Former Chief Economist and Senior Vice President at The World Bank Group, Prof. Justin Lin has tipped Uganda on how to achieve double digit growth. During a guided tour of Namanve Industrial and Business Park (NIBP) on May29 2017, Lin said well-planned industrial parks can play a key role in
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By peter Abaanabasazi Experts have attributed the continued collapse of Small and Medium Enterprises (SMEs) to lack of business management skills among entrepreneurs. This was revealed by experts from KCB Uganda in partnership with Uganda Small Scale Industry Association (USSIA) during a two-day training workshop held at Glory Summit Hotel
Read MoreVivo Energy Uganda has recruited Gilbert Assi as its new Managing director, Business Focus reveals. Assi replaces Hans Paulsen, who has been at the helm of the company over the past three years. Vivo Energy Uganda is the company that distributes and markets Shell branded fuels and lubricants. According to
Read MoreThe Construction of Church House, a multi-billion building owned by the Church of Uganda will be complete this year, Equity Bank Uganda boss has said. Anthony Kituuka, the Executive Director at Equity Bank Uganda made the revelation on Tuesday at the bank’s head offices in Katwe, Kampala while handing over
Read MoreThe Parliament of Uganda has requested for a supplementary budget worth Shs77.6bn to cover for money that was re-allocated during the ending 2016/2017 Financial Year. This request is contained in a letter dated May25, 2017 by Clerk to Parliament, Jane Kibirige to Finance Ministry. Explaining the need for the supplementary
Read MoreUganda's Directorate of Criminal Investigations has issued orders for the arrest of Ronnie Byenkya, a Special Police Constable wanted for his involvement in the torture of Godfrey Byamukama, the Kamwenge Town Council LC 3 chairperson. According to local news agency, URN, Byenkya is attached to the Special Operations Unit, which is
Read MoreUganda’s Ministry of Education and Sports is yet to address the sticky issue of sanitary pads despite being stuck with Shs85bn. According to a report tabled before parliament by Parliamentary Committee of Education and Sports on the Ministerial Policy Statement and Budget Estimates for 2017/18 for the Ministry of Education,
Read MoreUganda’s President, Yoweri K. Museveni is yet to fulfil his pledgees worth Shs100bn made to various Universities, Business Focus reveals. This revelation is contained in a report by the Parliamentary Committee on Education on the Ministry of Education Policy Statements and Budget estimates for 2017/18. According to the report obtained
Read MoreEast Africa's economic giant, Kenya is set to launch operations of the Standard Gauge Railway (SGR) on Wednesday in what many economic analysts are calling a major development. [caption id="attachment_1496" align="alignnone" width="1024"] An aerial view of the Mombasa Terminus[/caption] A Facebook Page, Standard Gauge Railway Kenya Project has released pictures
Read MoreThe Ministry of Lands, Housing and Urban Development (MoLHUD) has failed to absorb funds provided to it in the 2016/17 National budget. According to the Parliamentary Sectoral Committee Report on Physical Infrastructures on Ministerial Budget Policy Statements and Proposed Budget Estimates for FY 2017/18 obtained by Business Focus, MoLHUD’s absorption
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