Orient Bank, MUBS launch Business Academy to skill small scale business owners

1902
4395

Orient Bank, a leading commercial bank in Uganda has partnered with Makerere University Business School (MUBS), Uganda’s oldest business education center, to train and facilitate over thirty small scale business owners through the Orient Business Academy to grow their businesses to the next level.

Speaking at the launch of the academy in its 3rd year  of running at MUBS, Orient Bank Limited’s Managing Director, Julius Kakeeto urged all small scale business owners to take part in finance literacy programmes to equip themselves with the relevant skills to enable them survive in the country’s competitive business environment and also position themselves for growth.

“A research done by Makerere University Business School in 2004 indicated that one  in every two Ugandan businesses that were started failed within three years. Despite the ranking the country got four years ago as the most entrepreneurial country in the world, the MUBS research still holds water today as businesses continue to struggle to make it to the 5 year mark.

This is why we started the Orient Business Academy. So that we can equip as many brilliant business men and women as possible to enable them grow and maintain their businesses and put Uganda’s flag at a new high someday,” Kakeeto said, adding that;

“A business needs a strong backbone in order to survive and this academy will definitely enhance what the participants already possess in form of talents and skills with the right direction from our carefully selected facilitators.”

The Orient Business Academy will run on an intensive 10 weeks training programme  that climaxes into  a graduation ceremony at which 5 top performers will be awarded with up to Shs20 million to finance their businesses as selected by a panel of judges comprised of the Academy’s facilitators and bank analysts .

Speaking at the same event, Makerere University Business School’s Principal, Prof. Waswa Balunywa (PhD) noted that programmes such as the Orient Business Academy hold the key to eradicating unemployment in the country and urged Orient Bank and other corporate institutions to open the trainings to other parts of the country for purposes of inclusion.

“We are pleased to partner with Orient Bank for the 3rd year running on the Orient Business Academy and we will continue to work together to shape the future of our business economy. Operating a successful business takes a lot of effort and continued learning given the changing trends of business operations globally and locally, especially now in the digital era. I therefore encourage all business owners and entrepreneurs to equip themselves with the necessary skills and information to beat the odds in especially our overly competitive business environment. I also urge companies like Orient Bank and the government which have opened their knowledge assets to the business community to expand these trainings across the country for the benefit of those that might not have the opportunity to travel to and from Kampala to access these trainings or simply develop an online training hub to which interested parties can subscribe and get certification.”

The academy focuses on training small scale business owners in the areas of; The Entrepreneurial Mindset, Bookkeeping, Competitive Market Analysis, Marketing, Human Resource Management, Operations Planning and Financial Planning.

Any small business that has been in operation for between 1 and 3 years (12 to 36 months) and has an annual turnover of less than UGX 120 million is eligible to participate in the Orient Business Academy which has over the past 2 years trained over 100 small scale business owners and rewarded 10 of them with financial support of up to shs120 million.

To qualify for the academy, interested persons are required to submit a duly completed registration form, with a registration certificate, a copy of a valid identity card and 1 passport photo to Orient Bank  by 11th June 2019.

1902 COMMENTS

  1. Hey there I am so happy I found your website, I really found you by error, while I was browsing on Askjeeve forr something else, Anyhow I am here now and would just like to say thanks a lot for a incredible post and a all round enjoyable blog (I akso love the theme/design), I don’t have timme tto read it all at the moment but I have book-marked it aand also added in your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up thee awesome b.

  2. I don’t even know how I ended up here, but I thought this post was good. I don’t know who you are but certainly you are goking to a famous blogger if you aren’t already Cheers!

  3. Oh my goodness! an incredible article dude. Thank you Nonetheless I am experiencing difficulty with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting equivalent rss downside? Anybody who is aware of kindly respond. Thnkx

  4. fantastic submit, very informative. I ponder why the opposite specialists of this sector do not realize this. You should proceed your writing. I’m confident, you’ve a huge readers’ base already!

  5. If only I had found this article sooner, I would have saved myself so much time. The way this article has been written is just fantastic! Not only is is extremely informative, it’s also very easy to understand. Excellent job! I like to try to learn something everyday, and this article has certainly enlightened me. As my old dad used to say “a day gone without learning something is a day wasted!”. I learnt a lot from this webpage, thanks. If you’re OK with it, I’d like to stick a link to this website from Twitter, is that fine?

  6. I?m impressed, I must state. Really hardly ever do I experience a blog that?s both enlightening and entertaining, and let me tell you, you have actually struck the nail on the head. Your suggestion is outstanding; the problem is something that inadequate people are talking wisely around. I am extremely satisfied that I stumbled across this in my look for something relating to this.

  7. With havin a lot articles do you encounter any issues
    of plagorism or copyright infringement? My site provides extensive completely unique content I’ve either authored myself or outsourced however it seems a variety of it is popping it up all over the web without my agreement.
    Are you aware any ways to aid protect against content
    from being stolen? I’d definitely appreciate it.

    Review my website; SelmaRRishor

  8. How in a little while to finger effects of clomid for low testosterone men? With men, Clomid is usually charmed through a slew of days benefit of at least three months. It takes more over and over again to descry results, and you shouldn’t surmise quick fertility improvement. Treatment normally takes at least a month to come any changes in semen can be seen, and a plenary three months before pregnancy rates may boast improvement.

  9. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these Second Life authors and blogs

  10. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these second life authors and blogs

  11. Great blog! Do you have any recommendations for aspiring writers? I’m planning to start my own website soon but I’m a little lost on everything. Would you recommend starting with a free platform like WordPress or go for a paid option? There are so many options out there that I’m completely confused .. Any suggestions? Kudos!

  12. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these second life websites and blogs

  13. Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these sl authors and blogs

  14. Have you ever heard of second life (sl for short). It is essentially a video game where you can do anything you want. Second life is literally my second life (pun intended lol). If you want to see more you can see these Second Life websites and blogs

  15. Admiring the hard work you put into your website and in depth information you present. It’s great to come across a blog every once in a while that isn’t the same outdated rehashed information. Fantastic read! I’ve bookmarked your site and I’m adding your RSS feeds to my Google account.

  16. Have you ever heard of second life (sl for short). It is essentially a video game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these second life authors and blogs

  17. Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these sl websites and blogs

  18. Have you ever heard of second life (sl for short). It is essentially a video game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these Second Life articles and blogs

  19. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these second life websites and blogs

  20. Schlusselnotdienst Schaafhausen – Kreis Luchow-Dannenberg (29451) – Tag & Nacht Turoffnungen![Url=https://schluesseldienst-service24h.de/schaafhausen-kreis-luechow-dannenberg-29451/]Schlusseldienst Schaafhausen – Kreis Luchow-Dannenberg (29451) – Turoffnung Schlusselnotdienst[/url] Schlusseldienst Schaafhausen – Kreis Luchow-Dannenberg (29451) – Turoffnung Schlusselnotdienst Ausgesperrt? Schlusseldienst service 24/7 Schaafhausen / Kreis Luchow/Dannenberg hilft schnell & zuverlassig bei Turoffnungen: – 0157 9246 5509 ? Wir kommen sofort! Ihr Spezialist fur Schlusselnotdienst in 29451 Schaafhausen / Kreis Luchow/Dannenberg.

  21. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these sl articles and blogs