By Ambrose Gahene The Innovation Village (TIV) and the Federation of Small and Medium-Sized Enterprises (FSME) on Tuesday signed a Memorandum of Understanding in Kampala, to Deliver Digital Literacy to Medium and Small Enterprises across Uganda. This partnership aims to address the urgent need for digital skills among small and medium enterprises (SMEs), which account
SMEs reap from rise in digital payments observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
Ugandans still waiting for Covid-19 stimulus package
Monday March 01 2021
KAMPALA- Businesses that were supposed to benefit from the government stimulus package from the Uganda Development Bank have not received any money.
In June 2020, government announced that small and medium size enterprises in agro processing, manufacturing and tourism sectors would receive about Shs1 trillion to support them during the lockdown.
The money was supposed to be channelled to eligible beneficiaries through the Uganda Development Bank (UDB).
However, many businesses have never received the money.
In January, UDB said it had disbursed up to Shs242b to vital sectors of the economy in 2020.
Embrace flexibility, integrity - Fresh graduates advised
Sunday February 28 2021
This screen grab shows the ED of Federation of Small and Medium Enterprises Mr John Kakungulu Walugembe speaking during the 7th commencement lecture at Ndejje University on February 26, 2021. PHOTO/COURTESY.
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The executive director of Federation of Small and Medium Enterprises, Mr John Kakungulu Walugembe, has tasked fresh graduates to embrace flexibility, integrity and positive attitude as basic principles for a successful life.
“Do not waste time roaming Kampala City streets hunting for jobs in a country where more than 30,000 graduate annually. You hold the keys to a successful life once you embrace flexibility and integrity,” Mr Walugembe said during Ndejje University commencement lecture held virtually at the main campus in Luweero District last Friday.
Electoral uncertainty limits investment - business leaders
Thursday January 07 2021
Traders in down town business is still low despite the relaxation of some Covid-19 containment measures. PHOTO | ALEX ESAGALA
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Investors are taking a ‘wait and see’ approach as they put off key investment decisions ahead of the general election next week. Most investors are keeping their purse closed until after elections when they are certain about the future and the direction of the country.
According to the private sector apex body in the country, investors— both local and international - have gone through hard times in 2020, due to the Covid-19 pandemic and the resultant containment measures instituted by the government since March last year.