By Sam Evidence Orikunda While meeting a group of people in Kampala, President Museveni the commander in chief of the armed forces saluted Mark Bugembe aka Butcha Man, a faded dancehall musician who claims to be the President of the Ghetto. I am not belittling Butcha Man or under looking
Read MoreBusinessFocus Reporter
Four years since Bancassurance was first introduced in Uganda, experts say the concept is gaining ground and soon every bank customer will also have a life insurance cover attached to their account. Bancassurance is the selling and distribution of insurance products through banks. Commercial Banks are adopting it because selling
Read MoreBy Samantha Naidoo, Telco Industry Value Advisor at SAP Africa African telco operators face a landmark five-year period as they strive to reimagine their business models and build new capabilities that will ensure their future success. Currently, non-traditional market entrants are putting pressure on telco operators' profit margins, forcing them
Read MorePresident John Magufuli (R) exchanging a foot greeting with opposition politician Maalim Seif Sharif Hamad Tanzania's State House has shared a picture of President John Magufuli exchanging a foot greeting with opposition politician Maalim Seif Sharif Hamad, observing new measures by the health ministry to prevent the spread of the
Read MoreGen Tumukunde Joins Presidential Race, Notifies Electoral Commission Of Intentions To Consult
Uganda's former Security Minister, Lt Gen (rtd), Henry Tumukunde is the latest addition to those aspiring to be the number one citizen of the country. Tumukunde has since notified the Electoral Commission of his intentions to consult Ugandans about his presidential ambitions. This development confirms rumors about the former spy
Read MoreSouth Africa’s battered economy has entered its second recession in two years. It shrank by 1.4% in the fourth quarter of 2019. This follows a further 0.8% contraction in the third quarter of last year. The country continues to battle persistent power cuts which have hampered manufacturing, agriculture and mining.
Read MoreCoronavirus: UN Blocks Women Delegations From Traveling To US For Conference
The United Nations Women has barred delegates from member countries including Uganda from traveling to New York to attend the U.N. Commission on the Status of Women due to the outbreak of corona Virus across the globe. The cancellation was communicated by Speaker Rebecca Kadaga during today’s plenary sitting. Kadaga
Read MoreGovernment’s move to stand as guarantor of privately owned Tondeka buses could hit a snag after a section of MPs on the Trade, Tourism and Industry Committee rejected it. The lawmakers say the Company should meet the cost without having to put taxpayers at the risk of paying off the
Read MoreKenya Hunts Fugitive Nakumatt Bosses Over Billions Siphoned To Dubai
Directors of the collapsed Nakumatt Supermarkets that sank with billions of shillings in suppliers’ money are on the run, with Interpol in pursuit, after it emerged that the retailer siphoned out the cash. Kenya’s Interior Cabinet Secretary Fred Matiang’i last week said that authorities have information that the firm wired
Read MoreAs part of the celebration to mark International Women's Day on March 8, 2020, women across Africa convened in Kampala to discuss the participation of women in infrastructural projects aimed at empowered African women to take a lead role in the capital projects. During the high-level women conference themed "Africa
Read More
