On October 20, 2016, Uganda's Central Bank, the Bank of Uganda (BoU) announced that it had taken over the management of Crane Bank Ltd after the bank became “a significantly undercapitalized institution.” On February 27, 2017, BoU announced the takeover of the now defunct Crane Bank by dfcu. However, a
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Uganda has for many years been ranked as a top tourist destination in the world. However, tourism numbers have remained relatively low, implying that the East African nation is yet to fully utilize this opportunity to cash in on its God-given resources and endowments. In an exclusive interview with Business
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EntrepreneurshipOpportunities
24 Ugandan, Kenyan Entrepreneurs to Benefit from Growthafrica’s Acceleration Programme
Applications are now open for the 2017 GrowthAfrica Acceleration Programme in Kenya and Uganda. The objective of the programme is to scale ventures, make them investment ready and to develop entrepreneurial leadership. The program targets ambitious, committed and innovative entrepreneurs. The programme invites applications from ventures that are: scalable and
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