Business

Russian tycoon identified as Mr Igor Rybakov fired up the global business forum after throwing cash worth $20k equivalent to over UGX72 million in to audience at Gazprom Arena (stadium in St Petersburg) Russia. Check also: City Tycoon, Patrick Bitature Calls For Training Of Graduates Many people struggled to pick up the money, which was in 1 USD bills, as the ...

Daniel Birungi Uganda Manufacturers Association (UMA) Director has lauded president Yoweri Museveni for His efforts towards opening once again Rwanda market as part of East Africa Community regional integration. He says this will afford Uganda manufacturers opportunity to sale to neighbouring EAC and improve business relations. “I wish to personally thank the president for great efforts that have enabled us ...

Kenyans are most likely going to grab an opportunity to be part owners in a global marijuana firm Bangi Inc, if it gets cleared on one of Africa’s biggest stock exchange market, Nairobi Securities Exchange (NSE). Check also: Jumia Lists On New York Stock Market Mathew Knowles, The father of America’s popular musician Beyonce Knowles alongside other American celebrities who are ...

It’s rare for a company to just sack all employees, but this time around, the East African Portland Cement Company (EAPCC) revealed that it’s entire staff is extremely lazy and that’s why it’s firing the entire workforce and ordering them to reapply under fresh terms and conditions. Check also: Microsoft Will Soon Layoff 17000 Employees Worldwide In a major retrenchment decision ...

Uganda loses about sh 1trillon annually in leather sector exports due to inefficiencies, Makerere University Don Prof John Kabasa has said. Speaking at inter-university conference on leather and leather products at Kyambogo University, Kabasa said despite the huge demand for leather products on global scale Uganda still hovers behind in leather exports and lacks capacity to increase production and technology ...