Category: Business
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Kenya’s CMA Introduces Electronic IPOs on Nairobi Securities Exchange
Summary: The Capital Markets Authority (CMA) has introduced a new avenue for prospective firms to list shares on the Nairobi Securities Exchange electronically, aiming to streamline the initial public offering (IPO) process, minimize time and costs for issuers, and safeguard investors against refund discrepancies. These initiatives form part of broader reforms orchestrated by the market…
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MTN Foundation Launches Second Edition of the “Help Children Be Children” Campaign in Mukono.
MTN Foundation, in collaboration with the Maendeleo Foundation and other significant stakeholders, has officially launched the second edition of its Help Children Be Children campaign. This initiative underscores MTN Uganda’s firm commitment to safeguarding children in the digital space by promoting online safety and creating awareness of potential risks. During the launch in Mukono, Leah…
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The 2nd Eritrean Diaspora Investment Conference: Strengthening Ties and Driving Growth in Uganda
The Eritrean Diaspora in Uganda is preparing for a transformative event—the 2nd Eritrean Diaspora Investment Conference and Festival. Scheduled for December 21, 2024, at Palace Play Park in Kampala, the event aims to celebrate the Eritrean community’s contributions to Uganda’s economy while fostering unity and cultural integration. Organized by the Office of the President in…
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Airtel Uganda ends Vroomula Amajja Campaign, Over 6,000 customers rewarded
Airtel Mobile Commerce Uganda Limited (AMCUL) has finalized its three-month nationwide rewards campaign dubbed Vroomula Amajja, an initiative designed to reward Airtel Money customers and agents while promoting the shift towards a cashless economy and promote financial inclusion. Throughout the campaign, customers were awarded prizes on a daily, weekly and monthly bases, including cash prizes,…
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Protecting Precious Cargo: Uganda’s Safe Zones Shielding School Children from Road Crashes
The introduction of safe school zones has sparked a transformative wave in road safety, significantly reducing road crashes and ensuring the safety of school-going children and pedestrians. This proactive initiative has addressed the pressing road safety issue and set a precedent for sustainable urban planning and community engagement. In the bustling streets of Kampala, where…
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English High Court orders Sudhir Ruparelia to provide guarantee to DFCU Bank
The English High Court recently made a significant ruling in the ongoing case between DFCU Bank and Crane Bank Limited (CBL), ordering Sudhir Ruparelia, a shareholder of CBL, to provide a personal undertaking and written guarantee to DFCU Bank. This undertaking ensures that Ruparelia will cover the costs incurred if DFCU Bank successfully defends the…
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Museveni urges businesses to utilise UDB for credit facilities
President Yoweri Museveni has encouraged business owners especially manufacturers and agriculturalists to opt for affordable credit provided by Uganda Development Bank (UDB). The president made the call while launching the new 600 MW hydropower project which now takes Uganda’s installed capacity to just over 2,000MW – up from 380MW in 2005. “Money from the banks…
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List!! 7 High-Earning Jobs You Can Do from Home in Uganda
With the rise of remote work, many Ugandans are seeking flexible and lucrative opportunities that can be done from the comfort of their own homes. Here are some high-earning jobs that can be done from home in Uganda, backed by facts: 1. Online Tutoring: With a growing demand for online education, you can offer your…