Business – Page 38

Jul132021 by Abel kawereNo Comments

Another Covid 19 Medicine Discovered By Gulu University, Cures in 72 hours

Business, FEATURED, Health, Latest News, NEWS

With the Covid-19 pandemic ravaging on, the country’s top learning institutions have engaged in a race to bring forward remedies to the horrific pandemic. The leading Universities in Research and Innovations have showcased their worth in working round the clock in various ways to mitigate the ruthless virus. The latest development is by Gulu University that has delivered good news of hope with a discovery of a Covid-19 Herb that allegedly cures corona virus in 72 hours. The herb (Covilyce) is awaiting approval from the National Drug Authority but has already worked wonders on over 100 patients. Dr Alice Veronica Lamwaka, the principal of the Pharmaceutical Biotechnology and Traditional Medicine Centre of Excellenc at Gulu University says the University’s herbal COVID-19 treatment drug wi...

Jun272021 by Abel kawereNo Comments

Fish scarcity causes looming poverty at Katosi landing site.

Business, FEATURED, Latest News

Fishermen at Katosi landing site in Mukono, have expressed fear of looming poverty due to scarcity of fish coupled with a drop in prices of fish during lockdown. The few fishermen at the landing are also stranded with their catch, especially the silver fish dealers due to lack of market. We have the details A visit to Katosi landing site in Mukono district clearly shows that business activity at the once busy fish mart has gone down following the 42 days lockdown. Hundreds of boats are docked at the shores because many of the fishermen have vacated the place. Gonja Fred a fisherman says that they do not know how they will survive during the 42 days lockdown. As a result, cases of theft have gone up at the landing site since many of the youth have since been rendered jobl...

Jun42021 by Abel kawereNo Comments

Huawei Launches a Range of New Products Powered by Harmony os2

Business, FEATURED

Nearly 100 devices to support HarmonyOS 2 [Shenzhen, China, June 2, 2021] Huawei launched a range of smartphones, smart watches, and tablets powered by its new HarmonyOS 2 operating system today, including a new version of the HUAWEI Mate 40 Series and HUAWEI Mate X2, the HUAWEI WATCH 3 Series, and the HUAWEI MatePad Pro. At today's event, Huawei also released the HUAWEI FreeBuds 4, its next-generation open-fit Active Noise Cancellation (ANC) wireless Bluetooth earbuds, and two high-end monitors, the HUAWEI MateView and the HUAWEI MateView GT. The company took this opportunity to announce that roughly 100 other Huawei devices – including both smartphones and tablets – will be upgraded to run on HarmonyOS 2, giving consumers access to a seamless intelligent experience across multiple...

May212021 by Abel kawereNo Comments

Rent fraud: SEATED IN Rwenzori Bottling Company Limited

Business, FEATURED, Latest News

Rent fraud: SEATED IN Rwenzori Bottling Company Limited Rwenzori Bottling Company Limited has petitioned the High court in Kampala seeking to recover Shs 96 million which it allegedly paid to the wrong landlord. Through AF Mpanga and Company Advocates, the company sued Green Africa Recycling Limited, a company which interchangeably calls itself Green Africa Recycling SMC Limited which presented itself as the owners of the property located at plots 58, 59, and 63 on Kyambogo road. Rwenzori is also suing Wilson Sendegeya, one of the officers working for the said company, and John Musoke Ssenyonga, who late came up to claim ownership of the same property. Court records indicate that Rwenzori rented the mentioned premises on January 16, 2020, to operate a recycling facility. The tena...

May122021 by Abel kawereNo Comments

Man City have been crowned 2020-21 Premier League champions after Man United’s 1-2 defeat to Leicester City

Business, FEATURED, SPORTS

The Blues clinched their third league title under Pep Guardiola after Leicester beat Manchester United on Tuesday night, meaning it became mathematically impossible for any side to catch City at the top of the table. It's been another remarkable season for City and they've delivered some outstanding performances this term on their way to clinching the Premier League trophy, overcoming a lacklustre start to climb up the league table in swashbuckling style. There have been numerous memorable results this campaign, but City's dominant 3-1 win against Chelsea in January had them believing it was their year, while their emphatic 4-1 defeat of Liverpool at Anfield in February put them on the path to glory. Those two results are just two wins among many special moments, and of cours...

