The Global Entrepreneurship Monitor 2019/2020 ranked Uganda as one of the most entrepreneurial countries in the world. Statistics show 30 percent of Ugandans have started businesses. In the United States of America and Japan, that figure stands at 7 per cent and 11 per cent respectively. However, insufficient financial resources, little or no innovation, and…
Uganda was ranked one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually by the Global Entrepreneurship Monitor 2019/2020. In the United States of America and Japan, that figure stands at 7 per cent and 11 per cent respectively. However, poor quality of business ideas, inadequate accelerator program,…
With the on going pandemic and simultaneous Lockdowns. Many are stressed, bored, others need to tryout new adventure.However,human existence and ingenuity has brought a new episode of unmatched adventure. Where boredom, stress, love for the favorite drink is solved. It’s time to keep our focus on a new product called EXO Mix. EXO Mix Drink…
The Government has rejected China Exim Bank’s proposal to mortgage oil as loan security for the construction of the Standard Gauge Railway (SGR). Works and Transport Minister Gen. Katumba Wamala told MPs on the physical infrastructure committee that the bank “was looking ahead” and requested the Government to peg oil revenue as security for the…
MTN Uganda has today acquired a 12 year 2nd national operating license. This after the telecommunication company concluded the official signing of the License Renewal Agreement with Uganda Communications Commission (UCC) A joint press conference between MTN Uganda and the Regulatory body was held today at the UCC offices in Kampala to showcase the official signing…
The court of Appeal has this morning dismissed a multi-billion case against businessman Sudhir Ruparellia and his Meera investments company in which the Central Bank accuses him of siphoning over 397 billion shillings from his defunct Crane Bank . Three justices of the court including deputy chief justice Alfonse Owiny -Dollo , Cheborion Barishaki and…
As Ugandans try to pick up the pieces following a lengthy lockdown, Sanlam Uganda has launched a pay out to its clients to help them deal with the disruptions caused by the COVID 19 pandemic. The insurance company is set to pay out 475 million shillings to its individual life clients in form of cash…
Recently the speaker of parliament and conservationists expressed their disappointment at plans by the Electricity Regulatory Authority (ERA) to solicit views regarding an application by a South African company to build a power dam at Murchison Falls. The Ugandan government has canceled a plan to build a 360Megawatt Hydro Power dam, at the Murchison falls…
