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Tag Archives: invest

Chance for Ugandans to invest abroad

Why this good news risks being misunderstood as bad news by foreign investors COMMENT | Joseph Were | On February 01, The Independent news magazine’s online edition reported on Standard Chartered Bank Uganda’s launch of an offshore Mutual Funds product. As the Standard Chartered Bank CEO Sanjay Rughani said at the launch, …

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US offers $4.5 bn investment in Central America, Mexico

Washington, United States | AFP | The United States, hoping to stem migration, said Tuesday it was ready to support $4.5 billion in investment in Central America and southern Mexico. The United States promised to back new Mexican President Andres Manuel Lopez Obrador’s push for development in Central America, the …

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Chinese enterprises encouraged to invest in Uganda

Kampala, Uganda | THE INDEPENDENT | Uganda’s Ambassador in Beijing  Dr. Chrispus Kiyonga has encouraged Chinese enterprises to invest in Uganda because the country offers many opportunities and is friendly. Dr. Kiyonga said this during a visit to Shenyang and at a conference co-organised by the Uganda Embassy, the Liaoning Provincial authorities …

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Umeme to invest US$155millin in 2018

Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme, is to invest $155 million during 2018 to among other things, refurbish old networks, build new power sub-stations and improve the network across the country. The firm’s Deputy Managing Director, Sam Zimbe, said they have submitted an investment plan for the …

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VIDEO: Canadian Police Invests In Uganda Police

VIDEO: Canadian Police Invests In Uganda Police Kampala, Uganda | NBS TV | The Uganda Police Department of Fire Prevention and rescue Services has asked government to beef up the staff component in the Rescue department with necessary skills, equipment and technology to help them execute their mandate. Rose Mary Wawire …

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Merkel calls to fight African poverty to curb migrant influx

KAGAME: There is a need to dispel the notion that Africa is inherently riskier than other developing markets Berlin, Germany | AFP |  German Chancellor Angela Merkel on Monday urged more investment in Africa, saying that economic growth there is needed to fight the poverty that is driving the mass …

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Kagame, Sisi head to Berlin for G20-Africa

Merkel’s G20-Africa meet aims to reduce poverty, migrant influx Berlin, Germany | AFP | German Chancellor Angela Merkel will on Monday meet African leaders in Berlin on initiatives aiming to reduce the poverty and conflict driving a mass migrant influx to Europe. The idea is to team up African nations …

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Plan to nurture African economies unites fractious G2

Baden-Baden, Germany | AFP | Ministers from the world’s top economies heralded plans to boost development in Africa on Saturday, at an otherwise fractious G20 gathering in Germany. Berlin, which holds the presidency of the powerful nations’ club this year, has made a hoped-for “Compact with Africa” a top priority for …

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Invest in Dubai for 12-14% return

By Ian Katusiime Nishat Candour is the CEO of Candour Property, a Dubai-based real estate firm which recently had a Strategic Alliance with Knight Frank Uganda. He spoke to Ian Katusiime. Tell us about your management philosophy Three things; we believe in being fun, to create a fun environment around …

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