The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI. The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
University students have expressed concerns about the global rise of artificial intelligence (AI), fearing it could worsen the already high unemployment rates in Africa. They argue that with unemployment already rampant, the spread of AI may push more graduates into joblessness. Du
When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than
Democratic Republic of Congo's army on Tuesday said it had taken back the eastern town of Kalembe, a day after it was seized by M23 rebels, but rebels said they still controlled the town. Kalembe, a small town in Walikale territory in militia-plagued North Kivu, came under M23 control on
By this time 62 years ago, Ugandans were getting down to the business of being independent, and the big men were rubbing their hands, relishing the opportunity to be chiefs. Having allied with the pro-monarchist and federalist Buganda-dominated Kabaka Yekka (King Only) Buganda-dominated
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of
The Kingdom of Saudi Arabia is to pardon an unknown number of Ugandans held in their deportation centres and prisons before repatriating them to Uganda after negotiations with the government. The number of Ugandans to be pardoned will be known 60 days from now after Saudi Arabia has carr
African lawyers have written a protest letter to the International Criminal Court (ICC), claiming they were racially edged out of the institution’s recruitment process to pick a lawyer to defend warlord, Joseph Kony. In their protest letter dated August 26, the lawyers under their asso