Apr102021 by Abel kawereNo Comments

Uganda to sign final oil deal with Total E&P and CNOOC on Sunday

Business, FEATURED, NEWS, Oil & Gas

Uganda will close the long-awaited Final Investment Decision (FID) with international oil companies Total E&P and CNOOC on Sunday.The decision will unlock billions of dollars of investment in Uganda’s oil and gas sector. Total chief executive Patrick Pouyanné, is expected in the country over the weekend, according to officials from Uganda’s energy ministry. The deal will also pave way for the construction of the 1440km crude export pipeline from Western Uganda to the Tanzanian Indian Ocean Port of Tanga, a key piece of infrastructure needed to get the east African country’s oil out of the ground and on to international markets. Tanzania’s President Samia Suluhu Hassan is also traveling to Kampala to take part in the three-way talks that should culminate in the signin...

Apr72021 by Abel kawereNo Comments

FORTEBET CELEBRATES EASTER IN FORTPORTAL, BUNDIBUGYO IN STYLE

Business, FEATURED, Latest News, NEWS

by elite sports desk It was a colourful Easter celebration for hundreds of people in Fortportal, Bundibugyo and Nyahuka after Fortebet ‘showered’ them with lots of exciting gifts. It all started at Nyahuka-near Uganda-DRC boarder where Fortebet gave out Techno phones, club jerseys, T-shirts, caps, bodaboda reflector jackets among others. The same was also done at Bundibugyo and Fortportal. Fortebet also donated balls to Kambugu Primary School, handed over to the headmistress, Christine Alinaitwe. The gifts were given out by Fortebet’s Media Manager, John Nanyumba. “There is no better way to celebrate this year’s Easter than this. We have been here before and we promise we shall always come back and appreciate you, even after Easter is gone,” Nanyumba said while speaking to cl...

Mar302021 by Abel kawereNo Comments

Discover yourself: Uganda’s David Katumwa

Business, FEATURED, Latest News, NEWS

When David Katumwa started selling pancakes as a child in a village near Uganda's capital, Kampala, little did he imagine that one day he would own his country's most successful chain of sports shops. Born into a very poor family, his pancakes helped him to pay his school fees until tough times forced him to abandon his studies. But he continued with the business hustle and moved on to sell vegetables, fish and eventually second-hand sports shoes. Then - with a start-up capital of $50 (£32) - he created the Katumwa Sports Centre in Kampala which now has 20 retail outlets across the country. "I never got any loans from either friends or money lending institutions," Mr Katumwa told the elite news reporter All he had was his brain and the time to consider the options before hi...

Mar252021 by Abel kawereNo Comments

Huawei releases Innovation and Intellectual Property white paper

Business, FEATURED, Latest News, NEWS

Excerpt: Huawei has published a new white paper focused on innovation and intellectual property at its Forum on Innovation and IP Prospects in 2021. Huawei has published a new white paper focused on innovation and intellectual property at its Forum on Innovation and IP Prospects in 2021. The white paper focuses on how Huawei has been a leader in innovation and intellectual property (IP) management since the 1990s. Read the full white paper here. This has been key to Huawei rising as one of the world’s most influential technology powerhouses. African consumers have benefited particularly from this, as Huawei has brought numerous impressive technologies to previously underserved areas on the continent. These range from mobile network technologies that are affordable and re...

Mar252021 by Abel kawereNo Comments

UNBELIEVABLE: KAJJANSI MECHANIC HAMMERS FORTEBET 228M FROM 1K

Business, FEATURED, Latest News

Kajjansi mechanic’s year 2021 has been officially opened up after winning a record 228 million. This is the first mega win in 2021, after last year closed with two billion winning clients. If you are amazed by the amount he won, you will then be more amazed by the stake he used to win it; ONLY UGX 1,000. On his ticket number 3106518624009999, he picked a long list of 45 matches which all won. The safety of his odds was his key to winning. He never minded about the weight of the odds, but rather their safety. For example, he included odd 1.05, 1.10, 1.11, 1.12 among others with his biggest odd being 1.97. His money was wholly paid to him on Tuesday at Kololo head office. While receiving his cash, the winner, whose identity has been withheld, said that, “I did not sleep the last ni...