The construction of 15 oil roads in the Albertine Graben ahead of oil production anticipated in 2020 hangs in balance following Parliament’s refusal to okay funding for what has been termed as ‘ghost roads’, Business Focus reveals. According to the final Budget Framework Paper for 2017/18, the government f Uganda
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The future lies in hands of go getters! Considering the increasing levels of unemployment globally, the need for soft skills is increasingly becoming important than ever before. In Uganda, statistics show that over 400,000 people graduate annually from universities and other tertiary institutions but only 9,000 are able to get
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On March31, 2017 President Yoweri Museveni assented to The Financial Institutions (Amendment) Act, 2016 that provides for Islamic banking, banc assurance and agent banking among other things. While these additions to Uganda’s financial sector are new, they are not completely new to the rest of the world. In fact, Kenya
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dfcu is a fast growing local financial institution offering specialized products in Personal and Business Finance. The company is seeking to recruit flexible, witty, qualified, and experienced people to complement its existing teams. Among the jobs available include Relationship Manager – Business Banking (4 Positions) and Documentation & Securities Manager
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Latest report has revealed Africa’s top 10 most attractive investment destinations as well as 10 worst destinations in the continent, Business Focus reports. Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global’s independent research arm,
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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
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A former government minister in Uganda has called for the castration of foreign businessmen who sexually abuse female employees. The call from Miria Matembe, former minister of ethics and integrity, came after she heard the testimony of two women who said they had been sexually abused at work, the newspaper
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The National Identification Authority (NIRA) in collaboration with the Ministry of Education and Sports and other stakeholder institutions are going to undertake a registration exercise of all school going children in all primary, secondary and post primary institutions in Uganda starting 29th May 2017 to 31st August 2017 (School Term
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Uganda Investment Authority (UIA), a government body in charge of promoting investments in the country is becoming tough on fake investors. Business Focus has established that since 2013, 136 ‘investors’ have lost land offers in Kampala and Namanve Industrial Parks after failing to develop it. In an exclusive interview, Hamza
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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,
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