Development Archives – Page 4 of 13

Money does grow on trees: Why commercial tree planting offers a new approach to long term investment

by theceomaTop 10February 8, 2014February 8, 2014

By Steven Baryevuga As the Ugandan economy grows, people are getting wealthier, the middle class is surging and there is money for investing in long term ventures. In an era where saving and investment have become the major motivation for nearly all hard working citizens, everybody is looking at an…

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JUMIA launches in Uganda

by theceomaThe Big StoryFebruary 7, 2014February 7, 2014

By Taddewo Senyonyi Nigerian originating JUMIA, an e-commerce site in Africa has officially extended its services to Uganda. As the company enters the new market it will provide its new customers with a wide range of products including: fashion, electronics, home appliances, mobile devices and beauty at www.jumia.ug. The company…

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URA shortfalls, blamed on poor economic performance

by theceomaThe Big StoryFebruary 7, 2014February 7, 2014

By Silvia Nyambura According to economists, Uganda’s tax revenues have to grow at over 27% if the tax base is to recover from the Ushs 246 billion shortfall recorded in the first half of financial year 2013/2014. The revelation came as the national tax body the Uganda Revenue Authority reported…

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Tour Guide 2014: Top 10 must visit places in Uganda

by theceomaThe Big StoryFebruary 6, 2014February 6, 2014

The CEO team Uganda is the undisputed Pearl of Africa for it is not only endowed with numerous natural resources but also its social cultural settings set it apart. In no particular order, The CEO Magazine picks 10 places you must visit in 2014 for adventure, joy and relaxation purposes. 1. Chobe Safari Lodge…

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Victoria University to revolutionize Uganda’s University education

by theceomaThe Big StoryFebruary 5, 2014February 5, 2014

By Patrick Kagenda Shortly after being acquired from its original founders, Victoria University, which now is the first downtown University in Uganda`s capital Kampala, has promised to revolutionize university education in the country through offering a top quality studying environment. The University which is fully accredited by the National Council for Higher Education (NCHE)…

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Business women end one day EAC integration meet

by theceomaThe Big StoryFebruary 5, 2014February 5, 2014

By our Reporter A one day women business meeting organized by TradeMark East Africa in partnership with iCON Enterprise Foundation (formerly iCON Women & Young People’s Leadership Academy) themed: “Enhancing Participation and Amplifying Voices of Uganda Women in Business and Trade in the East African Integration Process

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Airtel Uganda partners with KCCA, British Council to promote e-learning

by theceomaICTFebruary 5, 2014February 5, 2014

By Patrick Kagenda Uganda`s second biggest telecom company by subscriber base Airtel Uganda has partnered with the British council to offer high quality e-learning to Kampala Capital City Authority (KCCA)’s Nakasero Primary school in Kampala. Under the deal, Airtel Uganda will offer internet services to the school digital hub as a means of…

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BoU maintains February key lending at 11.5%

by theceomaThe Big StoryFebruary 4, 2014February 4, 2014

By Taddewo Senyonyi Bank of Uganda (BoU), on February,4, 2014 maintained the February 2014 Central Bank Rate (CBR) at 11.5% to further control inflation. This follows an increase in annual overall inflation (Headline inflation) to 6.9% in January from 6.7 in December 2013, largely on account of annual food crop’s…

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Why you should embrace insurance in 2014

by theceomaTop 10February 4, 2014February 4, 2014

By Silvia Nyambura On 5th July 2013, Edward Gakwaya the Director of Muhabura Coaches lost 2 buses to a fire while on a routine servicing trip to the garage. According to Gakwaya, the buses were having their seats changed when a welding spark caused a fire and burned the 2…

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Government of Uganda , World Bank sign economic competitiveness agreement

by theceomaThe Big StoryFebruary 4, 2014February 4, 2014

Silvia Nyambura Uganda`s Ministry of Finance, Planning and Economic Development has signed a US$ 100 million line of credit with the World Bank to fund the Private Sector Competiveness and Enterprise Development project. The 5 year project will improve the competitiveness of enterprises in Uganda by supporting the implementation of…

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