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Women Prioritized As SafeBoda Extends Credit To Merchants

Women Prioritized As SafeBoda Extends Credit To Merchants

SafeBoda started off initially as a ride-hailing App, however, it has initiated a move through which it will enhance women’s inclusion and also support their business growth. The company plans to give out working capital loans to its merchants to enable them to expand their businesses. According to Tim Jamieson, the company VP of Payments and Financial Services, they will ...

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Government Finalizes Plans For Assembling Buses In Uganda

Government Finalizes Plans For Assembling Buses In Uganda

President Museveni yesterday revealed how the government had finalized plans to start producing buses in the country. According to the President, these will help to ease transport in the massively populated Kampala Metropolitan Areas. Mr Museveni revealed how they arrived at this conclusion during a meeting with KCCA leaders, line ministers and the company responsible for producing these buses, Metu ...

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Uganda Won’t Achieve Middle Income Status Until 2040 – World Bank

Uganda Won't Achieve Middle Income Status Until 2040 - World Bank

Uganda gaining middle Income Status as a country is something the President has been obsessed with for the past few years. In his numerous addresses, he promised Uganda will soon jump from the cluster of third world countries to the middle income status. However according to world Bank experts, this wait will go more than a decade further before Uganda ...

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Bank Of Uganda Lowers Cheque Value Limits By Half

Bank Of Uganda Lowers Cheque Value Limits By Half

Bank of Uganda (BoU) has made a decision to lower the cheque value amounts that can be written on a single cheque leaf. This will affect five currencies including the Ugandan Shilling. The central bank noted that their decision followed a ‘no objection’ received from the Ugandan Bankers Association. On Wednesday, the central bank issued a letter to all commercial ...

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How To Develop Sense Of Financial Discipline To Succeed As An Entrepreneur

How To Develop Sense Of Financial Discipline As An Aspiring Entrepreneur

Your level of financial discipline will determine how far you will go in business. I have seen people creating a fortune and later destroying it themselves due to lack of financial discipline. It is very important to separate yourself from business. The money that your business make should never be used for personal development, it belongs to the business and ...

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