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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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Cross-Border Investment Strategies

Cross-Border Investment Strategies

Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u

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Court rules NUP not entitled to IPOD cash after boycotting forum.

Court rules NUP not entitled to IPOD cash after boycotting forum.

Kampala, Uganda: The High Court in Kampala has dismissed with costs a case in which the opposition National Unity Platform (NUP) sought to compel government to allocate it funds under the Interparty Organisation for Dialogue (IPOD) arrangement.In the ruling, the presiding Judge

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Busega-Mpigi Expressway project loan approved.

Busega-Mpigi Expressway project loan approved.

The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliam

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Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper

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How Bitcoin Could Help You Retire a Millionaire

How Bitcoin Could Help You Retire a Millionaire

Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, conven

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The price of gold is skyrocketing

The price of gold is skyrocketing

Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao

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Kenzo Considers Resignation from Federation Presidency over SACCO Money

Kenzo Considers Resignation from Federation Presidency over SACCO Money

Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the position because of the Ministry of Finance’s plan to prevent

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US property tycoon's £36m family home must be sold in bitter divorce battle, High Court judge rules

US property tycoon's £36m family home must be sold in bitter divorce battle, High Court judge rules

A US billionaire’s £36 million former family home in west London must sold with the profits handed to his wife in their bitter divorce saga, a

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Ugandans in UAE Raise Funds to Repatriate Body of Martha Nalukwago

Ugandans in UAE Raise Funds to Repatriate Body of Martha Nalukwago

Ugandans living in the United Arab Emirates have come together and raised over Shs 10 million to help repatriate the body of their colleague Martha Nalukwago, who reportedly passed away after a short illness.According to sources, Martha’s relatives back

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