Inayat Kassam, who braved gunfire at 14 Riverside Drive as he evacuated those trapped inside dusitD2 Hotel, is no stranger to danger. Despite not having the luxury of a bulletproof vest, Mr Kassam was a knight in shining armour to those he led to safety as high-calibre rifles crackled in
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The Ugandan Government through the National Forest Authority (NFA) is worried about the recurrent replacement of natural forests with eucalyptus and pine trees in many parts of the country including wetlands. Tom Okello Obong, the Executive Directorof NFA has indicated that in some areas, people have reached the extent
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2019 promises to be an exciting year for Uganda’s banking sector as smaller banks aim to take on the ‘big boys’. Banks are set to build on gains registered in 2018 to offer more customer-friendly products and services. According to Bank of Uganda (BoU) private sector credit increased to 12.2%
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It’s a public secret that Uganda is one of the most enterprising countries globally. In 2015, the Global Entrepreneurship Monitor (GEM) ranked Uganda the world’s most entrepreneurial country. According to GEM, 28% of adults own or co-own a new business. This is quite understandable; with over 400,000 young people entering
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Uganda registered impressive economic growth in 2018 and domestic economic activity is expected to continue recovering in 2019. However, the projected economic growth could be affected by a number of risks. Bank of Uganda (BoU)’s Composite Index Economic Activity (CIEA) indicates stronger economic performance in the first 10 months of
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The Stanbic Bank Headline Purchase Manager’s Index (PMI) posted a 56.6 performance in December which signified an improvement in business conditions at the end of 2018. The latest reading which went up by 0.9 from 55.7 registered in November is higher than the series average of 53.2. Commenting on December’s
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To prevent and stop violence against women, men in every country on planet Earth need to stand up and speak out. Mothers, sisters, and daughters are victims of domestic violence. Wives, live-in partners, and girlfriends are victims of domestic violence. Relatives are victims of domestic violence. Neighbors are victims
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Uganda’s economy is set to register an impressive growth in 2018, outstripping growth rates recorded in the last 10 years or so. Bank of Uganda (BoU)’s Composite Index Economic Activity (CIEA) indicates stronger economic performance in the first 10 months of 2018, with an annualized growth rate of 7-8 percent.
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Going by official figures from the Bank of Uganda (BoU), the banking sector has overcome the turbulent times that culminated from the 2011 crisis to register an impressive performance in 2018. It should be noted that the 2011 election expenditure saw inflation as well as interest rates cross the 30%
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Twelve months is quite a long period of time especially for Chief Executive Officers (CEOs) and Managing Directors who are responsible for the day to day running of companies. In 2018, a lot of things have happened in boardrooms; key decisions have been made and deals sealed. Some CEOs have
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