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Founder of Riham maker buys Lugogo Mall

Founder of Riham maker buys Lugogo Mall

Yasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo MallYasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo Mall, which currently houses some of the largest retail outlets in Uganda, including

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Alexander Isak deal done, Kylian Mbappe signs – Liverpool's dream transfers under Elon Musk

Alexander Isak deal done, Kylian Mbappe signs – Liverpool's dream transfers under Elon Musk

News of Elon Musk's interest in a Liverpool takeover has sparked speculation of what transfers could be possible under the ownership of the SpaceX founder - and the sky is the limitElon Musk could deliver a string of dream transfers to Anfield if he buy

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Coffee boom: The Backbone of livelihoods in Bugisu

Coffee boom: The Backbone of livelihoods in Bugisu

Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof

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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

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Minister Lokeris Warns Karamoja Against Unnecessary Sale of Land

Minister Lokeris Warns Karamoja Against Unnecessary Sale of Land

The Minister for Karamoja Affairs, Mr. Peter Lokeris Aimat, has warned locals in Karamoja to desist from selling land, adding that the land belongs to the people of Karamoja but not to an individual. Mr. Lokeris was speaking on Sunday during a community dialogue to bless the opening of the Ka

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Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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Tanzania President Samia eyes more Chinese loans at this year’s Focac

Tanzania President Samia eyes more Chinese loans at this year’s Focac

President Samia Suluhu Hassan will visit China in September for the Forum for China-Africa Cooperation (Focac), where she is expected to sign new loan deals as Tanzania begins to implement a freshly revised foreign policy.According to the Ministry of Fore

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