From the 21st to the 23rd of November 2016, the Government of Panama and UNDP will hold the Third Global Forum, “Business for Gender Equality: Advancing the Sustainable Development Goals”. UNDP and PSFU have sent a delegation to Panama to attend the forum. The Forum will bring together business leaders, governments, academia, labor associations and civil society to share best …

“So why do you want to sell this business?” I asked, after reading the financial statements. “This is a sound business; it’s profitable and growing nicely. Are you distressed by something?” “No, I’m happy and I don’t need the money. I just don’t feel I can take the business to the next level,” he replied confidently.   “Explain?”   “We …

Mpigi District Commercial Officer Mr Ronald Kazibwe and RDC Hajji Swaibu Lubega Wagwa have asked government to implement the Cooperative Societies Act, 1991 and block politicians from taking up administrative positions in cooperative organizations, blaming them to interfere with technical planning, decision making and day-to-day activities.Mr Wagwa said that research compiled by his office discovered that one of the reasons …

The Minister of Finance Planning and Economic Development Mr Matia Kasaija wants local government authorities to stop licensing foreigners who operate retail businesses in the country. “Local government leaders should stop giving them [foreigners] authorisation to operate such businesses. Retail business is easy and it should be left to Ugandans,” he said during a meeting between Uganda Revenue Authority officials …

National Housing and Construction Corporation (NHCC) has said they are resuming the construction of low cost housing estates countrywide to address the housing needs of the middle-income population. While commissioning the NHCC Impala Apartments in Namungoona on Tuesday, Mr Parity Twinomujuni, the NHCC chief executive officer, said during its inception in 1953, NHCC was meant to construct low cost houses …

Uganda is among the top six nations in sub-Saharan Africa in accessing credit, a new report reveals. The Institute of Chartered Accountants in England and Wales (ICAEW) in their latest Economic Insight: Africa Q3 2016 report launched this month notes that Rwanda tops in Sub-Saharan Africa when it comes to ease of credit financing. The accountancy and finance body’s report …

Although Uganda has moved up seven places in Doing Business ranking by the World Bank, moving from 122 in 2015 to 115 in 2016 out of 190 economies, it has been told by the bank to institute reforms to achieve better ranking. The World Bank Doing Business Report 2017 which is its 14 edition and themed ‘Equal Opportunity for All’ …

Finance Minister Matia Kasaija has declared an interest earning of 12.3 per cent for savers with the National Social Security Fund (NSSF), a decline from 13 per cent in the last financial year. “This rate is above the 10-year average rate of inflation at 8.85 per cent. I am pleased to note that despite the tough economic environment, the Fund …

The United Nations Development Program launched the Africa Human Development Report 2016 today at Kampala Serena Hotel under the theme Accelerating Gender Equality through Women Empowerment in Africa. The event at a breakfast meeting here various stakeholders attended. ms. Rosa Malango the UNDP Resident Representative for Uganda called on the business community to ensure gender equality at workplaces for increased …