If it looks so gloomy, why is everyone seeing it as bright? KAMPALA, UGANDA | JULIUS BUSINGE | The banking industry in Uganda appears to be facing an uncertain future. Most banks are recording a mixture of good and bad performance, sluggish growth in private sector credit, rising non- performing …
Read More »AGOA at risk in East African war over used clothes
USED CLOTHES: What panic in Kenya and Rwanda’s firm stand mean for Uganda? Kampala, Uganda | ISAAC KHISA | Among optimists, the proposal by East African Community (EAC) member states to ban the importation of used clothes by 2019 is great because it could spark the growth of …
Read More »Tough festive business
Food prices remain high as service companies offer cuts The end of year festive season is coming during tough times and businesses need to devise new ways of reaching out to old customers and attracting news ones, according to Charles Ocici, the executive director of Enterprise Uganda, a UNDP sponsored …
Read More »Ocici on what it will take to transition into middle income status
The middle income outlook will depend on what Uganda will do to wake up the population to be productive and be consistent at it. The target for middle income is 2020 but right now 68% of our population comprises peasants. We are hoping each one of them will be having $1,050 as …
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