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Turnover shrinks as stock market closes week

By Silvia Nyambura The stock market has closed the week with a 14.7% shrink in turnover to record Ushs 1.16 billion from Ushs 1.36 billion last week. The USE All Share Index shed 4.32% to close at...

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KCB Uganda invests Ushs 162 million in Enterprise development

By Our Reporter KCB Bank Uganda through its KCB Foundation has invested Ushs 162 million to promote enterprise development. The bank through a partnership with Uganda Small Scale Industries Association...

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Vodafone donates food items to Uganda’s Muslim community

By Our Reporter As the Muslim community marks the end of their fasting period, Vodafone Uganda has handed over an assortment of food items to several mosques in Kampala. Worth Ushs 20 million, the...

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NSSF ups stake in Equity Group Holdings

By Silvia Nyambura The National Social Security Fund (NSSF) has bought 90 million shares in Equity Group bringing its total shareholding to 92.5 million shares. This represents a 2.44% stake in the...

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Accountants’ forum calls for Value Addition

By Silvia Nyambura Value addition in all sectors of the economy is the master key that will move Uganda to the next level of economic development. It has the potential to transform the country’s...

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Testing for malaria reduces over prescription by over 70% in Uganda

By Our Reporter Using malaria Rapid Diagnostic Tests (RDT) in registered drug shops in a highly endemic region in Uganda substantially reduced over diagnosis of malaria. It also improved the use of...

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Navigating Africa’s changing Tax Terrain

By Our Reporter African businesses must access local tax expertise, invest in sound business systems and take the time to understand local tax frameworks and regulations if they are to succeed as they...

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6 Tips for kick-starting an e-commerce site for your small business

By Charles Pittaway Joining the world of electronic commerce may seem daunting if you’re running a small business, but it is easier than ever to get up-and-running with a digital storefront. And with...

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Advanced technology increasingly shaping Africa’s financial sector

By Our Reporter The African financial services industry is rapidly evolving as a result of advancing technology which is fueling innovation and growth in the sector. While the sector is mature in most...

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Vodafone’s 2nd edition of power talks to address ICT in Agriculture

By Our Reporter Farmers and and agriculture experts will on 30th July meet to discuss opportunities to leverage ICT to improve agricultural production at the second edition of Vodafone Power Talks....

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NSSF awards top community projects

By Silvia Nyambura The National Social Security Fund (NSSF) through its annual Torch Awards has awarded cash prizes of Ushs 80 million to 5 socially responsible projects from across the country. This...

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Old Mutual acquires 60.7% stake in UAP Group

By Silvia Nyambura Global financial services company Old Mutual Group has officially announced it has acquired 60.7% stake in UAP Group. This is expected to give UAP muscle to operate in markets north...

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What do customers really want?

By Fatima Sullivan In an ever changing and fast paced world where alternatives are rife, customer experience is rapidly becoming one of the most important elements of business success. According to the...

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Vodafone urges farmers to embrace technology for productivity

By Silvia Nyambura Agriculture remains a key driver of Uganda’s economy. It however continues to face numerous challenges including access to timely and reliable information. This inequity allows those...

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Africa presents exciting opportunities for asset managers: PwC report

By Our Reporter New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around $1,098 billion by 2020, from a 2008 total of $293 billion....

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Pepsi upgrades packaging

By Our Reporter Crown Beverages Limited on Tuesday unveiled a new single-serve bottle for its flagship brand, Pepsi. A visual expression of Pepsi’s Excitement of Now positioning, the bottle is rolling...

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Africell to reward data users with smartphones

By Silvia Nyambura Africell Uganda has launched an initiative that will see customers get free smartphones upon buying a one year special data package priced at Ushs 349,000. The initiative dubbed...

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Kampala Law Firm trains lawyers on dispute resolution

By Our Reporter Kampala based law firm Kampala Associated Advocates (KAA), in collaboration with Simmons & Simmons, an international law firm with offices in Europe and the Middle East, organized...

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African oil & gas organizations should plan for an upturn in oil price: PwC...

By Chris Bredenhann Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. While the oil price has caused activity...

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Robust ERP platforms essential for African companies in their race to go global

By Keith Fenner As Africa’s mid-sized enterprises expand across the continent and other parts of the world, so should they look at putting in place Enterprise Resource Planning (ERP) platforms that...

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