Ugandan Risk Community

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Ugandan Risk Community

A networking platform for Uganda's Risk Management Professionals

Location: Kampala, Uganda
Members: 3
Latest Activity: Feb 26, 2013

Discussion Forum

Political Risk In Uganda

Started by Sylver Kyeyune Dec 2, 2010. 0 Replies

Many Institutional Board rooms could be concerned about our country's political risk. In view of the precedence, i would but not so much that i can miss my sleep over night. However, when you look at…Continue

Ugandan Risk Community

Started by Sylver Kyeyune Nov 10, 2010. 0 Replies

Welcome to this platform for Uganda's Risk professionals networking and information sharing. Kindly introduce yourself to the community Continue

Risk Management Trends in Uganda

Started by Sylver Kyeyune Nov 10, 2010. 0 Replies

How do you rate the Risk Management trends in Uganda?Continue

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Comment by Stephen Lukwago on December 1, 2010 at 10:15am
Risk management in Uganda is still in the infancy stage. The main drivers of of risk management are currently the Central Bank which has required all financial institutions under its watchful eye to set up frameworks. Support from the private sector is still very low though the trend might change soon when the economies of the EAC merge. In the public sector, progress is still very slow. The challenge right now is absence of a body or consulting company that can provide these services to the sectors at a cheaper fee.
What the country needs right now is awareness of risk management. Once the idea is sold across businesses, these consulting firms can start asking the exobitant fees. But right now, we need a subsdised body to spear head the selling of the necessity of Risk management.
 

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