Hadijah Nalubega, 30, never imagined she would one day become a landlady given the fact that her job in Uganda wasn’t satisfying. However, after securing a job in Qatar through Middle East Consultants, a labour exporting agency licensed by the government in 2014, Nalubega is closer to becoming a landlady.
Read More
Ugandan youth are increasingly thinking outside the box given the high levels of unemployment in the country. Azizzi Kayanja and Siraje Wasswa, both residents of Ggulu ward in Mukono Municipality are some of the enterprising Ugandans making a living from making modern charcoal stoves. These young men say they started
Read More
In April, Kwese Sports won free-to-air and subscription TV rights for the 2018 Fifa World Cup as they announced themselves an emerging big player in the African sports television market. The rights cost the company around $34m as Fifa pocketed a decent profit after sub-Saharan Africa’s top TV companies splashed
Read More
Dangote Cement Plc has approached PPC Ltd. about a takeover deal, signaling the start of a possible bidding war for South Africa’s biggest cement maker after an earlier offer led by Canada’s Fairfax Financial Holdings Ltd. Dangote told PPC’s board that it’s interested in buying “the entire share capital,” the
Read More
By Godfrey Kenneth Gobba Wealth and financial freedom are acquired by owning assets that not only appreciate in value, but also generate a dependable income stream. These could be both physical and financial assets but the most important asset in the wealth creation process, is the business asset. A business
Read More
At a gathering of senior policymakers and developments experts hosted by UK’s leading foreign policy institute recently, the Chairman of Heirs Holdings and one of Africa’s richest men, Tony Elumelu, spoke on a panel alongside United Kingdom Minister of State, Department for International Development (DFID), Rory Stewart, OBE, where he
Read More
Regional supermarket giant, Nakumatt will soon become history in Uganda, a development that will leave many jobless and adversely affect the economy at large. An inside source, who preferred anonymity, confirmed to Business Focus that Nakumatt is in advanced stages of ending operations in Uganda due to unprecedented debts. “The
Read More
The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made
Read More
Even the most tech savvy among us have a hard time wrapping their heads around Bitcoin. It's a hot topic and a frequent point of discussion among investors, entrepreneurs and stock traders, so you should want to know all about it. For starters, here's an overly simplified explanation of Bitcoin:
Read More
Not everyone is meant to be an entrepreneur. But for those who are, trying while you’re young is ideal. Your opportunity cost is lowest! Many people I know say, “Well, I’ll work two years in banking or consulting and then look at entrepreneurship.” The reality is, soon they’re getting married
Read More
