By Christopher Burke Small and Medium-Sized Enterprises (SMEs) are critical drivers of economic growth. SMEs are usually more efficient, flexible and dynamic than larger enterprises. Smaller enterprises can be more innovative and responsive to market needs and generally enjoy closer relationships with clients. Definitions of SMEs vary around the world.
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Uganda has emerged as the fastest-growing source of diaspora dollars flowing into Kenya. FILE PHOTO | SHUTTERSTOCK Uganda has emerged as the fastest growing source of diaspora dollars flowing into Kenya at a time the remittances from top global sources are slowing down on inflationary pressures squeezing earnings for citizens
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Kikuubo business hub in Kampala The headline Stanbic Purchasing Managers Index (PMI) reached its highest point this year, posting 57.4 during May, up from 55.4 in April as success in securing new customers had a positive impact on the Ugandan private sector. Meanwhile, this further expansion in new orders and
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Ramathan Ggoobi, the Secretary to the Treasury The government spent more money than it had planned in May 2023 despite the continued complaints of unfulfilled obligations especially on salaries and wages. The total planned expenditure for the month was Shillings 2.985 trillion, but it ended up spending Shillings 3.5 trillion
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The 11th Parliament approved loans to a tune of US$1,259.18 million (Shs4.671Trn) in 2022 that Government moblised through external borrowing. The details are contained in the Report on Public Debt, Grants, Guarantees and Financial Liabilities for 2022/2023 that highlighted that Parliament approved 9 loans by 31st March 2023. The first loan approved by
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Kato Lubwama (RIP) Funeral arrangements for Paul Kato Lubwama, an artist and politician, have sparked a lively debate about the criteria for receiving a Catholic funeral. The former Rubaga South Member of Parliament, a reported believer in traditional religion, died on Wednesday, June 7, after a short illness. There has
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Solar installation at Bulangira, in Kibuku District The Ministry of Water and Environment (MWE) has recorded significant achievements in fulfilling the NRM 2021-2026 Manifesto Commitments. Below is the scorecard for the Ministry of Water and Environment in the last few years and focus areas in the next three years; The
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Director of Public Prosecutions Noordin Haji speaks in a panel discussion on inequality during a past meeting hosted by The Ford Foundation. FILE PHOTO | DIANA NGILA | NMG The gap between Kenya’s richest and poorest widened after a dip during the peak of the coronavirus pandemic, with the wealthiest
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Coffee Production increased from 8.06 million 60kg bags in FY2020/21 to 8.45 million 60kg bags in FY 2021/22/UCDA Photo The Agriculture Sector has registered great strides in implementing the NRM Manifesto 2021-2026 Commitments. In the medium term, Government through the Ministry of Agriculture will focus on a number of interventions including
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Minister of Finance, Matia Kasaija will present the 2023/4 budget next week. Part of the budget will be financed through borrowed funds Uganda's debt stock has witnessed a significant surge over the past decade, primarily driven by the government's intensified investment in infrastructure projects. This trend gained further momentum in
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