Uganda’s Top 7 Multi-Millionaires

By Kwizera Deo Often times, it is challenging for several people to make money and uphold their businesses. Just as the years before, Forbes conducted a survey and its target was mainly towards 7 Ugandan  business men who are said to have founded businesses with an annual revenue of about $  50 million. There is literally no saying that says all men  should be equal. At a point where a big number of Ugandans are crawlling in the wells of poverty, some distinguished individuals have proven to Forbes that they…

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Hon. Amelia Kyambadde applauds Flower Companies on quality

By Drake Nyamugabwa Trade, Industry and Cooperatives Minister, Hon Amelia Kyambadde has applauded Rosebud Flower Company among the fresh flower companies involved in international flower market, saying that the accolades from such sophisticated sector by the international community should be maintained by all actors in the same business. She noted in an interview that Rosebud one of the flower companies in the lucrative flower industry has made the county’s name proud because of the international dealers who have continued to praise the quality of flowers on the market. ‘’We as…

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There is optimism that Uganda’s economy will grow in 2018- Analysts

By Drake Nyamugabwa Economic Analysts have said that Uganda is showing signs of resurgence in its economy.  They say; 2017 was a difficult year for most African countries, especially after a long dry spell that brought about a decline in the agricultural productivity. It was a challenging financial year as well with prevailing factors having drained the country’s revenues.Regardless of that, the state is bouncing back and would be among the countries in East Africa booking for a place in the competitive market. The consumer confidence is gradually rising that…

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Uganda among countries to benefit from WB private sector Investment Capital

By ABCafrica reporter Uganda is one of several countries in Sub-Saharan Africa that stands to benefit from a new World Bank financing facility that aims to support private sector access more affordable capital for investment. Speaking  during a workshop to brief private sector companies and Government of Uganda held at the Kampala Serena Conference Centre last Monday, the IFC Director for Sub-Saharan Africa, Oumar Seydi explained that the Private Sector Window (PSW) is intended to help private companies access more affordable capital for investment by providing additional guarantees to insure…

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