The Uganda shilling closed lower against the U.S. dollar on Tuesday, quoted within the 3810/3830 levels weaker than the previous close. The local currency came under pressure late in the day amid thin greenback demand from interbank players and merchant importers. We expect a familiar narrative in today’s session as foreign currency demand continues to […]
A water, sanitation and hygiene (WASH) in schools programme popularly known as WASH in Schools - has been launched at the Matany Primary School in Napak District, Karamoja Subregion. The programme, supported by the Korea International Cooperation Agency (KOICA) and UNICEF, aims to support districts in Karamoja deliver the national WASH in Schools standards in […]
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s new Africa-to-Africa (A2A) Investment Report, the first ever report on inter-African trade published by the Bank. The report unearths the realities African companies face when investing in the continent, the emerging trends in […]
Once again, the world’s emerging economies are facing a bout of uncertainty. Argentina, South Africa, and Turkey are among those generating the most concern, owing to a combination of questionable monetary policies and currency depreciation vis-à-vis the US dollar that threatens to undermine these countries’ ability to service their debts. But not all emerging economies […]
In line with its focus on bringing people together and supporting the development of connected communities, Facebook has announced the names of 116 people worldwide who have been selected to join the Facebook Community Leadership Program. The list includes Uganda’s Savio Lule Mark of The Youth Hub Uganda. Around a dozen African community leaders have […]
Ethiopia once again heads the league for hotel development in East Africa, according to a regional focus from an influential annual hotel pipeline survey. Details of the survey, which covers the whole of the African continent, will be one of the key discussions at the Africa Hotel Investment Forum (AHIF), which will return to Nairobi […]
A grim picture has recently been presented in a survey by the Kenya National Bureau of Statistics (KNBS); that of a whopping seven million Kenyans currently unemployed with only 1.4 million desperately looking for work. The dire times have resulted in the other 5.6 million giving up on job hunting altogether. In a country where […]
Now that US President Donald Trump has imposed a 10% tariff on yet another US$200 billion worth of Chinese imports, the US-China trade war has entered a costly new phase. As China follows through on its pledge to retaliate, the casualties will include more than half the bilateral trade between the two countries, with China […]
Africa Logistics Properties (ALP), a specialist integrated property investment company, has launched its first 49,000 sqm of modern grade –A warehousing at ALP North Industrial Park in Nairobi, Kenya, with 75 per cent of the facility pre-leased. This is at a time when other segments of the commercial, retail and residential real estate market are […]
Huawei, a leading global Information and Communications Technology solutions provider (“ICT”) has registered 800 plus I.T students from Universities all over Uganda to take part in the global Huawei ICT competition. This is the first round of registration that happened between 17th and 18th September 2018 at Makerere, Kyambogo, Muni, MUST, Lira, Gulu and Busitema […]
Violation of Workers rights in Uganda has been attributed to government’s failure to implement policies and regulations that govern the labour sector in the country, Gideon Badagawa, the Executive Director of Private Sector Foundation Uganda has said. Badagawa said Uganda has the best protective policies and regulations for workers but the government is not playing […]
One truism of the last three decades is that emerging markets are a leveraged play on global growth: they outperform when developed economies are growing, but they are susceptible to sharp downturns when global conditions are less favourable. This more or less remains true. But when considering emerging-market investment opportunities in the years ahead, one […]
One question that has long plagued organizations is how to improve performance among frontline workers, the people who actually drive customer experience. Our work with hundreds of companies offers a clear and simple answer. To show how it works, we’ll walk you through an example. In 2016 the leadership team of a national retail organization […]