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Shilling gains slight momentum

Shilling gains slight momentum

There was some activity was seen during Friday’s overall session with the shilling gaining marginally to close the day’s session at the 3800/3810 levels as month-end inflows outweighed demand side activity, a report by Catherine

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Unstoppable: Dr Lamba’s rise above persecution to build a 20 billion empire

Unstoppable: Dr Lamba’s rise above persecution to build a 20 billion empire

The story of Agilitee’s founder, the African Billionaire who built a $20 billion green technology & AI firm, reads like a tale encapsulating the spirit of defying the odds, self-determination, commitment and unparalleled consistency. It

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Uganda’s GDP growth slows to 4.9% as import taxes decelerate – Absa report indicates

Uganda’s GDP growth slows to 4.9% as import taxes decelerate – Absa report indicates

Uganda’s real GDP expanded 4.9% in the second quarter of the year, marginally weaker than the previous quarter’s 5.1%, following a marked moderation in import taxes, according to the SSA Macroeconomics Research Instant Insights Report

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NWSC Rolls out E-Bills

NWSC Rolls out E-Bills

The National Water and Sewerage Corporation (NWSC) is phasing out physical bills and has introduced electronic-billing. The exercise is being piloted in a select NWSC service areas in Kampala. The Government of Uganda through the

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Ugandan Banks to bolster exports and post-Covid recovery with sh1 trillion export growth fund

Ugandan Banks to bolster exports and post-Covid recovery with sh1 trillion export growth fund

Uganda’s financial institutions under their umbrella body, Uganda Bankers’ Association (UBA) have unveiled a special Regional Export Facility (REF) to support Uganda’s exports and post Covid economic recovery. The move will also spur inflow of

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Dollar inflows prop up shilling

Dollar inflows prop up shilling

Tuesday’s session was quite active with some pockets of Corporate demand that were eventually outweighed by inflows from NGOs and Commodity exporters, Catherine Kijjagulwe, the Head of Trading at Absa Bank Uganda said in a

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Billionaire donates Agilitee shares to churches across the continent

Billionaire donates Agilitee shares to churches across the continent

FAST rising South Africa based industrialist and billionaire, Dr. Mandla Lamba  who commenced donating shares to the previously disadvantaged Africans in July 2022 right after the company he founded 4 years ago started an Initial

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<strong>Shilling weighed down by dollar demand</strong>

Shilling weighed down by dollar demand

The Ugandan shilling weakened on Tuesday, weighed down by dollar appetite from energy importers and manufacturers, traders said. A report by Centenary Bank noted that the shilling is forecast to weaken against the dollar. “The

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AFRICAN BILLIONAIRE BUILDS A GREEN ARK

AFRICAN BILLIONAIRE BUILDS A GREEN ARK

What started out as My Ride program has now evolved to Green Ark. The Billionaire launched My Ride a month ago and has now revamped the program and added amalgamated other opportunities. Green Ark has

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The PepsiCo Foundation’s support of She Feeds the World Programme in Uganda leaves lasting legacy in tackling gender equality in agriculture 

The PepsiCo Foundation’s support of She Feeds the World Programme in Uganda leaves lasting legacy in tackling gender equality in agriculture 

A partnership between the PepsiCo Foundation - the philanthropic arm of one of the world's leading food and beverage companies, and CARE – a global humanitarian organisation, has improved the food and nutrition security of

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