Rwandan President Paul Kagame and his Ugandan counterpart President Yoweri Museveni on Sept.05 launched the inaugural Global African Investment Summit in Kigali, Rwanda. Dubbed the Global African Investment Summit COMESA & Government of Rwanda (TGAIS-Rwanda), the meeting brought together African leaders, heads of State, senior policymakers and influential business leaders …
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Impala Housing Estate in Namungoona, Kampala, which adds 133 housing units and 192 apartments to the country’s housing sector, has been launched. Set up by the National Housing and Construction Corporation (NHCC), this is the 4th phase in the Namungoona area and is an addition to the existing 200 units …
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Lagos, Nigeria | AFP | Thousands of passengers across Africa have been left stranded after Nigeria’s largest airline said Tuesday it had suspended operations and might remain grounded for several days. Arik Air attributed the “temporary disruption” to “pending approval of aircraft documentation related to insurance renewal… a challenge due …
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Civil Society Organisations (CSO) have petitioned the World Bank over its poor portfolio performance in Uganda. CSOs Uganda Debt Network, Anti-Corruption Coalition, Action Aid Uganda and Civil Society Budget Advocacy Group said, the information and data available indicates that as of April 2016, both the World Bank and Uganda are not as …
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Water for People in partnership with Agency For Sustainable Rural Transfomation (AFSRT), ICCO Cooperation and Kole District Local Government on September 7, 2016 commissioned a faecal sludge treatment plant to improve sanitation and create business opportunities especially for youth in the district. Kole district was specifically selected to benefit from this …
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DFCU Bank shareholders are hopeful that 2016 will be good following the release of their company’s half year 2016 un-audited financial statements, which have indicated a Shs 9.6 billion increase in profit compared to the same period last year. According to the financial performance for the first half of the …
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UMEME: NSSF to reap Shs 2.5 billion in dividend payment for first half of 2016 Utility company Umeme has released their 2016 half year results, which indicate that there was a significant revenue growth but an attendant rise in cost of sales means that there will be less profits for …
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San Francisco, United States | AFP | Facebook announced Monday a new online payment system that will allow businesses to sell directly to consumers on its Messenger application. “We’re kicking off the beginning of messages with payments that will allow businesses to sell products and services directly to customers in …
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Government moves to get South Sudan pay up multi-million dollar debt to Ugandan traders Over the last nine years, Appolo Nyagamahe, the proprietor of the Aponye Enterprises, has been going through a period of bitterness. Since 2008, he has suffered the ordeal of being forced to liquidate some of his …
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VIDEO: The National Social Security Fund (NSSF) has decried the slow growth rate in the real estate sector which is affecting the country’s economic performance. NSSF is concerned that investments in the sector are returning less than ought to be – which means government has to come up with policies to improve …
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The Independent Uganda: You get the Truth we Pay the Price
