Uganda is ranked one of the most entrepreneurial countries in the world, according to the Global Entrepreneurship Monitor Kampala, Uganda | THE INDEPENDENT | Private sector players have asked government to expedite the formulation and implementation of a National Startup Policy in order to address major impediments to the growth of …
Read More »High interest rates explained
Government executives fail to provide viable options to lower interest rates as experts propose initiatives Kampala, Uganda | JULIUS BUSINGE | Uganda government’s over-reliance on borrowing from the local market is the main reason behind the high interest rates. This was the general assessment that stakeholders during a seminar held …
Read More »Businesses can succeed during and after COVID-19
Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
Read More »Gov’t policies could hurt economy – PSFU
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation is concerned that the policies that the government is putting in place are likely to worsen the effects of the Covid 19 pandemic on the economic and social situations in the country. The Private Sector Foundation Uganda Chairman, Elly Karuhanga says …
Read More »Don’t vote politicians who derail COVID-19 fight – PSFU
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU) has called on politicians to take politics out of the Covid-19 pandemic and get serious about fighting it, if they are to prove their worth of being leaders. PSFU executive director Gideon Badagawa is particularly angered that the politicians …
Read More »NSSF bill discriminatory- PSFU
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund Amendment Bill, 2019 is discriminatory to employees in the informal sector, according to the Private Sector Foundation Uganda-PSFU. PSFU notes with the concern that the bill only provided for mandatory contributions for employees and employers in the formal sector. …
Read More »Qatar companies seek partnerships with Ugandan firms
Kampala, Uganda | THE INDEPENDENT | At least fifteen companies from Qatar are in Uganda to search for partnership opportunities with Ugandan counterparts. The companies are in six sectors, including manufacturing and agro-processing, which will be led to Uganda by the Qatar Development Bank in Uganda between September 10-11, 2019. …
Read More »Support National Graduate Scheme Bill
It offers a solution to the more than 500,000 unemployable graduates that enter the job market every year COMMENT | PATRICK AJUNA | Parliament is getting ready for debate of the National Graduate Scheme Bill, 2018 for debate in the following a series of consultations and discussions by its Committee …
Read More »Inside URA’s proposed customs taxes
Local consumers and businesses – not the exporting countries – will pay the price Kampala, Uganda | ISAAC KHISA | The good news coming from the Nakawa-based Uganda Revenue Authority (URA) is that local firms, will effective July this year, be protected from external competition as government increases taxes on …
Read More »PSFU blames Gov’t for not Implementing their proposals
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU) has accused government of failing to implement proposals they present during budgeting process. Speaking at the Ministry of Trade, Industry and Cooperative annual sector review, Moses Ogwal, the director policy advocacy at Private Sector Foundation said government usually accepts …
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