Samuel Sanya, The New Vision of 26th August 2020, page 28 published an article titled “Bank transactions hit sh20 trillion” as a result of the recently released summitBI Banking Sector Report, 2020. Transactions in Uganda’s banking sector grew to a robust sh20 trillion from sh18 trillion the year before, helped by growth in agent banking,
The Daily Monitor, of 24th August 2020, published an article titled “Shs528b in banking exposed to profit repatriation” as a result of the recently released summitBI Banking Sector Report, 2020. The article notes thus: Uganda has 26 licensed commercial with most of them domiciled in countries overseas, which exposes the sector to massive capital flights.
High volumes of mobile money transactions, the report notes, have discouraged customers from the deposit with banks due to convenience Despite partnering with telecoms, banks continue to fill the impact of mobile money as it eats into their asset quality and profits. Mobile money at its inception disrupted financial sector, and bank despite the hesitation,
It is difficult to learn the art of listening without mastering the art of asking brilliant questions. During tough times like these of coronavirus, managers and leaders alike must ask great questions that seek to understand the context and perspective in which the business operations. Context looks at the internal dynamics. Perspectives provide external developments
If you have visited many board rooms as I have done, you have probably been asked this question several times that you may have lost count. Not me. I always take note of all rejections and assess why. I then take time to consider common objections and ideal responses. In these #COVID19 times, you have