Does education matter in business success? This is a question many prospective entrepreneurs ask themselves. While it can be important for business owners and entrepreneurs to attain qualifications related to the running of their businesses, it’s not imperative. Some of the business world’s biggest names have only a few qualifications,
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KCB Bank Uganda Ltd recorded an impressive Shs10.2bn net profit in the year ended December 31, 2017, up from Shs5.4bn recorded in 2016. This represents an increase of 88.8%. This could be attributed to the bank’s general improved performance in various areas. For example, the bank’s use of digital channels
Read MoreEcobank Uganda’s game-changing mobile app has attracted 32,000 customers in a short period of time as the Pan-African bank takes centre stage in Uganda’s online banking market. The app that has been applauded for revolutionizing banking in Africa combats many of the financial inclusion barriers such as dearth of rural
Read MoreUganda Revenue Authority (URA) has spoken out on the impounded container carrying health equipment that has since created public anger. The container impounded a few days ago was imported by Aba Foundation and was said to be carrying medical equipment. It was deposited in a bonded warehouse pending clearance (the
Read MoreOn March31, 2018 I and other coffee farmers travelled to Buzami Village, Bunjakko Island in Buwama Sub-county, Mpigi District to learn about a new method of increasing coffee production and output. As you approach the one–acre coffee demonstration farm set up by Joseph Nkandu, a prominent farmer and Executive Director
Read MoreAgribusiness is increasingly becoming lucrative in Uganda. And a number of unemployed Ugandans are embracing agribusiness for income generation, while the employed ones are into farming to supplement their earnings. It is important to note that 69.4% of Uganda’s population is still practicing subsistence farming, according to the 2014 National Population
Read MoreBarclays Bank of Uganda Ltd net profit increased by 30.9% to Shs72bn in 2017, up from Shs55bn recorded in 2016, Business Focus reports. In the financial statements released Monday, Barclays attributed the increase in profits to “a very strong revenue performances and cost efficiencies.” The bank’s total revenue increased by
Read MoreINTERVIEW: Bank Of India Boss Reveals Secrets On Successful Start In Uganda
Bank of India re-entered the Ugandan market in 2012, having first opened shop here in 1953, but following the expulsion of Asians from the country by former President Idi Amin in 1972, it sold its assets to Bank of Baroda and exited the country. It is a small bank but
Read MoreOn Monday April 09, 2018, Cabinet sitting at State House Entebbe approved the Landlord -Tenant Bill, 2018. The Cabinet was chaired by President Yoweri Museveni. If passed by Parliament and assented to by the President, the Act will put a ban on rent charges in foreign currency especially the US
Read MoreIn an effort to protect the health and safety of consumers and the environment, the Uganda National Bureau of Standards (UNBS) has gazetted 76 new compulsory standards, according to the latest issue of the Uganda Standards Gazette. The compulsory standards are part of the 254 standards approved by the National
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