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Drug maker CQCIL raises Shs155b in IPO

The Ugandan drug make Cipla Quality Chemical Industries Limited has (CQCIL) has raised Shs155 billion (US$41 million) from its initial public offering (IPO) that...

Oil will be a major driver of logistics growth in Uganda

In 2006, Uganda confirmed that it had discovered oil. It was a moment that would continue to define Uganda’s future. During the period of...

Uganda maintains 3.6 score in latest World Bank CPIA report

The World Bank has released a new Country Policy and Institutional Assessment (CPIA) for Africa - an annual diagnostic tool which measures the quality...

KCCA cancels this year’s festival amidst accountability

Kampala Capital City Authority has cancelled its annual street party festival that was scheduled to take place in October this year peddled to improvement...

MTN in more trouble for failure to pay taxes

The government of Nigeria is seeking about US $2 billion in back taxes from MTN Group, another curve ball directed at Africa’s biggest wireless...

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