By Robert Baldwin Much has been written about the need for Uganda to invest in its own energy infrastructure. The problem is, since 2012 over UGX 650Bn has already been raised for energy investments through the Uganda Securities Exchange (USE). The Initial Public Offer of Umeme Limited involved foreign investor Actis selling 40% of the…
By Saul Sseremba Imagine being in a room filled with people, all gathered for a shared purpose. You are not there just because of your title but because they trust you to give direction and inspire them toward a desired future. That is the essence of leadership; inspiring others, creating real change, and making lasting…
By Flavia Nabukeera Savings, to some, is a discipline, and to others, it is a tug of war where one compares what they earn and what they can put aside for future investment. Oftentimes, the outcome is resorting to not saving anything at all because they think they never have enough. But how does one…
BY DAVID WANDERA The concept of New Year, New Me” is probably as old as calendars, but be-coming a new version of yourself can be a little more complex than the mantra makes it out to sound. The in-stinct is to hit the ground running with as many objectives and targets as possible, but if…
By Dean Hack, Director for Coverage, Resources & Energy, Absa Securities United Kingdom, and Chetan Jeeva, Head of SA Corporate Lending at Absa CIB The world is rewriting its rulebook. It’s no longer just about what you produce but how you produce it. For resource-rich regions like Africa, the implications are profound: the value of…
By Immaculate Namanda With a population of 45.9 million, Uganda has experienced significant growth in the adoption of digital financial services. Approximately 20 million people now engage in mobile money transactions nationwide, a clear indication of the growing shift toward financial technology. This adoption also prompted banks to expand their agent networks to tap into…
By Kenneth Kawuki The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organizations. It is key to note that the procurement function in companies accounts for about 60% of the approved organisational budgets. Previously, the procurement function primarily revolved around negotiating the…
By Steven Mwesige A flurry of incidents in the news of cybersecurity breaches in recent weeks are a cause for concern, but a better understanding of cybersecurity need not be our new reality. In the old days, when transacting with your bank it was mostly face-to-face transactions. You would walk into the bank, line up…
This is a verbatim from the deputy governor at Bank of Uganda Micheal Atingi Ego. He made the remarks before journalists on the sidelines of the release of the Monetary Policy Briefing for December at the Bank of Uganda. I want to emphasise that the fact that investigations are still ongoing and I would not…
By Brenda Mpoora Kaka Mbabazi feels more in control of her life these days. She turned 73 at the beginning of this year and has never owned a bank account. Until June this year, when her granddaughter Patience signed her onto PostBank’s Wendi mobile platform in addition to registering her with her local SACCO. Long…
