Pan-African e-commerce giant Jumia Technologies is pulling the plug on its Jumia Food delivery service, opting to double down on its core physical goods business and JumiaPay payment platform. The decision, effective December 31st, 2023, impacts all seven markets where Jumia currently operates: Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria, and Ivory Coast. Jumia’s statement cites a…
In the rapidly advancing world of cryptocurrency, CGMD Miner has positioned itself at the forefront of sustainable and eco-friendly mining solutions. As global awareness around environmental impact intensifies, it is leading the charge in integrating renewable energy sources into the cryptocurrency mining process. Embracing Green Energy in Mining Operations CGMD Miner recognizes the critical importance…
Centenary Bank, the largest commercial microfinance bank in Uganda and StarTimes Uganda,a pioneer in pay TV, digital television set and solar solutions, are thrilled to announce the renewal of their strategic partnership following a highly successful year of collaboration. The partnership announcement was made by Fabian Kasi the Managing Director of C entenary bank together…
Uganda Revenue Authority (URA) enforcement team has closed off several consolidation centers in the areas of Pallisa, Butebo for possession of smuggled items. According to Godson Mwesigye, the URA Manager of Enforcement Operations in Mbale, they recovered 50 cartons of wheat flour and 30 bags of rice from Kenya. Mwesigye said that after the discovery,…
The Uganda Investment Authority (UIA) has set up a one-stop center to quicken the time for investors and businessmen to register businesses. Evelyn Anite, the State Minister of Finance for Investment and Privatization, made the revelation while addressing the press on Thursday, November 23, 2023, at the Uganda Media Centre. Anite said that the one-stop…
Gulu district is facing financial challenges due to a significant drop in local revenue following a presidential directive against the sale of forest products, severely impacting its economy. The District Speaker Phoebe Ayoo highlighted the directive’s adverse effects on the economy, coupled with the detachment of the City from the District, which relied heavily on…
President Yoweri Museveni is impressed by the supersonic speed under which Convention Centre is being constructed ahead schedule as the country gears up to host the Non-Alignment Movement conference. The conference will take place next early year The head of state said this while touring the construction site at Commonwealth Resort Munyonyo yesterday. He also…
Good roads have become emblematic of a nation’s commitment to progress, offering smoother travel for citizens and visitors alike. The list is courtesy of the International Monetary Fund. The World Bank calls roads the arteries through which the economy pulses. Roads link up producers with markets, get workers to their jobs, help students get to…
The people of Uganda have been named as the biggest pork consumers in Africa and second globally. According to the Daily Monitor Uganda’s big appetite for pork was disclosed by the International Livestock Research Institute (ILRI). On average one Ugandan eats 3.5 Kg of Pork annually, the East African nation is the biggest pork consumer in Africa…
In the ever-changing world of cryptocurrency, every day brings new opportunities and developments. One of the most interesting and promising innovations is cloud mining, a method of mining cryptocurrencies that offers huge benefits to investors and supporters of cryptocurrencies. The leader in this field is the company CGMD Miner, which specializes in cloud mining services.…
