Uganda’s pension sector is set to become more competitive with the launch of Kampala City Traders Association (KACITA) - Uganda Provident Fund Scheme – TEGEKA which targets to mobilize savings and investment capital from over 65,000 registered members. The Fund, which provides a new vehicle of saving for traders and
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To match up with tends and competition, the Cooper Motors Corporation (CMC) Uganda Limited has opened new service centres across the country to ease access to services by its customers. The service centres are located at Comboni Vocational Institute in Gulu and Friends Motor Garage Mbale. In Mbarara, the
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MTN Uganda has launched Women in Business Awards 2017. The awards are meant to honour women especially those engaged in small to medium business. This comes at a time when the world gears to celebrate International Women’s Day scheduled for March8, 2017. According to MTN, these awards celebrate the achievements
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British global insurer AON has quit 10 African markets including Uganda, citing weak economy that can’t permit its growth. According to a February 20, 2017 statement, Capitalworks, a leading Africa focused and based private equity firm specialising in investing on the continent, is to acquire AON’s shareholding in 10 countries
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As Ugandans struggle to take in the controversial Shs6bn handshake, the Ministry of Energy seems to have been rocked with another scandal. Business Focus has established that documents showing proof of payment of oil revenues by oil companies have disappeared with no trace from the East African country’s Ministry of
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Unemployment and underemployment are undoubtedly a global problem, and it is expected to worsen given the increasing use of technology that reduces the need for human labour. In Uganda, unemployment has been described as a ‘time bomb’ given the fact that youth unemployment is estimated at over 60%. Away from
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The government of Uganda has in the past few financial years allocated more funds to the coffee sector. However, some Ugandans are yet to appreciate the fact that coffee can transform Uganda into a middle income country if the sector is given due attention and the ongoing campaign well implemented.
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Private Sector Foundation Uganda (PSFU) in partnership with Uganda Manufacturers Association (UMA) has again organized a business symposium in honour of late James Mulwana, a great entrepreneur who inspired many into business. The one day open business symposium is scheduled for March25, 2017 in the UMA Multipurpose Hall; under the
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Bharti Airtel Africa, one of the leading telecommunications service provider with operations in 15 countries across Africa and BCS with support from Facebook will undertake a fiber project in North Western Uganda. According to a February 17, 2017 statement from Airtel, the fiber ring of 770km, when completed later this
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There are people who have such an unrivalled passion for traveling and seeing the world that if you asked them to drop whatever they are doing and go to another country, they will do so with enthusiasm. These very people will traverse the globe, going where the tide leads them
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