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Oil companies receive production licenses for exploration of Area 1 and 2

By Our Reporter Uganda’s Ministry of Energy and Mineral Development has today approved Field Development Plans (FDP) for  Total E&P Uganda as the operator of Exploration Area (EA) 1 and Tullow...

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Ugandan bourse registers slower week

By Our Reporter Market activity decelerated this week with 1.96 million shares changing hands to generate a turnover of Ushs 171.34 million compared to the past week where 2.38 million shares were...

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Aon urges URA to seal revenue loss in the shipping industry

By Our Reporter Uganda loses up to Ushs 50 billion annually in revenue due to failure to enforce the Marine Act, Insurance broker Aon’s CEO Maurice Amogola has said. According to him, much of the cargo...

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ICT Ministry, NITA-U urge on adoption of open source software

By Our Reporter Increased awareness, integration and adoption of Free and Open Source Software (FOSS) in Uganda, both by government and the private sector is key to improving service delivery. It will...

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SME entrepreneurs graduate from Stanbic Business Mentorship Program

By Our Reporter 210 Small and Medium Enterprises (SME’s) have trained and graduated from a Business Mentoring Program supported by Stanbic Bank in partnership with Enterprise Uganda. The one-year...

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Toshiba, Ministry of Energy conclude MOU on Geothermal Power generation

By Our Reporter Toshiba Corporation today concluded a memorandum of understanding (MOU) with Uganda’s Ministry of Energy and Mineral Development (MEMD) on a comprehensive partnership in geothermal...

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GSK and Save the Children call for entries to Healthcare Innovation Award

By Our Reporter GSK and Save the Children have launched their fourth annual US$ 1 million Healthcare Innovation Award, which rewards innovations in healthcare that help to reduce child deaths in...

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CMA urges insurance companies to float shares to expand capital base

By Our Reporter Insurance companies should consider listing shares in the capital markets as a means of raising capital, Chief Executive Officer of the Uganda Capital Markets Authority (CMA) Keith...

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Samsung supports IT in Uganda’s education sector

By Silvia Nyambura Samsung Electronics in partnership with the Korea Education and Research Information Service (KERIS) and the Ministry of Education in the week ending 2nd September launched two...

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Umeme records drop in profits for half year 2016

By Our Reporter Power utility company Umeme has registered a 19.5% fall in net profit in the six months to June 2016 to Ushs 54.5 billion from Ushs 67.7 billion in the same period last year. This...

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Builders, Masons get training on vital building practices

By Our Reporter Cement manufacturer Hima has embarked on a series of trainings for masons and builders across the country. This is in a bid to improve the vocational skills of masons and builders who...

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SOS launches fundraising campaign

By Our Reporter SOS Children’s Villages has launched a nationwide fundraising campaign to raise Ushs 6 billion. This will go towards supporting the Non-Governmental Organization (NGO) to increase the...

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Hima Cement inks MOU with Chinese firm

By Silvia Nyambura Hima Cement has today signed a 5 year Memorandum of Understanding (MOU) with Chinese firm, Guangzhou Dongsong Energy (GZDS) to supply cement and concrete. The Chinese firm which is...

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Hima Cement to invest US$ 40 million to boost capacity

By Silvia Nyambura Cement manufacturer Hima has today announced it is embarking on a capacity expansion strategy that will start with the construction of a Grinding Station in Tororo, Eastern Uganda,...

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Local Businessman launches bid for UNCCI Presidency

By Silvia Nyambura City businessman Andrew Rugasira has announced he intends to vie for President of the Uganda National Chamber of Commerce and Industry (UNCCI) at the forthcoming Annual General...

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Ugandan business women to hold summit

By Silvia Nyambura Over 150 Ugandan business women are set to benefit from a 2 day summit organized by Zimba Group under its ZimbaWomen flagship project. Slated for the 28th and 29th of September 2016,...

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Huawei, URA reach out to Jinja Road traffic officers

By Our Reporter Uganda Revenue Authority (URA) and device manufacturer Huawei have donated food items to Jinja Road traffic officers in line with URA’s Corporate Social Responsibility as part of the...

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HIV project reduces infections among positive individuals

By Our Reporter While considerable global attention is on increasing availability and access to antiretroviral therapy (ART) for people living with HIV/AIDS (PLHIV), these efforts are impeded by...

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Samsung calls for partnerships to deliver better access to quality education

By Our Reporter Consumer electronics company Samsung Electronics Africa has said sustainable partnerships are key to providing quality education, a goal paramount if the continent is to achieve global...

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MTN Foundation awards scholarships for ICT students

By Our Reporter The MTN Uganda Foundation has officially launched a partnership with the Forum for African Women Educationalists Uganda Chapter (FAWEU) to provide full cover University Education...

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