Business

Commercial banks have revealed that they will also hike interest rates after the Central Bank hiked the lending rate. Over the past couple of months, Bank of Uganda has increased the CBR to 8.5%. Anne Juuko, the chief executive officer of Stanbic Uganda said this move by Bank of Uganda is apparently the only solution to inflation. However, it also ...

A 16 year old talented boy identified as Emmanuel Frank Hope from Akwa Ibom State in Nigeria has a dream of becoming one of the world’s greatest inventors. During an interview with BBC News Pidgin, the talented young boy narrated how he managed to build an excavator using syringe, wood and drip set. Besides building an excavator, he also built ...

The National Social Security Fund (NSSF), under the Hi-Innovator flagship sustainability program, seeks 92,400 female entrepreneurs to fund their businesses. Barbara Arimi, the NSSF communication and marketing officer told reporters that female entrepreneurs around the nation are fit if they dealt in commerce, technology, manufacturing and agriculture. According to her, each business to benefit from this would receive an equivalent ...

South Africa has many powerful and successful business men and as of today, they are qualified billionaires on the African continent. Patrice Tlhopane Motsepe who was born on 28th January 1962 in Soweto is the man behind South Africa’s mining industry and a popular billionaires in Africa. Check also: Meet Tanzanias richest man Patrice’s father Augustine Motsepe was a school teacher ...

Ever asked yourself when you should consider taking a loan. Do you even ever think about asking yourself why should take a loan. The number one thing that retards development is loans. People can take loans for the most avoidable things in this world. Not just a loan by the way but a very huge amount of money just for ...