Human resources is no longer just a support system for your businesses and organisations. It is a key driver of growth and competitiveness. High performing organisations are profoundly aware of the critical role human resources plays in activating their overall success and continuously reimagine new ways to leverage its full potential. Through its various functions […]
Nairobi, Kenya, 20 February 2023 – Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern African (CESA) and Managing Director, Ecobank Kenya. Her appointment has since received clearance from the Central Bank of Kenya. Mrs. Anan-Ankomah leaves her role as Ecobank Group Executive, Commercial Banking. […]
The year 2022 saw an increase in the involvement of the working population in agriculture, with over 80% involved in agriculture, forestry, and fishing. Women unlike men embraced agriculture and its benefits. Over 70% of the females in the working population are involved with 7/10 women whereas just 58% of the males in the working […]
Addis Ababa, 15 February 2023 (ECA) – Acting Executive Secretary of the Economic Commission for Africa (ECA), Antonio Pedro, has urged African nations to accelerate implementation of the African Continental Free Trade Area (AfCFTA) in order to become more resilient and globally competitive. “Only through an accelerated and effective implementation of the AfCFTA can Africa […]
The United Nations Development Programme (UNDP) and Somalia have launched an ambitious solar minigrids program to increase access to electricity in the country. UNDP Resident Representative in Somalia Jocelyn Mason said in a joint statement released Monday evening in Mogadishu, the capital of Somalia, that 65 percent of people don’t have access to electricity in […]
Samuel Nabwiiso, The East African Community (EAC) has secured US$1.4 million for a feasibility study on a key section of the Northern Transport Corridor linking the Republic of Kenya and the Republic of Uganda. The EAC Deputy Secretary General in charge of Planning and Infrastructure, Eng. Steven Mlote, disclosed that the funding from the African Development […]
KAMPALA UGANDA: February 7th, 2023: The Private Sector Foundation Uganda (PSFU) in partnership with Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment etc. is organizing the Uganda – South Africa Trade, Tourism, and Investment Summit to take place on February 27th – 1st March 2023 in Pretoria, South Africa. The Business Summit will […]
The Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group has issued a guarantee of $5.67 million to cover Kube Energy’s equity and debt investments in Kube Energy Somalia LLC for a period of up to 15 years against the risks of expropriation and war and civil disturbance. This is MIGA’s first project in […]
Addis Ababa, 31 January 2023 (ECA) – The Economic Commission for Africa – a think tank with specialist expertise in African and international trade policy – has recommitted to helping Ethiopia’s trade policy agenda that aims to foster industrialization and sustained economic growth. Although Ethiopia remained outside the regional and global trading regimes for a […]
Accra, 29 January 2023 (ECA) – Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the Protocol on the movement of people. The Agreement has, thus far, been signed by fifty-four of the fifty-five African […]
KCB Bank Uganda, through its revamped online banking platform, has provided a mobile loan of up to UGX 5 million that can be accessed by parents as they prepare for school fees payment. The KCB Mobi loan is a collateral free financial solution offered on the Bank’s mobile-based banking through the Unstructured Supplementary Service data […]
24th January 2023, Kampala, Uganda – Sanlam Uganda, a provider of cutting-edge insurance and financial services in Uganda today announced entries for the 2022 Sanlam Awards for Excellence in Financial Journalism, one of the leading prizes in Africa recognising exceptional business journalism since 1974. New ESG category to provide focus on Africa’s sustainability issues Entries […]
KAMPALA, January 25, 2023: Uganda’s oil industry registered another key milestone on January 24, 2022, with the launch of the spudding (commencement of drilling of the oil wells) for the Kingfisher oil field. CNOOC Uganda Limited operates the Kingfisher field on behalf of the Joint Venture Partners TotalEnergies E&P and Uganda National Oil Company (UNOC). […]