Key representatives from over 8 countries in Africa gathered at a workshop in Tanzania organized by Vodacom to look into trends and developments shaping the mobile money industry in Africa. Vodacom also released its Future-Proofing Mobile Financial Services report at the workshop. The report, the first of Vodacom’s Public Policy
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Banks are increasingly tightening lending to large enterprises while easing credit extension to households, a new survey by the Bank of Uganda (BoU) has indicated. According to the lending survey conducted by BoU’s Statistics Department in the first quarter of 2019/20, credit standards on loans to enterprises were tightened contrary
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President Yoweri Museveni yesterday hosted Speaker, Rebecca Kadaga, and a group of investors from Carlifornia, USA at his farm in Kisozi, Gomba. Kadaga skipped chairing Parliament yesterday and instead opted to visit Museveni’s farm. This left some MPs angered as her deputy, Jacob Oulanyah wasn't also available. Museveni said the
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Measles has killed nearly 5,000 people in the Democratic Republic of Congo in 2019, authorities said, after the disease spread to all the provinces in the country. Close to a quarter of a million people have been infected this year alone. The World Health Organization (WHO) says this is the
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Looking at Africa and only pushing for aid is not in the interest of the everyday Africans. It is about the egos of the elites and latte intellectuals who believe they have the solutions to why the continent is still poor. As Africa’s population and economies surge, greater opportunities for
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The Deputy Speaker, Jacob Oulanyah and the Speaker of the Rwandan Parliament, Donatile Mukabalisa have called on legislators of the two countries to intervene in the border conflict. While meeting with Oulanyah on 20 November 2019 on the sidelines of the African Caribbean and Pacific-European Union Parliamentary Assembly in Kigali,
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The National Social Security Fund (NSSF) proposes that individuals in formal employment contribute an extra two per cent to close the gaps in the health sector as opposed to the proposed National Health Insurance scheme. The proposal is that collections be made where both the employee and employer contribute one
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The growing number of startups securing major financial commitments sets the stage for an entirely new era of growth in the African venture capital industry. This was the most discussed topic during the sixth edition of the Africa Early Stage Investor Summit #AESIS2019 held between 13-15 November in Cape Town,
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By Denis Jjuuko Uganda is considered one of the most entrepreneurial countries in the world. Many adults have started or own businesses. If you are observant, somebody might be setting up a kiosk not far from your home. In every little corner, there is somebody doing some sort of business.
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Israel's attorney general has charged Prime Minister Benjamin Netanyahu with bribery, fraud and breach of trust in three cases, the justice ministry says. Mr Netanyahu is alleged to have accepted gifts from wealthy businessmen and dispensed favours to try to get more positive press coverage. He has denied any wrongdoing
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