The biggest problem in Uganda is the tendency to recognize foreigners at the expense of locals who are educated. Makerere University (MAK) is a globally recognized institution ranked 9th in Africa. That is no mean achievement. Local Ugandans operate it and train so many people in the region every year. Some time back the Minister of State for Works was quoted during a conference as saying that “Ugandan contractors cannot undertake big road construction projects because they are incompetent.” Before making such a comment, one needs to understand that Ugandans are very competent and hardworking. The problem is they are…

The summitBI® Banking Report contains a rare depth and analysis style as it is meant for a tactical and strategic user. It examines the domestic macro-financial environment with a focus on the performance and financial stability of each bank and the sector, against the CAMELS framework. Guided by the appreciation of the report’s readers and to further deliver the most comprehensive analysis of the banking sector, we have deployed Summit’s indices to bring out the true status of the Banking Sector. Below is the key findings from our analysis in this year’s summitBI® Banking Report 2020:  study figure 1 carefully:…