Bank Financial Risk Managers in the past 12 years have been the busiest bunch recovering from the aftermath of the financial crisis of 2007-2008. These particular effects have brought about the adoption of more robust and prudent credit risk models such as the prominent International Financial Reporting Standards 9 (IFRS9) that was fully adopted in
In 2008, a top investment bank the Lehman’s Brothers along with a number of financial managers and institutions collapsed following depreciation in the subprime mortgage market of the United States consequently leading to an international banking crisis. A number of top firms sought bailout to survive this crisis. Download a White Paper on Why COVID-19
In 2016, economists projected an 8.4% GDP growth rate for Uganda attributed to oil production. There were a lot of preparations in anticipation. Uganda’s GDP growth has been volatile attributed to the ever-changing macro-economic dynamics. The key GDP drivers are services (52%), agriculture (23%) and industry 25%. Tourism and diaspora remittances contribution to GDP at
Restricted funds are ones that donors provide for defined programs and specific activities with clear performance indicators. The organization is not required to ‘vire’ or relocate to any other activities other than the ones the donors specified. It this inability to freely apply the funds to new and emerging priorities that make reliance on donor
Uganda was ranked 7th most targeted country in Africa and 65th globally by 2018 cybersecurity index. This means there is still a lot to do in terms of combatting cybersecurity. but this comes at an extra cost for companies that have access to people’s personal information such as banks, telecommunications firms, merchants or vendors and
The summit Project Frontline 2020 report brings you unique insights into the cyber threat landscape in various industries and organizations.
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