The World Bank Group has launched XL Africa, a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. A press statement from the World Bank dated April20, 2017 says that start-ups will receive mentoring from global and local experts, learn through a tailor-made
Read More
There’s no doubt that agribusiness is a profitable enterprise considering the fact that the world’s population is increasing at a faster rate. This means that demand for agricultural products is certainly guaranteed yet land remains fixed, giving an opportunity to those with it to make clean money. In this article,
Read More
Youth unemployment has been described as a time bomb in Uganda. With youth unemployment standing at over 60% in Uganda, criminality and widespread poverty are no doubt set to increase. However, the youth are increasingly becoming innovative; they have taken on the bull by the horns. Eric Ssebuliba, a resident
Read More
A number of companies and organizations are recruiting. Ernst & Young is in massive recruitment for fresh graduates and finalists. Scan through the jobs available below and follow the provided links for details. ERNST & YOUNG Massive recruitment exercise in areas of Assurance (audit), Advisory (Performance Improvement-PI) and Tax Teams (Business
Read More
The Tony Elumelu Foundation (TEF) recently selected Vendor Capital Finance Limited, a brainchild of Anne Hope Anguyo among Africa’s 1,000 growing enterprises to watch in the Financial Services category. After making to the list, Anguyo will receive seed capital worth US$10,000 (about Shs35m) in addition to training. Business Focus had
Read More
Many people have brilliant business ideas that never materialise due to limited funding. Quite often, these lack collateral and other key requirements to obtain a bank loan. However, besides banking, there are many alternative sources of financing your business. Business Focus brings you the top nine (9) alternative sources of
Read More
Stanbic Bank Uganda (SBU) is set to recruit 1,000 agents as Ugandan banks ready themselves to embrace a new model of banking-agency (agent) banking, Business Focus has established. This was revealed by Patrick Mweheire, the SBU Chief Executive Officer at the side-lines of a press conference to announce the bank’s
Read More
By Peter Abaanabasazi Women are increasingly taking on business and managing them successfully. And while many civil servants and salaried people tend to believe that they cannot survive outside formal employment, Grace Koojo Akiiki, a resident of Kikwatamingo in Mparo division, Hoima Municipality has proved otherwise. Grace, the wife to
Read More
The Tony Elumelu Foundation (TEF) has announced 1,000 African upcoming entrepreneurs who are set to receive seed capital worth US$10,000 (about Shs35m) each. These entrepreneurs are the 3rd cohort of the 10-year, $100 million TEF Entrepreneurship Programme. In a March 22, 2017 statement sent to Business Focus, 74 Ugandan entrepreneurs
Read More
Johnson Basangwa, a resident of Bukwenge, Kamuli Municipal Town in Kamuli district is a true testimony of saying ‘start small and grow big’. Having started with 500 chickens in 2007, now he operates a poultry farm – JEKA – where he now owns 20,000 chickens which on average lay 200
Read More
