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This is why a kilo of Sugar costs Shs3, 000 up from Shs2, 500 in October
Ugandans must be particularly surprised at the leap in the price of sugar. It went up by 36% from August to September. The Ministry of Trade says the slight increase in sugar prices has nothing to do...
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New computer spying bug discovered
A leading computer security company says it has discovered one of the most sophisticated pieces of malicious software ever seen. Symantec says the bug, named Regin, was probably created by a government...
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Gov’t Receives USD21.4 Million Japan Energy Fund
The government of Japan has advanced a US $21.4 million loan to Uganda to improve the Queens way power substation in Kampala. Junzo Fujita, the Japanese ambassador to Uganda “The project aims at...
View ArticleSABMiller, Coca-Cola To Merge African Non-Alcoholic Bottling Operations
SABMiller PLC Thursday said it has agreed with The Coca-Cola Co and the majority shareholder in bottler Coca-Cola Sabco to combine the bottling operations of their non-alcoholic ready-to-drink...
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MUBS To Teach Chinese
Makerere University Business School (MUBS) has finalized plans with China’s Shenyang University to put up set up an institute for Chinese Culture and language. Officials toast after the the signing of...
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Willy Mutenza: Take Advantage Of Investment Opportunities In Gulu
Willy Mutenza, the Chairman of Uganda UK Convention, encourages the Diaspora to take advantage of investment opportunities in Gulu. Mutenza with London Mayor at networking night At a recent networking...
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Butter Trader Wins Second Omo Vehicle
A businesswoman hailing from Mbarara District is the second winner of a brand new Toyota Premio vehicle in the ongoing Omo ‘Collect and Win’ promotion. Grace Nandawula, the Marketing Manager for...
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Olx Uganda online market initiated
OLX, one of the world’s leading online classified platforms, today announced its entry into the Ugandan market by unveiling it’s free portal for buying and selling unused goods and services,...
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Umeme propose even higher power tariffs in 2015
Power distributor, Umeme, has proposed that the end-user tariffs for domestic consumers be increased starting next year even after raking in free money through inflated projections of some of its...
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MTN Demands For Fair Treatment From UCC
MTN Uganda, the largest telecom company in the country has demanded for equitable treatment of all players in the telecom sector by the regulator UCC. MTN CEO Brian speaking to Journalists yesterday...
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Oil Refinery Bidders To Submit Final Offers By Mid-January 2015
The two consortia left in the running to be the lead investor for construction of the 60,000 barrels per day refinery have been given up-to 19th January 2015 to submit final offers. A press statement...
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AIG Sets Up Academy To Train Insurance Stakeholders
In a move aimed at sustaining and growing the level of uptake of insurance products and services, insurance company, AIG has launched the AIG Academy. Elisha Khisa (L) the CEO Insurance Institute of...
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Uganda Secures Funding for Key Solar PV Projects
A consortium of two firms have been contracted to build four solar plants of 5 megawatts each in Eastern Uganda as part of the Global Energy Transfer for Feed-in-Tariffs program, also known as GET-FiT....
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BOU Maintains Lending Rate at 11%
The central bank of Uganda has opted to maintain the Central Bank Rate at 11% following the depreciation of the Uganda Shilling by 9% so far this year. Bank of Uganda Governor Emmanuel Tumusime...
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Let Sheraton Hotel Be Your Village This Chritmas Season
The holidays are here, the kids are home and the relatives are visiting. With Christmas days away, you need a fun plan with the best value for money. Sheraton is your best bet with fun for everyone;...
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Chinese To Start Mining Copper In 2015
Tibet-Hima Industries Consortium, a Chinese firm is set to start copper mining in Kilembe in May next year, Alex Kwatambora, the project manager has disclosed. The Kilembe mines processing plant...
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Coffee Exports Drop By 17%
Uganda’s single largest foreign exchange earner, coffee realized a drop in export numbers in November 2014 of 17% according to the Uganda Coffee Development Authority. The UCDA report for November 2014...
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Amatheon Agri Officials Hold Talks With Uganda’s Minister Of Agriculture
In a bid to promote private sector investment in the agricultural sector, the government through the sector’s line ministry is putting in place support mechanisms to foster increases in agricultural...
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Stanbic Bank Appoints Ugandan CEO
Stanbic Bank, Uganda’s largest bank has appointed its first Ugandan Chief Executive Officer Patrick Mweheire. “This is to notify you that Patrick Mweheire has been appointed as Chief Executive and...
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Centenary Bank Roots For Charity
Centenary Bank staff have donated Shs7 million towards the organization of the End of year party and purchase of food items like rice, maize flour, beans, sugar, among others to Mapeera Bakateyamba...
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