The Institute of Banking and Financial Services of Uganda conducted an educative webinar on the contemporary topic of the use of Big Data, Business Intelligence, Artificial Intelligence in the Financial Services Sector. The event took place on 20th October 2020 from 12 pm to 2 pm. As one of the panellists, I shared insights on how to harness data as a strategic resource. I had prepared a presentation explaining the basics of data analysis and application to the banking sector, which I did not get an opportunity to present. To download the PPT, here. Below is an extract of the…
Business liquidation: why is it expensive to close business in Uganda?
When you are young, so many ideas are flying in your head and you see opportunities everywhere you turn. To take advantage of the envisaged opportunities, you open a business, book a company name and register, obtain a Tax Identification Number (TIN), get a KCCA trading license, and open for business feeling happy about formalizing the business. In these Coronavirus times, many businesses are struggling. Some leaders are taking the honorable decision to close the business to avoid accumulating further obligations and costs. Some business lines are just not good around these tough times. When the business owners decide to…
