Uganda’s top companies are being dominated by men, leaving many women playing peripheral roles. Keith Kalyegira, the Chief Executive Officer at Capital Markets Authority says that the number of women in the boards of the listed companies is disproportionately lower than that of men “Uganda clays has 3 women
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On March8, 2018, Uganda will join the rest of the world to celebrate the International Women’s Day. This day brings into perspective the issue of women emancipation that has been prominent in President Yoweri Museveni’s 32 years in power. While women have generally been empowered, a few occupy top executive
Read MoreThe McKinsey Global Banking practice on February 28, 2018 published a new report on African Retail Banking - Roaring to life: Growth and innovation in African retail banking. The report finds that Africa’s banking markets are among the most exciting in the world. The continent’s overall banking market is the
Read MoreMost Ugandans are happy that Gen. Kale Kayihura has finally been relieved of his duties as IGP. He has presided over one of the most corrupt, inefficient and brutal police forces in recent history. We have been advising him to resign for years but he did not heed until he
Read MoreEXCLUSIVE: Pepsi Fires Senior Managers, Juniors Eat Big
Crown Beverages Ltd (CBL) commonly known as Pepsi has fired top managers, a move that may either create opportunities for its future growth or come with challenges. According to credible sources, the management style of Paddy Muramiirah, the CBL Chief Executive Officer has forced out many top managers, who have
Read MoreShocking details have emerged on why Uganda's President, Yoweri Museveni fired his security chiefs. On Sunday, Museveni fired security Minister, retired Lt General Henry Tumukunde and replaced him with General Elly Tumwine. On the same day, he fired the Police Chief, General Kale Kayihura and replaced him with Okoth Ochola
Read MoreThe spirited entry into Kenya by multinational chain stores is set to stiffen competition, pitting listed new players against the local family-owned retailers whose footprints hardly go beyond East Africa, Business Daily reports. Last week, Shoprite — Africa’s largest retailer by sales — said it would open its first two
Read MoreThe pile of Kenya’s bad bank loans rose Sh47 billion (UShs1.74trillion) to Sh259 billion (UShs9.3 trillion) in the year to December 2017, exposing the negative effect that last year’s political turbulence had on the economy, Business Daily reports. The Central Bank of Kenya (CBK) says in the latest credit officer
Read MoreJustine Bagyenda, the outgoing Bank of Uganda Executive Director in charge of supervision is not an ordinary woman. She wasn't only an ‘iron lady’ at BoU and the banking sector at large, but she is also aggressive and money savvy woman. This possibly explains how she earned over Shs20bn in
Read MoreBarclays Thursday announced that it will lose its 100-year identity. Going forward, Barclays Africa Group Limited will be renamed Absa Group Limited in due course and trade as Absa across its operations (currently branded Barclays) in Africa, pending shareholder and regulatory approvals. This means that Barclays Uganda will now be
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