Gloria Barbara Adyero – the founder of Loremi Tours, a local travel agency notes that online marketing is an exciting new opportunity for the women in business to explore global markets in the comfort of their homes.
Stanbic Head of Corporate Social Investment CSI Barbara Kasekende said the the banks key focus area for Corporate Social Investment is education because it is a key factor to achieving transformational change in our countrys economy.
The highly competitive finale held in Kampala at Africana Hotel on Thursday. The four regional finalists who made it to the grand finale included: Muni Girls Secondary School, Mengo Senior School, Nakanyonyi Senior Secondary School and Bweranyangi Girls Senior Secondary School.
Dr. Samuel Sejjaaka, Uganda Development Bank Board Chairperson, says while trust and transparency lie at the heart of social life and are key to building a healthy economy, they have been lacking among many Ugandans that have set up family businesses.
Data compiled by URN from the results released by commercial banks for 2013 indicate that overall, profitability dropped by 21.2percent to Ugx 462billion. Of the 25 commercial banks, seven recorded a decline in profits, five posted losses and eleven had an increase in profits.
Nearly two weeks after the Central Bank announced the reduced CBR, a few commercial banks are beginning to respond. Stanbic Bank, the biggest by assets and deposits controlling one-quarter of the market, was the first to heed to Bank of Ugandaâ€™s call. The bank last week reduced its prime lending rate from 25 percent to 23 percent beginning September 28th.