Many local and foreign investors are increasingly investing their hard earned money in Uganda’s real estate sector. Many have described it as being lucrative, something that has seen many rush to take a nibble into the much touted profitable sector. It is worth noting that with the birth of Property
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At 30 years of age, it is quite unbelievable for one to quit a job paying him or her Shs30m per month to venture into business-without guarantee of success given the high risks associated with business in Uganda and the high levels of unemployment. However, Maxima Nsimenta, 30, a graduate
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The US embassy in Kampala is inviting Ugandan youths with business ideas to apply for a business training opportunity scheduled for March 17-18, 2017. In a public notice, the embassy says the youths aged between 18 and 30 with “a business or social enterprise idea” are encouraged to apply and
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The Uganda Securities Exchange (USE) on Tuesday morning launched its new online customer self-service, Easyportal in a move that is expected to ease access to information by investors locally and abroad. The new portal is expected to boost market activity. This tool was launched by Charles Mbire, the B.O.D chairman
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The Government of Uganda is in advanced stages of putting in place a law to protect personal data collected by both government and private sector. The parliament will soon start scrutinizing the Bill. Dubbed the ‘Data Protection and Private Bill 2015’, the Bill was tabled on the floor of Parliament
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New revelations have emerged of legendary politician, Joash Mayanja Nkangi’s last moments before he passed away on Monday morning. Nkangi, 85, succumbed to suspected pneumonia after complaining of severe pain at Nakasero Hospital in Uganda’s capital, Kampala. Business Focus has learnt that the former Buganda Kingdom Katikiro who also served
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Embattled Makerere University don Dr. Stellla Nyanzi faces arrest over harassment, Business Focus has established. In a letter from the Criminal Investigations Directorate (CID) dated March2, 2017 addressed to Stella Nyanzi through Makerere University Vice Chancellor, Prof. John Ddumba Ssentamu, Nyanzi is wanted at CID to record a statement
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Uganda Telecom Ltd (UTL) Board Chairman Stephen Kaboyo has attacked Uganda Communications Commission Executive Director, Godfrey Mutabazi, noting that he doesn’t understand business matters. Kaboyo was on Thursday responding to Business Focus’ question on why he thinks UTL still has a future yet UCC boss late last year said no
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A month after dfcu bank acquired the assets and liabilities of Crane bank-at an undisclosed fee, it (dfcu) has announced that it has got a capital boost of US$50M (about Shs179bn). In a statement dated February 28, 2017, the bank revealed that it has concluded an agreement with Arise B.V,
Read MoreThe Uganda Shilling depreciated marginally against the US dollar mid-week as commodity flows reduced and corporate demand slightly picked up during the week ending March3, 2017. Trading was in the range of 3585/3595. In the government securities market, yields on 91 and 182 day treasury bills dropped to 11.962% and
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