Your business generates a lot of data from both internal and external sources. Unfortunately, most of this data is noise if it is not analysed into insights to inform your leadership decisions. Big Data Technologies, advanced analytical models and computational methods have helped many organisations uncover inefficiencies and internal bottlenecks to growth. Take a case of Umeme, one of the key players in Uganda’s Electricity Supply Industry. Any electricity transmission and distribution company across the continent, can save money, reduce risk, and improve the reliability of critical assets while reducing both technical and operational losses through leveraging on enterprise data…
Business Intelligence, data analytics and revenue assurance as a service (BIDAaS)
Coronavirus has heightened the need for business intelligence and data analysis – where leaders must make decisions informed by data concerning which: branches or outlets to open and which ones not to, staff to work from home and which ones to come to the office, customers to focus on and which ones to let go, products and services to focus on, and which ones not to, are the most convenient days and times to open the bank branch, and which ones not? months of the year to give out loans, and which interest rate offers high performing assets, the busiest…
Best of WhatsApp: My Neighbour’s daughter escapades
I suddenly developed this throbbing headache while I was in the office this afternoon. It was still some two hours to my closing time. But not wanting to take anything for granted, especially this period in our history I quickly called in my PA and handed over the remaining jobs I had at hand to her while I left for home immediately. I knew I was going home earlier than usual, and I earnestly was wishing that the house would be quiet enough to allow me to get some rest. I told the driver to pack outside the compound so…
The size of Uganda’s banking sector, 2020
The banking sector in Uganda has seen steady progress over the years. In 2003, there were 14 commercial banks with a total asset base of Ugx 5.116 trillion, representing average assets per regulated bank of Ugx. 0.37 trillion. By the end of the year 2019, the sector’s total assets had risen to Ugx. 33.380 trillion, representing average total assets per regulated bank of Ugx. 1.28 trillion, representing a percentage asset base growth of 251% over the 16 years. Afriland First Bank from Cameroon also joined the financial sector to increase the number of regulated commercial banks in the country. The…
