By Magnus Nmonwu Cash flow problems—more money going out of the business than is coming in— are among the most significant reasons that many companies go out of business. Cash flow isn’t simply about sales or profits—it’s also about your business expenditure and your ability to collect money owing to
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The African Caribbean and Pacific (ACP) Members of Parliament have urged the African Union Heads of State to push for unity in the post-Cotonou negotiations, which are aimed at strengthening the relations with the European Union. In a declaration drafted by the Deputy Speaker of Parliament, Jacob Oulanyah, the
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The Kenyan government will lift the ban on poultry products from Uganda in totality after a 15-month embargo that saw chicken and eggs prohibited from accessing Kenya's KSh500 million market after outbreak of a viral disease, Business Daily reports. Deputy Director of Veterinary Services, Michael Cheruiyot, says the move follows
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The Trump administration plans to announce sanctions against China after determining that the country is encouraging the theft and transfer of intellectual property from US businesses, the BBC reports. The White House said the actions come after years of talks about the issue that failed to produce change. The actions
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Facebook founder Mark Zuckerberg has admitted that the social network "made mistakes" that led to millions of Facebook users having their data exploited by a political consultancy. Cambridge Analytica is accused of improperly using the data on behalf of political clients. In a statement, Mr Zuckerberg said a "breach of
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The deposits of more than 700,000 people in Ghana are under threat amid a crisis in the country's financial sector. The Central Bank paints a grim picture of a financial sector in desperate need of help after it emerged microfinance institutions and the Rural and Community Banks owe the depositors
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The Parliament of Uganda has banned journalists from organizing press conferences for Members of Parliament, saying that only Parliament’s Department of Communications is mandated to do so. “We would like to remind you of your duties as Journalists accredited to cover Parliament, which does not include convening Press Conferences for
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Another million people are at risk of starvation in South Sudan in the next three months, a refugee agency has warned - adding to the more than six million already starving in the world's youngest state. The Norwegian Refugee Council says the worst affected areas are those which suffer most
Read MoreAims to enable 30 million African youth to secure jobs by 2030 KIGALI, Rwanda, March 22nd, 2018 -/African Media Agency (AMA)/- Today, the Mastercard Foundation announced a commitment to enable 30 million African youth, especially young women, to secure dignified and fulfilling work by 2030. The Foundation also announced two new
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When KCCA FC was drawn with eight-time winners Al Ahly and Tunisian giants Esperance in the group of the CAF Champions League on Wednesday night, there was mixed reaction for the champions who made history by becoming the first team from Uganda to qualify for the group stages. Other debutants
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