Tag Archives | Uganda
According to an International Labour Organisation (ILO) report sub-Saharan Africa has the world’s highest proportion (40%) of women who are just contributing family workers and are only supportive of the primary income earner. Only 15% of sub-Saharan African women are salaried (in developed countries it’s around 90%), and for most a job is not about building a career but about survival. In spite of the fact that women play such a key role in the home, and economy, they are not properly recognised and rewarded for their contribution.
ClinicCommunicator is a web-based app that partners with private hospitals and clinics to send automated SMS or email communications to patients. The app is used primarily to remind patients of upcoming appointments (thereby reducing queues and waiting times) and remind them to adhere to their medication schedule (particularly important with conditions such as HIV/Aids and diabetes). It is also used to solicit patient feedback so as to improve service offerings.
Uganda is one of the most politically stable countries on the African continent, with a liberalised economy and good market access. Join us in conversation with key guests from senior leadership positions in Africa to discuss Uganda’s present and anticipated future projects, as well as the cost of doing business in Uganda, government reform, the financial sector and tax incentives.
Nigeria continues as the key player, ranking as the world’s 13th biggest oil producer, and the continent as a whole produces significantly more oil than it consumes.
Foreign investors are keenly pursuing opportunities in the small East African nation of Uganda in the fields of mining and agro-processing.
Mobile technology which allows clients to send cash with their telephones, has transformed business In East Africa and is now spreading to Europe.
The results of an online Africa Geographic Travel Survey released last month show that tourists are squarely in favour of the south and east of the continent.
Cameroon has cut some of its costly fuel subsidies, a move that will please international donors calling for reforms, although similar moves have been reversed in the past due to the threat of protests against subsequent price rises.
Investors establishing enterprises in an African nation or nations will soon find that the tax mix throughout Africa varies greatly from country to country, with some countries relying almost solely on one type of tax, while others have a more balanced approach to taxation.
The Uganda Revenue Authority (URA) has announced that the half year revenue performance for the financial year 2013/2014 has registered the largest ever deficit of USh 246.93 billion (Ugandan Shillings, equal to about US$ 99 million).
In this Africa Brief: East African countries are grappling with the challenge of how to fast-track training of oil and gas engineers after unexpected and continuing discoveries have positioned the region as a future global oil hot spot…Nigeria’s securities regulator was investigating pan-African lender Ecobank International over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday Nigeria’s SEC held meetings with Ecobank’s board of directors on August 6 to discuss the issue, which was raised by a suspended former head of finance at the bank, the source said, but did not elaborate as to what the bank was accused of misstating…
The level of interest by African banks in anti-money laundering (AML) has risen drastically, according to the 2012 KPMG Africa Anti-Money Laundering Survey. The survey revealed that 66% of the main board of directors have prioritised AML issues, as banks work to comply with stricter global regulations.
In June 2013, the Uganda 2013-14 Budget was presented in Parliament. Uganda Budget Brief is a general guide summarising some of the main features of the proposed Budget, including Economic and Budget commentary, and Tax Highlights.
On 13 June 2013, the 2013-14 Budget was presented in the Ugandan Parliament. Uganda Budget Brief is a general guide summarising some of the main features of the proposed Budget, including Economic and Budget commentary, and Tax Highlights.
REACT – the Renewable Energy and Adaptation to Climate Change Technologies – calls for innovative business models to bring sustainable technologies to rural consumers in response to the following challenges …
Africa Brief: Central Africa security focus, resources curse, banks post higher losses, Egypt, Uganda, Transnet and more
SA’s government and its military seem to be focused on the problems of central Africa — the geographical region, not the country — but the reasons for the growing involvement are hard to discern. 13 paratroopers were flown home in body bags after extraordinary battles in Bangui with Seleka rebels on March 23. SA is becoming more and more involved with peacekeepers and other military contingents in the Democratic Republic of Congo — with more on the way in a new intervention force in the eastern Kivu region — and in the CAR, and in Sudan’s Darfur region.
Economic growth in Zambia should reach 7 percent by the end of this year, deputy central bank governor Bwalya Ng’andu said on Friday Inflation in Africa’s top copper producer should end the year around 6 percent, Ng’andu said.
Egyptian consumer prices posted the biggest monthly increase in more than two years last month after the pound weakened to a record low amid the worst slide in foreign reserves in at least 15 years. Prices rose 1.7 percent month on month compared with 0.2 percent in December, the Central Agency for Public Mobilisation and Statistics said.
One of the most potent dangers to West Africa’s stability is the huge surge in drug trafficking and other criminal activity over the past decade. The region has become the conduit for narcotics from Latin America to Europe, while opiates from Afghanistan and Pakistan arriving via East Africa, are sent on to the US from West Africa after being cut and packaged.
Altech sold its money-losing East African businesses to Liquid Telecommunications for 8.6% of the shares in Liquid Telecommunications. Altech’s loss incurred in the year ended February 2012 was as a result of impairments on its East and West African businesses. Altech thought the East African businesses would benefit from being a part of Liquid’s larger more specialised network. This network will provided efficiencies and interconnectivity between different African countries not achieved in the past. Altech is planning on purchasing $16.5 million more worth of shares in Liquid Telecommunications.
Uganda will auction 13 blocks for oil and gas exploration when a new bill governing the petroleum sector is signed into law by the President Yoweni Museveni.
Ghana’s producer price inflation rose in December to 17.1% from 15.8% in November, due to increasing gold prices.
The April 2012 World Economic Outlook report published by the International Monetary Fund presented a sturdy but cautiously optimistic future for the various African economies. Sub-Saharan Africa particularly recorded a strong 5 percent growth in 2011 and was one of the regions least affected by the global financial crisis. With the exception of South Africa, limited financial ties to Europe helped shield the region from the financial havoc that tore through Western economies in late 2011.
Excluding South Africa, Sub-Saharan Africa is said to grow at 6.6% this year. When including SA’s 30% weighting in the Sub-Saharan Economy, the growth rate falls to 5.4%. President of the African Bank Donald Kaberuka says the dynamic in Africa is good however, there are risks when you consider the global environment.
The 2012 Africa Tax Academy took place in Nairobi, Kenya, from 9 to 11 July 2012, followed by a client breakfast with presentations by KPMG professionals from different jurisdictions on 12 July 2012.
Approximately 80 delegates attended the conference from countries such as Kenya, Nigeria, South Africa, Uganda, Rwanda, Sierra Leone, DRC, Malawi, Zambia, Botswana, Ghana, Tanzania, but also from Germany and Switzerland.