ICAAP is a risk management process, a key aspect of Basel III. It is a process through which a bank identifies, measures, aggregates and monitors material risk. The bank ultimately builds a risk profile that becomes the basis for allocating capital. Under Basel III, bank supervision is moving to Pillars... Read More
“12,000 Schools on Sale Over Loans” proclaimed The New Vision headline on 30 September 2022. The newspaper reported that one of the affected entrepreneurs lost a school valued at UGX5billion (USD1,320,000) after failing to clear a five-year loan of UGX1.6bilion (USD430,000) To service this loan at a typical interest... Read More
In May 2022, the Minister for Finance, Planning and Economic Development launched the Uganda Retirement Benefits Regulatory Authority (Assignment of Retirement Benefits for Mortgages and Loans) Regulations, 2022. This regulation was long overdue following several pleas from savers. The regulations are detailed enough and everyone ranging from the saver (member),... Read More
In March 2022, the Uganda Registration Services Bureau (URSB) hosted the fifth Annual Insolvency conference under the theme “Emerging Trends in Corporate Restructuring in Uganda: What to expect and how to prepare “. This conference was timely given the negative financial impact occasioned by the national lockdowns arising from the... Read More
The New York Times recently reported eye popping investment returns by US based university endowments, including 56% by both...
In this article, we define investment readiness and provide a roadmap for SMEs seeking to access alternative sources of growth capital.
When the World Health Organization (WHO) declared the coronavirus a global pandemic on 11.March.2020, the number of confirmed cases worldwide was at the 100,000 mark. The WHO alerted all countries that the virus was spreading at an alarming rate and containment measures were urgently required. It became obvious that international travel... Read More
When the World Health Organization (WHO) declared the Covid-19 a pandemic on 11-Mar-2020, only 4% of patients were recovering from the virus. By then, it appeared that the virus had condemned many patients to early and premature death. However, the situation had brightened much to the relief of Governments and... Read More
The Covid-19 pandemic continued to hit most countries worldwide despite that some semblance of normalcy was slowly filtering in many countries. The bitter truth is that 328115 people had died from Covid-19 globally representing 7% of the confirmed cases of 4996472 as at 20-May-2020. There was increased optimism in that... Read More
Labour Day on 1 May 2020 in Uganda was a public holiday which may have gone unnoticed by many people. At that moment, many people are worried about the Covid-19 itself since it has claimed hundreds of thousands of lives already. The pandemic forced Governments to implement lockdown measures to... Read More