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Ecobank Group’s RapidCollect™ Enables Businesses To Collect Their Payments Across Africa With Only One Account

BusinessFocus Reporter September 7, 20220

With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s pan-African network; Ecobank business customers can now make instant automated reconciliation leveraging Ecobank’s trusted technology The leading pan-African Banking Group, Ecobank Group, has simplified collections across Africa through RapidCollect™. RapidCollect™

MUBS Fails To Collect Shs23Bn In Tuition Fees

BusinessFocus Reporter September 7, 2022September 8, 20220

Prof. Wasswa Balunywa (Left), the MUBS Principal appearing before the Committee with a colleague MPs on Parliament’s Public Accounts Committee have tasked Makerere University Business School (MUBS)to explain how it failed to collect Non-Tax Revenue in form of tuition fees to a tune of over Shs23Bn in 2021. This followed a an

Analysis & Opinions ICT

Who Is Guangying Chen, And Is Binance A“Chinese Company”?

BusinessFocus Reporter September 6, 2022September 6, 20220

One of the many strengths that our employees at Binance must possess is thick skin. After all, this industry is the subject of a lot of negative sentiment (much of it is unwarranted, but it’s the reality right now). In recent months, our thick skin has been tested by a

Analysis & Opinions Oil & Gas

Oil & Gas: The Right Solution For Uganda

BusinessFocus Reporter September 6, 20220

The East African Crude Oil Pipeline (EACOP) will also export oil to international markets. Hydrocarbons remain a necessary part of the global energy mix. Unlocking Uganda’s fossil-fuel resources will help meet its development needs – and even reduce emissions. With the world now practically unanimous about the need for

Entrepreneurship ICT

Ugandan Selected As Meta Launches ‘Creators Of Tomorrow’ Campaign Celebrating Emerging Talents From Across SSA

BusinessFocus Reporter September 6, 20220

Today, Meta announced the launch of ‘Creators of Tomorrow', a new campaign that celebrates emerging talents from around the world who are inspiring a new movement of creative content online. The campaign spotlights creators in Sub- Saharan Africa from East Africa, Southern Africa and Francophone Africa. The selected Creators of Tomorrow

Education News

Age Limit Revised: Makerere University To Gift Professors With Jobs ‘For Life’

BusinessFocus Reporter September 6, 20220

Makerere University Vice Chancellor, Professor Barnabas Nawangwe Makerere university staff at different levels are embroiled in unofficial debates on a decision by the university council to review senior staff terms and enable professors to work until 80 years of age. Specifically, the policy is set to be changed so that

Education News

Schools Allow Late Payment But Increase Feeding Fees To Cover Rising Commodity Prices

BusinessFocus Reporter September 5, 20220

At Nudir preparatory school in Kasese, the turn up was relatively high compared to most town schools The effects of the economic hardships which were aggravated by the Ukraine war, coming on the heels of the Covid-19 lockdown continue to manifest in Uganda. Many schools in the country have today

Oil & Gas

Process For Award Of EACOP Construction License Starts

BusinessFocus Reporter August 27, 2022August 27, 20220

The Energy Minister, Ruth Nankabirwa has commenced the process that will lead to the award of a construction license for the East Africa Crude Oil Pipeline (EACOP). East African Crude Oil Pipeline(EACOP) Ltd at the beginning of July applied for a construction license from the governments of Uganda and Tanzania.

Health News

Health Ministry Fails To Transport Ambulances To Island Districts Three Months After Being Flagged By Museveni

BusinessFocus Reporter August 26, 20220

Margaret Muhanga, Minister of State for Health (General Duties) MPs have blasted the Ministry of Health for the failure to transport marine ambulances to island districts due to financial challenges. This followed a complaint raised by Idd Isabirye (Bunya South) who revealed that although President Museveni launched 12 marine ambulances for

Education News

Makerere University Students To Boycott Council Organized Elections

BusinessFocus Reporter August 26, 20220

Makerere University VC, Prof. Barnabas Nawangwe A section of Makerere University students has vowed to boycott the planned universal suffrage elections scheduled for Saturday. The university council is planning to hold a Universal suffrage election across all colleges and halls of residence to elect a constitutional Review Commission that will participate