This International Youth Day, Africa needs to think about how it can embrace its large youth population for the benefit of the continent, says Jacques Vermeulen (pictured), Coca-Cola Beverages Africa (CCBA) CEO. Africa is often spoken of as being blessed by a ‘demographic dividend’ in the form of its overwhelmingly
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By Lloyd Jonathan Busuulwa – Head Alternative Channels, dfcu Bank. The pace of technological progress in the last decade and the shifts in customer needs have led to an acceleration of innovations in the digital banking space. This revolution is underpinned by consumers’ use of technology, access to smartphones, and
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Experts have stated that the low rate of vaccination in sub-Saharan Africa is hindering the economic recovery prospects of the region’s countries. While recently presenting the Absa East Africa Macro Outlook for the second half of 2021, Ridle Markus, the sub-Saharan macroeconomist at Absa Group said, “With regard to economic
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Trading taking place at Uganda Securities Exchange Investors looking to pump capital into businesses in the East African region are concerned about the quality of assets and their valuation, a new survey shows, pointing out the possibility of overpaying for low-quality investments. The quarterly survey of partners and directors of
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Sanlam Chief Financial Officer, Anthony Gitonga Kirima By Richard Kintu Five top police detectives attached to Kira Division Police Station have been jailed after a racket of city fraudsters framed them up as they (cops) closed in on a Shs3.5bn money laundering scam at Sanlam Insurance Company. The unfortunate detectives
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By Michael Jjingo The young people have always been unique, from the days of bell bottom, to balanced jeans and later damaged trousers! For young people, gone are the days for standing in the line as you wait to be served at the bank. Present day Banking is actually not
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Uganda and other African countries need policies to support fuel economy or risk losing substantial amounts of revenue in oil and gas imports. One such policies would include taxes on vehicles with high carbon emissions and incentives to promote the uptake of electric vehicles as well as those with clean
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The just released FY21 financial results for Uganda Breweries Limited, whereas have posted positive growth, indicate however, that a tough operating environment and the growth of the Informal alcohol sector have stifled what would otherwise have been an excellent net sales performance by the brewery. “The closure of Bars and
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By Richard Kintu The situation at the Ministry of Health headquarters in Kampala should be tense following a recent increase in the noise calling for reforms there. The noise which first gained momentum last Thursday was crowned earlier this week when unidentified “goons” dropped coffins draped with placards calling for
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When it comes to climate change, Uganda has been doing one thing right and that is maintaining a small carbon footprint. According to the information from Our World in Data, 2017 statistics stood at 0.12 tonnes per capita. To maintain this status, at the United Nations climate conference of 2015,
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