Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, has unveiled a new MTN ‘API as a Service’ solution to enable third parties access its proprietary software platform and create value added services to accelerate digital transformation and innovation API an acronym for application programming interface is a software intermediary …
Read More »SME chief, John Walugembe graduates from Harvard University
Kampala, Uganda | THE INDEPENDENT | Uganda’s Small and Medium Enterprise Chief, John Kakungulu Walugembe, graduated from Harvard University’s John F. Kennedy School of Government on 29th May 2022. In a color full ceremony, held at the University’s campus in Cambridge Massachusetts, that was graced by the United States of America’s …
Read More »SME body speaks out on government’s budget plan, COVID-19 and economy
Kampala, Uganda | THE INDEPENDENT | John Walugembe, the executive director of Federation of Small and Medium Sized Enterprises Uganda has urged the government to practically implement its proposed economic recovery programme in a bid to improve peoples’ livelihoods. Walugembe speaks for the umbrella/business association that brings together over 112,000 micro, small …
Read More »Shs200bn COVID-19 relief package for small businesses in offing – SME body
Kampala, Uganda | Julius Businge | Small businesses that have been negatively impacted by the COVID-19 lockdowns could smile any time from now if government plan to inject cash into their enterprises come to pass. This follows a meeting where the Federation of Small and Medium-sized Enterprises was invited by the …
Read More »Kenyan firm joins Uganda’s pension sector
Kampala, Uganda | THE INDEPENDENT | One of Kenya’s leading independent pension administrators has joined has joined Uganda’s pension after being licensed by Uganda Retirement Benefits Authority. Enwealth Financial services formerly operating as Liberty Pension Services in Kenya joins the liberalized pension sector in Uganda to provide retirement benefits. Unlike National …
Read More »KCB sends customers to Japan-Tokyo for a business trip
Kampala, Uganda | Julius Businge | In a bid to support growth of business for its customers, KCB Bank Uganda has organised a business trip for its business club customers who will travel to Tokyo, Japan from the March 2-12, 2019. The 10 day tour of the city of Tokyo will expose …
Read More »Dfcu gets US$30m for SME
Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …
Read More »Ugandan excels in corporate consultancy
Kampala, Uganda | THE INDEPENDENT | Amos Bagumire, a Ugandan corporate consultant, has been recognized by CEO Global for his exceptional performance in a filtering process overseen by KPMG, the international financial services firm. Bagumire, the managing director of ABS Consulting Group was announced continental winner of the CEO Global Titan …
Read More »Deloitte: Uganda economy can expand with better SME financing
Kampala, Uganda | JULIUS BUSINGE | Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered. “With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, …
Read More »Uganda’s tax system unfair to SME’s
Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …
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