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UNDP champions joint oil development

Kampala, Uganda | JULIUS BUSINGE | Uganda needs to team up with other countries under the East Africa Community, the Great Lakes Region and other African regions in the oil development process ahead of oil production slated for 2020 if it is to benefit from the resource, according to the United …

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Ethiopian Airlines to purchase 10 new aircrafts

Kampala, Uganda | THE INDEPENDENT | Africa’s fast growing carrier, Ethiopian Airlines, has signed a purchase agreement with Bombardier for 10 new Q400 aircrafts. Bombardier Commercial Aircraft said on April 27 that the value of the transaction is worth US$332 million. “The Bombardier turboprops continue to deliver unmatched performance to our …

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Real estate dealers demand fair rent law

Kampala, Uganda | THE INDEPENDENT | As parliament warms up to legislate about the Landlord-tenant Bill, the Association of Real Estate Uganda says it is not against the bill but wants one that is fair to all parties. Speaking at a workshop in Kampala in which over 50 members took part …

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Stanchart opens Uganda’s first digital bank

Kampala, Uganda | THE INDEPENDENT | Customers of Standard Chartered Bank are experiencing new service of a full-fledged digital bank recently opened in Ntinda, a Kampala suburb. The Bank’s Managing Director, Albert Saltson, said the new digital branch, located at the Vivo Energy Petro Service Station and fully equipped with digital …

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Earthquake kills four in S.Africa mine

Johannesburg, South Africa | AFP | Four miners were killed and three others were trapped underground after an earthquake hit a gold mine outside Johannesburg, its owners said Friday. Thirteen miners were initially trapped about three kilometres (two miles) below the surface, James Wellsted, spokesman for mining company Sibanye-Stillwater, said …

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Prof Mulengani to Ugandans: Up your competitiveness

Kampala, Uganda | THE INDEPENDENT | Renowned management scholar, Prof. Allan Katwalo Mulengani, says Ugandans have to up their competitiveness in the marketplace or else they will be overrun by foreign interests. Mulengani, the Director of Nairobi-based Abacus Business School, was speaking at a business banking breakfast meeting organized by …

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Madhvani Foundation launches Sh700m 2018/19 scholarship program

Madhvani Foundation has invested six billion shillings so far in Uganda’s University Education Kampala, Uganda | JIMMY SIYA | The Madhvani Foundation on Wednesday announced the 2018-2019 Scholarship annual award worth Sh700 million . The Initiative reintroduced in 2003 has so far offered over Sh6.5 billion and supported over 2000 Ugandan …

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