Based on the data released by Uganda Bureau of Statistics (UBOS), economic growth is projected to average about 6.3 percent over the next five years. This growth is mostly being attributed to a rise in public investments, increasing growth in consumption, and improved agricultural productivity, which is largely tied to favorable and consistent weather conditions.… Continue reading A peek into the future of Uganda’s economy
The first time I inadvertently explored the intersection between entrepreneurship and Faith was when I had to choose between my Christian-biblical principles and losing a business opportunity. I was left in a dilemma, one that am yet to fully comprehend. Anyway, before I reduce Christianity to a series of start-up buzzwords, let me take a… Continue reading It takes Faith to be an exceptional entrepreneur
A good number of people have lost their property to banks because of failure to fully understand the terms of payment, not until it's too late. This failure has not only affected the borrower, but also banks in terms of Non-Performing Loans. (These result when borrowers aren't able to payback their loans within the required… Continue reading Bureau to stop banks from attaching borrowers’ property
The number of people leaving rural areas for city suburbs is increasing by the day. Most believe that the "pastures are greener" on the other side, with chances of accessing better healthcare, education, and job opportunities. This has resulted in an influx of the city suburbs and an imbalance in demand for food vis-a-vis its… Continue reading Investments in rural farms will ensure future cities are fed
Africa represents about seven percent of the world's internet users, and 37 percent of those are in the Common Market for Eastern and Southern Africa (COMESA) region. With those statistics, the continent is yet to reach a desirable level of digital connectivity. That said, benefits being enjoyed currently inspite of the limited access to mobile… Continue reading Why Africa should invest in digital technologies
Private Sector Foundation Uganda (PSFU), on behalf of Ministry of Finance is implementing a skills development facility (SDF) project to boost internship programs in vocational training institutions. The project will provide grants to companies that are active in agribusiness, construction, and manufacturing such that they are able to take on more students for internship programs.… Continue reading PSFU to boost internship programs in Uganda
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One of the newest figures to emerge on the world stage in recent years is the social entrepreneur. This is usually someone who burns with desire to make a positive impact on the world, but believes that the best way of doing it is, as the saying goes, not by giving poor people fish and… Continue reading Who is a social entrepreneur?
Every market is driven by different factors, some play very big roles in the subsequent transactions, while others aren't as significant. In today's article, I point out how the factors of demand and supply complement each other in this, the job market. Like in any other market, the employment industry is affected by factors of… Continue reading How does demand and supply affect your employment?
Over the years, technical and vocational institutes have carried a negative stigma in our society. This is because most people are so caught up in the formal school setting. Vocational institutes are looked at as a dead-end option for underachieving students. So, it's hardly an alternative for the average Ugandan household. However, given the recent… Continue reading Technical Institutions: An alternative to create employers.
In today's dynamic job market, the need to have a unique skill(s) cannot be emphasized enough. New work models are cropping up like freelancing, where employees don't have to necessarily sit at a desk to work for an organisation. Within many companies, teams are learning to be more agile, to work with distributed and remote… Continue reading Do you have the skills to keep your job?
NEW DELHI: Over 60 per cent of marketers in India believe new-age technologies are going to impact their workplace practices and consider it the next big disruptor in the industry, a new report said on Thursday. According to a global report by software major Adobe that involved more than 5,000 creative and marketing professionals across… via… Continue reading Impact of Artificial Intelligence being felt globally.
In today's article, I put into perspective the recent move by the Central Bank of Uganda of reducing the CBR in order to jumpstart the economy. Enjoy the read... In the past months, Uganda's economy has experienced a massive slowdown in its growth. A number of events have played a significant role in this economic… Continue reading Will a reduction in the CBR jumpstart Uganda’s economy?
The homerun obstacle race was scheduled for late last month and I was so looking forward to it. Unfortunately, a few days prior to the race I got sick and started second guessing my participation. This run was meant to demonstrate the challenges that refugees face while fleeing their home countries, usually in small families.… Continue reading The Homerun: If you’re willing, then it’s possible.
