The Governor Bank of Uganda, Emmanuel Tumusiime Mutebile has said the level of external political interference contributed to Bank of Uganda holding back on its supervision roles hence leading to Banks insolvency or failures. Mutebile, who was speaking in Fort Portal this week said “The bank failures were not a supervision problem. The level of […]
As Uganda prepares for the development stage in the Oil and Gas sector, Stanbic Bank has hosted the second edition of the Enterprise Conference which focused on providing a platform for Small and Medium Enterprises (SME’s) to exchange ideas on how SMEs can tap into Uganda’s nascent Oil and Gas. The second edition of the […]
As part of recent reforms efforts, Ethiopia’s energy sector is opening up for international investment. Recently, Ethiopia’s Ministry of Finance inaugurated a new directorate for Public-Private Partnerships to oversee the development of six mega solar projects worth $800 million, as well as the 17 hydropower sites expected to be developed by IPPs. According to officials […]
It has been described as ‘the Lord’s of East Africa’ – now Rwanda’s national cricket stadium is bowling over engineering and architectural experts across the globe. In the latest accolade, the highly-acclaimed Kicukiro Oval in Kigali has received the prestigious Institution of Structural Engineers’ 2018 award for small projects under £1m. It is one of […]
Uganda has made considerable progress in increasing primary school enrolment, but access to quality basic education remains low especially for poor families and those living in remote rural areas. According to “Facing Forward: Schooling for Learning in Africa,” a World Bank study that assessed the quality of education in Africa, learning levels in Uganda remain […]
President Yoweri Museveni has objected to the proposal by Uganda’s Chief Justice Bart Katureebe that there is a need to hire more judges, saying the existing judges are overworked hence the increase in case backlog. While officiating at the 21st Annual Judges Conference that was held at the Serena Conference Centre in Kampala the President […]
The government of Uganda has said that it has no intention to ban Sports Betting in the country. Finance Minister Matia Kasaija said in Kampala that their intention is to have the activity limited to only Ugandans. “We don’t intend to ban the Sports Betting activity but what we want is the activity to be […]
A total of 16 global export business agreements amounting to an estimated R338 million in export value has been secured by Cape companies in Quarter 3 of the 2018/19 financial year. Altogether, these export business agreements will assist in facilitating 203 new local jobs. This brings the total value of export business agreements signed to […]
WASHINGTON – The U.S. government shutdown, continues to affect a quarter of federal agencies, eclipsing all the previous 20 such closures to become the longest in the country’s modern history. The shuttering stemmed from a budget standoff, in which President Donald Trump requested 5.7 billion U.S. dollars for building a wall along the U.S.-Mexico border, […]
LILONGWE- Prejudiced subjection of Malawi’s cultural symbols and expressions to represent or to belong to particular geographical localities than national, challenges the country’s desire to define its collective identity, Chairperson for the Foundation for Arts and Culture (FoAC), Serman Chavula has noted. But, a Malawi Human Rights Commission (MHRC) report titled “Cultural Practices and their […]
Cash is to a business what oxygen is to a body – it simply cannot survive without it. Nothing is as important to the financial health of a growing small business as reliable access to the required level of cash. If the cash dries up, the business will not be able to operate. According to […]
Conducting performance appraisals can be nerve-wracking for even the most seasoned professionals; and especially for new managers. Balancing firmness and humility, openness to feedback and the ability to admit to mistakes are some leadership competencies that need mastering. How should they prepare themselves for the task? With appraisal season comes the need for managers to […]
More and more Ugandan citizens are interested to travel abroad these days as the appeal of international holidays and work-related trips remains strong. According to a recent report from the credit card company Visa, the overseas spending of Ugandans is expected to double over the next decade. As travelling becomes an increasingly popular activity, there […]