Technology is increasingly changing the way people transact business world over. According to Uganda Communications Commission (UCC), Uganda has over 13 million internet users, a development that has seen many businesses go online. It is against this background that a number of banks are embracing digital banking that will in
Read More
Hope came in with a new sport for Kisenyi, the largest Kampala slum that has for long been notorious as a violent enclave for drug distribution and abuse, prostitution as well as all forms of thuggery. The noisy chatter, tired unplanned cribs, smelly drainage and dusty narrow roads is the signature tune
Read More
Remarks by His Excellency, Prof. Yemi Osinbajo, SAN, GCON, The Vice President of The Federal Republic of Nigeria, at an Interactive Session Titled “Stabilizing The Mediterranean” at the World Economic Forum in Davos, Switzerland, on Wednesday, 24 January, 2018: [caption id="attachment_8061" align="aligncenter" width="573"] Prof. Yemi Osinbajo, The Vice President of
Read More
Fuel pump prices are increasing in Uganda, a development that has seen transport fares go up in some parts of the country. Currently, a litre of petrol in Kampala is averaging Shs3, 800, up from an average of Shs3, 600 a fortnight ago. In Western parts of Uganda, a litre
Read More
By Amon Baita Middle East Consultants Ltd Managing Director, Gordon Mugyenyi has predicted a shining future for unemployed educated Ugandans in the next five years if Saudi Arabia fully opens doors of its huge job market to Uganda’s professional labour force following a bilateral agreement signed by governments of these
Read More
Atul Shah, the man behind struggling regional retailer, Nakumatt Supermarket has spoken out for the first time about how debt took down his business. In an interview with Business Daily, Shah says: “We have been bashed unrelentingly. I have chosen not to defend the truth or criticise lies being passed
Read More
Less than a month after being fired as head of Angola’s state-owned oil company, Isabel dos Santos says she is studying new deals, reports Bloomberg. Dos Santos, Africa’s richest woman, said two major Angolan banks she has links to are preparing to sell shares as part of plans to strengthen
Read More
The President of the African Development Bank Group (AfDB), Akinwumi Adesina, recently launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA). The Jobs for Youth in Africa initiative
Read More
Employers have welcomed President Uhuru Kenyatta’s Tuesday announcement that Kenya is opening its borders to Africans, arguing it is a step in the right direction, reports the Daily Nation. Kenyatta announced, shortly after he was sworn in for a second term, that any African wishing to visit Kenya will be
Read More
Russia is striving to lead the global blockchain movement, with President Vladimir Putin even eyeing the creation of a national cryptocurrency. But the real work to spur the world blockchain economy is being implemented far beyond the walls of the Kremlin by small groups of private software engineers, who are
Read More
