Uganda: Finance Intern Kampala, Uganda Danish Refugee Council Closing Date : 2016-10-28 Duty Station : Kampala, Uganda Organization: Danish Refugee Council Danish Refugee Council (DRC) is a private, independent humanitarian organisation working to provide durable solutions and promoting human security. Application : Apply for the job Share on: WhatsApp
Read More »Bank of Uganda takes over management of Crane Bank
The Bank of Uganda has with effect from today taken over management of Crane Bank Limited. According to a statement, the action has been taken upon the determination by the Bank of Uganda that Crane Bank Limited is significantly under-capitalised. BOU has appointed a statutory manager, Edward Katimbo Mugwanya, to …
Read More »The 3 Gupta brothers at heart of S.Africa graft scandal
Johannesburg, South Africa | AFP | Political drama, corruption allegations and even wedding party controversies — the Gupta family, one of South Africa’s wealthiest, has been accused of wielding undue influence behind the scenes. Now the immigrant family is at the centre of a row battering President Jacob Zuma after …
Read More »Manchester City make record revenue
Manchester, United Kingdom | AFP | English Premier League leaders Manchester City on Tuesday announced record turnover of $480 million and its Abu Dhabi owners said the club has reached a “turning point”. City, who were hit by UEFA sanctions over their finances in 2014, announced a 20 million pound …
Read More »Exchange rate qualms in October
The first week of October has not been smooth sailing for the Uganda shilling. By close of the trading week that ended Oct. 07, the local currency had run down from Shs 3,385/3,395 on Sept.30 to Shs 3,405/3,415 to the US dollar, representing a loss of Shs 20. This is …
Read More »Uganda’s stalled transformation
THE LAST WORD: By Andrew Mwenda Why Museveni has not transformed agricultural Uganda into an industrial economy and what can be done President Yoweri Museveni’s stated objective is to transform Uganda from an agrarian to an industrial nation. He has been in power for 30 years, the period South Korea …
Read More »Can Africa’s mobile money revolution reduce poverty?
Dakar, Senegal | AFP | When farmer Isaac Tondo fell on lean times in Liberia’s long rainy season, his brother in the capital sent 8,000 Liberian dollars (US$87) to his Lonestar mobile money account, ensuring his children’s school fees would still be paid. Across Africa more and more people — …
Read More »World Bank squeeze killing Ugandan economy – experts
Unlike most past World Bank country managers for Uganda, the current boss, Christina Malmberg Calvo, is relatively media wary. She, instead, prefers to work quietly behind the scenes to execute her two key result areas; leading discussions between the Bank and the Uganda government, and overseeing projects involving the World …
Read More »The bailout question
COMMENT: David Chandi Jamwa Bailout – How to get it done and done right without using taxpayers money For the past three months or so I have been seeing myriad opinions, sentiments, emotions, rebuttals, re-rebuttals, postulations, reverse-postulations, forwardings, withdrawals, denials, and in several cases outright rubbish, flying around the Ugandan …
Read More »Uganda’s financial inclusion success
Uganda is one of the top performers in financial inclusion, according to the US-based Brookings Finance and Digital Inclusion Project (FDIP). Uganda was ranked 5th among the 26 countries surveyed with the success being attributed to a strong level of mobile money adoption and the amendment of the Financial Institutions …
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