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DFCU Results Ignite Spark in Share Price
The announcement last week by dfcu Group, that the company had registered a 47% growth in profits, sparked activity on the company's share price, registering a 4.52 percent increase on March 1, the same day the Group officially released the results. Dfcu bank, one of Uganda's financial institutions, on March 1, announced that net profits had surged by 47 percent from Shs13.14 billion ($6.5 million) in 2008 to Shs19.28 billion ($8million) in 2009.
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E-Trading Gains Pace
The new electronic system launched by the Uganda Securities Exchange that started with the opening of accounts is gathering pace.
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Landslides - Experts Warn Worst is Yet to Come
Fourteen-year-old Isaac Wadyegere of Bundesi village in Bududa district woke up to a rainy and chilly Monday morning and went to school as usual.
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Indians Buying Zain This Month?
Kuwaiti-based Zain, which was last year a headlines maker after its July announcement that it was looking at its options in Africa including a possible sale of its networks, is back in the news.
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UPC to Get New President in Two Weeks
Under the August 1970 Uganda Peoples Congress constitution, the delegates conference elects the party president who serves a seven-year renewable term of office. The president in turn nominates the different central executive office bearers of the party. On March 6, UPC will hold its long awaited delegates conference after overcoming a court injunction. In spite of the internal conflict, all seems set for the day. The party's national conference held a fortnight ago resolved that elections for the party president be held immediately.
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Govt Should Walk the Talk on National Unity
On February 26, the Uganda African Peer Review Mechanism national governing council held the third good Governance Forum in Kampala. Its theme was "fostering unity in diversity in Uganda."
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Are Electoral Commissioners Cadres of the NRM Party?
This March might turn out to be the most important month in the run up to the February 2011 presidential and parliamentary elections.
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Mao Faces Big Test on DP Factions but Sebaggala is His Least Worry
Hajji Nasser Ntege Sebaggala rose from obscurity to political prominence. Previously, his popularity was confined to Kampala where he was only known as a versatile businessman owning a chain of enterprises in the city. But beyond the city confines, virtually nobody knew about Sebaggala, now the city mayor, who wanted to take the DP top seat to usher himself into the race for national presidency.
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Women Lack Voice, Even in Parliament
On February, 2006, the Uganda Women's Network (UWONET) led other women NGOs to the launch of the Women's Manifesto 2006 at Hotel Africana in Kampala.
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Mao's Election and Secession of the Nile State
I was watching a film titled 'Schindlers's List' with my wife last week and she ended up crying. The movie is about the horrors of living in a Nazi or Hitler dictatorship and the way the Jews were humiliated and killed. It portrays a kindness of the human condition that many people, today, are not happy with. After watching the film, my mind just switched straight to the president of one of the DP factions, Norbert Mao, and what the people of northern Uganda have endured for the last 20 years since President Yoweri Museveni took power in 1986. Mao is quoted to have said in the Sunday Monitor of February 21: "We are either full citizens, equal to all others, or non-citizens. The idea of the Nile State is actually a challenge to the Uganda government that we did not choose to be Ugandans...." This was in response to...
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