Business

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 ...

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 ...

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 ...

Your competitors in business are not your enemies but your colleagues in business. Have you ever tried to find out how best you can team up and work together. Remember there is enough money for us all and the existence of your competitors doesn’t make you lose money, your efficiency should bring you money. It’s a while trying to convince ...

Absa bank Uganda has announced the appointment of Musa Mai Jallow as their new retail banking director. This appointment took effect on 1 July 2021. ‘’Musa has a wealth of experience gained over a 23-year career in the banking industry. He joins Absa Bank Uganda from Absa Bank Mozambique, where he was the retail director and subsequently Head of Portfolio ...