I usually take walks along the streets of Kampala everyday after work. Last Friday proved to be one of a kind, mostly because I was accompanied by an enchanting and brilliant young lady. Momentarily, a conversation ensued between us in which I got fully immersed. Just across the street, there sat an able bodied man… Continue reading Development starts from within us.
Putting things off is the biggest waste of life. It snatches away each day as it comes, and denies us the present by promising the future. The greatest obstacle to living is expectancy, which hangs upon tomorrow and loses today. You are arranging what lies in fortune's control, and abandoning what lies in yours. What… Continue reading Dare to live today!
I am always fascinated by the prospect of discovering a new definition of economics and its role in shaping the dynamics of our society. Some of you are probably still caught up in a maze of figuring out what this phenomenon called "Economics" actually is. A number of people perceive it differently and so have… Continue reading The state of Economics today.
We need to strengthen research for efficiently produced healthy food, while ensuring the availability of food at affordable prices. Finding out things like how much and how long it costs to produce a given crop, the available market say in a given region go a long way in ensuring that there's efficiency in production. With… Continue reading Relevant research is important for prosperity of the agricultural sector.
As trees grow, they help to stop climate change by removing carbondioxide from the air, storing the carbondioxide in the leaves and soil, as well as releasing oxygen into the atmosphere. Trees provide many benefits to us every day, they offer cooling shades, attract birds and wildlife, purify our air, prevent soil erosion, clean our… Continue reading Planting trees: A huge leap towards fighting climate change.
Food waste contributes greatly to world hunger. One solution includes placing a greater emphasis on post-harvest food preservation methods such as solar refridgeration, intelligent packaging and creating a world food preservation center. Charles. L. Wilson, Ph.D
Drought normally hits crops at the flowering and seed stages, which is critical in determining the size of a crop's harvest. Therefore, we need to look beyond the traditional food crops that we have become accustomed to, and start growing those that can withstand harsh weather conditions. According to Science Daily, lead researcher Dr. Kai… Continue reading Drought resistant crops are the way to go.
"There are ways for students to adapt their academic pursuits to compete with an increasingly automated workforce, by learning to be creative thinkers who improvise in ways that computers cannot." Business Insider We ought to capitalize on those soft skills that no machine or computer can offer.
After completing campus (University studies), the dream of every graduate is to get a job and apply the knowledge that we have amassed. We spend sleepless nights perfecting our CVs, making numerous job applications, and then dropping them off one office at a time. Finally, when that lucky break manifests and we get a job,… Continue reading Artificial Intelligence: Reality of a jobless future.
The theory behind Crane Bank's takeover by DFCU Bank.
When I was in college I thought I was sooooooo smart. I had a very little picture of a bottle Wisk detergent in my dorm room and I would tell who asked that, “every once in a while you have to take a little Wisk” and I would hand it to them. I know […] via… Continue reading Entrepreneurship: A risk worth pursuing?
The paramount doctrine of the economic and technological euphoria of recent decades has been that everything depends on innovation. It was understood that as desirable, and even when necessary, that we should go on and on from one technological innovation to the next, which would cause the economy to "grow" and make everything better and… Continue reading The cost of innovation
I believe in God, the Creator. I believe in His promise of an age to come where everything is made right. Fixed. Repaired. Like new. No more tears. No more pain. No evil. No dangerous options in the list of choices we have. (Personally, I hope to be eternally singing and playing in the band, serving with beautiful worship, but I’ll be ok with just making a loud, joyful noise – since I have experience at that.)
Therefore, my purpose is to listen and be taught by experience about spiritual things, to Share God’s Story in my life with anyone who’ll sit still long enough, to love, encourage, and be of service and support to the people in my sphere of influence, and to practice and prepare to exist in that coming age, whether it be a somewhere-else heaven, or an earth made heaven-like. This world is a classroom where…
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The typical job-search contests continue to dispute what really ensures success for someone starting out in a new career. While some argue that starting out in a small company offers the flexibility of juggling various mid-level management roles, others contend that a corporate structure provides the best place to get more regulated on-the-job training and… Continue reading The irony of choosing a career