Uganda’s Ministry of Lands, Housing and Urban Development together with IGN FI, and supported by the World Bank, have organized a two-day international conference on ‘Implementation of the National Land Information System: Sharing Experiences, Innovations and Good Practices.’ According to Uganda’s Minister of Lands, Housing and Urban Development Betty Olive Namisango Kamya, this is the […]
Firms and governments must increasingly internalize the possibility – indeed, I would argue, the overwhelming probability – of an acceleration of four secular developments that influence what business and political leaders do and how they do it. Decision-makers should think of these trends as waves, which, especially if they occur simultaneously, could feel like a […]
Standard Chartered Bank Uganda organized a Manufacturers’ Business Forum for over 150 manufacturers’ and various stakeholders with the aim of providing a platform for market players to network, share forward-looking insights and best practices. The forum themed “Practices for Sustainable Business Growth” brought together subject matter experts and leading manufacturing businesses to deliberate on current […]
SWIFT will hold an open API hackathon at its annual African Regional Conference (ARC), taking place on 21-23 April in Cape Town, South Africa. The hackathon aims to identify new solutions to reduce cost in cross-border payments into and within Africa. The hackathon is open to developers and engineers working in the financial sector who […]
53% of Africans surveyed think that trusting emails from people they know is good enough; 28% have fallen for a phishing email and 50% have had a malware infection; 64% don’t know what ransomware is and yet believe they can easily identify a security threat; 52% don’t know what multi-factor authentication is. The 2019 KnowBe4 […]
The shilling lost ground against its US counterpart in yesterday’s choppy trade on account of a pickup in demand. The activity was heavy on-demand counter while foreign currency inflows dried up, pushing the USDUGX pair higher to the 3660-3680 band. Looking ahead, we see the home unit trading within the current ranges, albeit with a […]
Somaliland is uncomfortable with a push by Ethiopia Prime Minister Abiy Ahmed to visit the country alongside Somalia president Mohamed Abdilahi Farmajo. Abiy Ahmed had late last week requested to visit Somaliland capital Hargeisa alongside Farmajo. This came days after the Ethiopian PM had succeeded in having Somaliland leader Musa Bihi and Farmajo meet at […]
DP World Ltd.’s parent company Port and Free Zone World has offered to acquire the 19.55 per cent of the port operator’s shares traded on Nasdaq Dubai, returning the company to private ownership. DP World stated the disadvantages of staying listed on the stock exchange outweigh the benefits. The move will enable DP World to […]
In my 2010 book, Crisis Economics, I defined financial crises not as the “black swan” events that Nassim Nicholas Taleb described in his eponymous bestseller, but as “white swans.” According to Taleb, black swans are events that emerge unpredictably, like a tornado, from a fat-tailed statistical distribution. But I argued that financial crises, at least, […]
The Uganda shilling continued its bullish trajectory against the dollar on the first day of the week, boosted by ample dollar supply. The FX market was positive for the local unit, with the USDUGX trending lower early in the session. Despite some demand from the corporate desk seeking to nip the buck at the enticing […]
It used to be an unwritten rule of US politics that a socialist could never qualify for high national office. But now a self-proclaimed “democratic socialist,” US Senator Bernie Sanders, is the leading candidate for the Democratic presidential nomination. Should America embrace the change? Democrats have made the primaries about much more than US President […]
Butabika National Psychiatric Hospital is in an advanced stage of acquiring a modern Magnetic Resonance Imaging (MRI )X-ray machine. The new machine will support the hospital in improving its capacity to carry out specialized diagnostic services to their clients. According to Dr David Basangwa, the Hospital’s Executive Director, the machine is expected to cost UGX […]
Around the world, governments are succumbing to the allure of biometric identification systems. To some extent, this may be inevitable, given the burden of demands and expectations placed on modern states. But no one should underestimate the risks these technologies pose. Biometric identification systems use individuals’ unique intrinsic physical characteristics – fingerprints or handprints, facial […]