As Ministry of Finance, Planning and Economic Development headed by Matia Kasaija as line minister finalizes the Budget strategy for FY2020/21 anchored on the medium-term growth and development objectives of the 3rd National Development Plan (NDP 111), Civil Society organizations (CSOs) under their umbrella Civil Society Budget Advocacy Group (CSBAG)
Read More
By Bishop Johnson Twinomujuni (pictured above), West Ankole Diocese Pastor Bugingo has made a declaration that the phrase 'till death do us part' is not biblical, and that it is from Satan! In so doing, the pastor attacks the Roman Catholic, Anglican and Pentecostal Churches, associating them with what he
Read More
By D. Gumisiriza Mwesigye I had set my day to end with a visit to the famous Zoe Grounds [Lugogo, Kampala], to hear for myself what is in store for 2020 from Prophet Elvis Mbonye. The event has been so hyped on social media by his followers (who identify themselves
Read More
By Richard Byarugaba From this Monday, 13th to Friday 17th January 2020, your Fund, National Social Security Fund (NSSF), working with Ministry of Health and the Uganda Blood Transfusion Services (UBTS) will yet again run the NSSF Blood Donation Drive campaign. This will be the 9th NSSF Blood Drive for
Read More
Every year Business Focus publishes a comprehensive list of Chief Executive Officers (CEOs) and business personalities to watch and 2020 is no exception. This is because their roles are more than a title; CEOs make sound decisions for organizations they head. They are responsible for their actions and decisions taken.
Read More
The Stanbic headline Purchase Managers Index (PMI) for the final month of 2019 saw a further improvement in business conditions in the Ugandan private sector. Although the headline PMI recorded 57.7 in December, slightly down from 58.6 in November, private sector players surveyed reported a general improvement in business conditions.
Read More
Mitch Kahn remembers how, when fighting began in the second war in Iraq, prices for US crude oil spiked $10 per barrel overnight. That would have meant a profit of $50,000 if a trader had made the smallest purchasing trade possible. Or, just as big a loss if the trader
Read More
Nakumatt Holdings had lent its directors more than KSh1 billion (UShs36.36bn) in interest-free soft loans by the time it was placed under administration on January 22, 2018, according to a review of the company’s financial statements. The related party transactions were recently disclosed in a report for the year ended
Read More
Aliko Dangote, Africa’s richest man, became $4.3 billion (Shs15.8 trillion) richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making
Read More
By Denis Jjuuko Everyone wants to become rich... isn’t it? So as 2020 starts, what are you going to do about it? Here are 10 flaky ideas... 1. Open a foreign currency account preferably a US Dollar - whatever you want to save convert it into dollars and deposit it
Read More
