehouses Struggle To Attract Farmers’ Produce
Two major warehouses in the Ruwenzori region are struggling to attract the projected volumes of produce from maize farmers. Under the warehouse receipt system, farmers deposit their produce in a...
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OIL PIPELINE: Uganda Considering Lamu Option
Fred Kaliisa Kabagambe the Permanenet Secretary in the Ministry of Energy Uganda is exploring a new pipeline option to transport its crude oil to a separate port at Lamu in Kenya, according to an...
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Kigezi Dairy Cooperative On the Spot Over Farmers Cash
Some of the best local breeds of Diary Cattle Members of Kigezi Dairy Co-operative Society are up in arms against the management for alleged failure to pay them for the milk supplied to the cooperative...
View ArticleUganda To Import Crude Oil For Its Planned Refinery
Government plans to import crude oil for its planned refinery once the country’s deposits have been exhausted, an official in the ministry of Energy and Mineral Development has said. Irene Batebe, a...
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Red Pepper, Heineken Network
Account’s departments Florence show cases her modeling skills It was all green, black and white at the Red Pepper premises in Namanve last Friday evening when the Heineken team stormed the Pepper...
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Coca-Cola Sues Riham Over Bottle
The Century Bottling Company Ltd, a subsidiary of the South African based Coca Cola Company, has clarified the ongoing dispute over product imitation by the Harris International, Riham Company. The...
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URA Finally Re-opens Nakivubo Stadium
The Uganda Revenue Authority (URA) has finally re-opened Uganda’s second largest national stadium. The tax body closed Nakivubo Stadium early last month over what they called accumulated debts. URA...
View ArticleBoU Embarks On Study Of Diaspora Remittances
The Bank of Uganda has embarked on a study to establish how much money Ugandans living abroad have sent into the country during the past year. The survey will also establish the amount of money and...
View ArticleBro Group Holding Director Appeals for Local Talent
A top businessman in Bunyoro has called on fellow investors to employ local talent instead of shopping from overseas. Oscar R Busingye; said last week in Masindi district while officiating at the...
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Airtel – Warid Merger To Boost Revenue – UCC’s Mutabazi
Telecom giants Airtel Uganda on Wednesday formally took over fellow telecommunication company Warid in a deal that will see the the former’s subscribers increase to 7 million. UCC ED Godfrey Mutabazi...
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Oil Refinery: Take the Money or be Relocated to Karamoja
Tullow oil workers at a Rig When it was announced that Uganda’s oil Refinery would be Relocated in their area, the Residents of Kabaale subcounty in Buseruka Hoime District celebrated, they thought...
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Gov’t, Oil Companies Finally Agree On Refinery and Pipeline
Fred Kaliisa Kabagambe the Permanenet Secretary in the Ministry of Energy Government and the oil companies operating in the country have finally agreed to set up an export pipeline and a refinery,...
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Tullow Oil Raises Regime Change Fears in 2012 Annual Report
Aidan Heavey Chief-Executive-Officer Tullow Oil has named bribery, corrupt practices and regime change as key risks that could potentially affect the company’s business in the oil industry. In a 2012...
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