BoU Deputy Governor, Atingi-Ego The Bank of Uganda Uganda’s has reported that the economy is estimated to have grown by between 6.5 and 7 percent in 2021, compared to a 1.5 percent contraction in 2020 when the Covid 19 pandemic forced parts of the economy to shut, according to the
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L-R: Emma Mugisha, Stanbic Bank Executive Director, Richard Mubiru, from Uganda Manufacturers Association, Atingi-Ego, Deputy Governor Bank of Uganda and Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance taking part in a panel discussion at the Stanbic Bank - 2022 Economic Outlook Forum
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Tycoon Sudhir Ruparelia The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. Other views were concerns about the financial implications of the decision
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More than 90 percent of Ugandans who hold a bank account do not keep more than 1 million shillings at any one time on their accounts, an indication of the low saving levels in the country. There are an estimated 14 million bank accounts in the country. Of these, only
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Tracy Bolton, Chief Operating Officer at SAP Africa As our fragile planet experiences unprecedented man-made changes to its climate, organisations are being challenged to move onto a more sustainable path in 2022. A 2021 report by the IPCC called a 'code red for humanity' in light of the sweeping changes to
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By Dr Wahome Karanja, Kenya When Covid-19 struck, there was great concern that healthcare facilities around the world would be overwhelmed. The predictions for Africa were particularly dire. Fortunately, we didn’t witness the kind of devastation anticipated. But that doesn’t mean our healthcare systems didn’t suffer – often experiencing
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By Livingstone Mukasa If you are hoping to make money out of a Rental Property, these are the key points to remember. 1. Location. You buy this once and if you don’t get it right nothing will save you from losing money. Best location is near means of transport
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Uganda is the leading coffee exporter in Africa and the seventh leading exporter in the world Uganda Coffee Development Authority (UCDA) has said the Government of Uganda will continue to engage with the International Coffee Organisation (ICO) to negotiate better terms. UCDA adds that the negotiations will have no effect on
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Uganda Airlines is committed to promoting Uganda’s tourism sector Uganda Airlines is positioning itself as the carrier for tourists regionally and globally in the long term. In an interview with this website on how the national carrier intends to promote Uganda’s tourism potential, Shakila Rahim Lamar, the Corporate Affairs & Public
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The heat is unbearable; the haze merges the sky, lake and land; kingfishers dive and rise as if playing with the wind coming off Uganda's Lake Albert, under which vast oil reserves like. This section of the Rift Valley - a geological scar which runs through East Africa - is
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