Senior Presidential Advisor on the Media, Tamale Mirundi believes the much advocated for financial bailout cannot work in the country. Mirundi, a former Presidential Spokesperson revealed this last week in an exclusive interview with Business Focus saying, leaders made mistakes that plunged the country in the current economic mess. “The
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The Uganda Shilling was relatively stable against the US dollar supported by the Central Bank liquidity mop ups during the week ending February 10, 2017. Demand remained subdued. Trading was in the range of 3590/3600. In the money market, Overnight rate was 10% while one week money was at 12%.
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A lot of mess continues to unfold in the ongoing probe into the Shs6bn Presidential handshake. The probe took a new twist when it was revealed that the London law firm hired to defend Uganda was paid by two Government entities to handle the same case. The revelation of the
Read MoreUnited Nations Development Programme (UNDP) is now accepting applications for the ‘Uganda Training on Environment, Community, Health and Safety’, Business Focus has established. The trainings will be delivered on a regional basis with Entebbe (Central), Kasese (West), Mbale (East) and Gulu (North) being the training hubs, UNDP Uganda office said
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Uganda’s former Finance Minister the late Jehoash Mayanja-Nkangi will remain a pillar in Uganda’s history for he was a rare politician, who played a key role in turning around Uganda’s economy when it was on its knees. During the Funeral Service of the late Mayanja Nkangi held at Ntinda, Kampala
Read MoreMany 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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