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Business

New law increases share capital for foreign exchange business

Views: 2 L-R: Hon. Kakunda, Hon. Musasizi and Hon. Kiryowa Kiwanuka in consultations over the Foreign Exchange Bill prior to its passing Investors in the foreign exchange business will now be required to have a minimum paid up share capital of Shs200 million to carry out the business of dealing in money transfers. This is […]

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African Development Bank to make US$11 million equity investment in BluePeak Private Capital Fund

Views: 0 Featured Photo:The Guardian By investing in BluePeak, the African Development Bank will support an indigenous fund manager with a strong knowledge of African markets to invest in underserved small and mid-size companies ABIDJAN, Ivory Coast, June 30, 2023/ — The Board of Directors of the African Development Bank Group (http://www.AfDB.org) has approved an

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GOOGLE’S FIRST WEST AFRICA DIRECTOR, DR. JULIET EHIMUAN, EXITS COMPANY One of the most prominent women in African tech — and Google’s pioneering West Africa Director — has left the company after 12 years.

Views: 0 One of the most prominent women in African tech — and Google’s pioneering West Africa Director — has left the company after 12 years.  LAGOS, JUNE 30 – Dr. Juliet Ehimuan, one of the most prominent African women in tech and an instrumental leader in Google’s regional growth, has announced her departure from the

GOOGLE’S FIRST WEST AFRICA DIRECTOR, DR. JULIET EHIMUAN, EXITS COMPANY One of the most prominent women in African tech — and Google’s pioneering West Africa Director — has left the company after 12 years. Read More »

Africa’s Business Heroes Prize Competition 2023 Announces Top 50 Candidates

Views: 0 27,267 applications received from across all 54 African countries, the highest since ABH’s inception KIGALI, Rwanda, June 26, 2023/ — The Africa’s Business Heroes (ABH) (https://www.AfricaBusinessHeroes.org) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy to recognize and uplift African entrepreneurs, has announced the top 50 finalists (https://apo-opa.info/3PvMAML)

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Building a Strong Financial Foundation: How Savings Banks Help Entrepreneurs Start and Grow Their Businesses

Views: 0 Credit:Unsplash.com There is more to being a successful entrepreneur than just having a great concept or the guts to start an enterprise. Among other things, it involves laying down a stable financial foundation. When it comes to starting and running a business, a solid financial foundation is often the deciding factor between success

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PRESIDENT MUSEVENI MEETS KARACHUNA, URGES THEM TO EMBRACE GOVERNMENT PROGRAMS TO TRANSFORM KARAMOJA

Views: 0 President Yoweri Kaguta Museveni has asked the Karachuna (reformed Karimojong warriors) to stop the tendency of cattle rustling among the Karimojong clans and in the neighboring areas in order to help the government plan better for the sub-region. The President made the request on Tuesday 20th June 2023 while meeting a group of

PRESIDENT MUSEVENI MEETS KARACHUNA, URGES THEM TO EMBRACE GOVERNMENT PROGRAMS TO TRANSFORM KARAMOJA Read More »

Lens on Life shortlisted for Young People Programme (YPP) Partner of the Year Award at the Global Good Awards 2023

Views: 0 Founded in 2015, the Global Good Awards reward businesses, NGOs, charities and social enterprises of all shapes and sizes around the world DUBAI, United Arab Emirates, June 20, 2023/ — Lens on Life has been shortlisted for the YPP Partner of the Year Award at the Global Good Awards 2023 for its Young

Lens on Life shortlisted for Young People Programme (YPP) Partner of the Year Award at the Global Good Awards 2023 Read More »

Smile Explains the 15-Month Service Outage and Apologises to Valued Customers

Views: 0 The outage was a result of American Towers Corporation (“ATC”) disconnecting the Smile network illegally contrary to ATC’s license obligations KAMPALA, Uganda, June 20, 2023/ — Smile (www.SmileComs.com), the pioneering provider of 4G LTE services in Uganda and East Africa, has experienced a service outage since January 31, 2022. For this, Smile wishes

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Radisson Hotel Group debuts its luxury brand in Egypt with the signing of Radisson Collection Resort, Marsa Alam Port Phoenice

Views: 0 Radisson Collection is a unique collection of iconic properties, reflecting an authentic local influence, living design, and vibrant social scene DUBAI, United Arab Emirates, June 20, 2023/ — Radisson Hotel Group (www.RadissonHotels.com) announces the signing of Radisson Collection Resort, Marsa Alam Port Phoenice in Egypt. This signing debuts Radisson Hotel Group’s third brand

Radisson Hotel Group debuts its luxury brand in Egypt with the signing of Radisson Collection Resort, Marsa Alam Port Phoenice Read More »

INOI Showcases Innovative Product Line-up and Unveils Future Plans at GITEX Africa 2023

Views: 1 The brand and the new products line-up received a very positive response from the public, anticipating the company’s entry into African markets MARRAKESH, Morocco, June 23, 2023/ — After a successful participation at GITEX Africa 2023, INOI (www.INOI.com) is delighted to share the highlights and results of the event held in Marrakech, Morocco

INOI Showcases Innovative Product Line-up and Unveils Future Plans at GITEX Africa 2023 Read More »

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