DOCSLIB.ORG

The Effect of Initial Public Offer on the Stock Exchange Market in Uganda a Case Study of National Insurance Corporation ( Nic) Ltd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Effect of Initial Public Offer on the Stock Exchange Market in Uganda a Case Study of National Insurance Corporation ( Nic) Ltd THE EFFECT OF INITIAL PUBLIC OFFER ON THE STOCK EXCHANGE MARKET IN UGANDA A CASE STUDY OF NATIONAL INSURANCE CORPORATION ( NIC) LTD SUBMITTED BY MUGALULA SMUTS BBA/32433/102/DU A RESEARCH DISSERTATION SUBMITTED TO THE COLLEGE OF ECONOMICS AND MANAGEMENT SCIENCES IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF BACHELORS DEGREE IN BUSINESS ADMINISTRATION (FINANCE AND BANKING OPTION) OF KAMPALA INTERNATIONAL UNIVERSITY APRIL 2013 DECLARATION I Mugalula Smuts do hereby declare that the information contained in this research proposal is from my own findings and it has never been presented by anyone in any university or any other training institution. Signature .... ~.~!:~!:'::!. ...... Mugalula Smuts Date ..... ~-!:. !.~. ~/ .' . ~............. APPROVAL I certify that this research has been done by MUGALULA SMUTS BBA/32433/102/DU under my supervision and is now ready for submission to the college of economics and management sciences of Kam ala international university for examination. Signature ............... ................ RUTEGANDA MICHEAL Date ... .9. .~. .\~ . r. ..\ \3. .......... ii DEDICATION First, to God the almighty for giving me life, strength and courage throughout my education career, to my noble hearted and phenomenal mum Mrs. Halima Namakula and big sister Christine Namutebi for their tremendous job and guidance through out the battle. Also to my other siblings Nancy, Erias, Ephraim, Harry, Charity and Hope; a great family to reckon with. Lastly to all my beloved friends for their wonderful assistance rendered to me in all aspects. God bless you all iii ACKNOWLEDGEMENT My sincere appreciations first and foremost go to the almighty God, my parents for the financial and moral support toward the completion of my research. I also appreciate the efforts, encouragements and guidance of my supervisor RUTEGANDA MICHEAL for his tireless support for the success of this project. Great thanks to my friends and entire classmates for their encouragement in the entire course studies. iv TABlE OF CONTENTS APPROVAL ................................................................................................................ii LIST OF TABLES ....................................................................................................... 1 LIST OF ABBREVIATIONS ......................................................................................... 2 CHAPTER ONE ....................................................................................................... 4 INTRODUCfiON ....................................................................................................... 4 I .0 Introduction ....................................................................................................... 4 I Background of the case study ................................................................................. 4 1.3 Statement of the problem ................................................................................... 7 1.4 Scope of the study .............................................................................................. 8 1.5 General objective of the study ............................................................................. 8 1.5.1 Specific objectives ........................................................................................... 8 I 6 Research questions ............................................................................................. 8 I .7 Significance of the study ..................................................................................... 8 1.8 Conceptual framework .......................................................................................10 CHAPTER TW0 ..................................................................................................... 11 LITERATURE REVIEW .............................................................................................. 11 1.0 Introduction ................. , .................................................................................... 11 2.1 Definition of initial public offer ............................................................................ ll 2.2 History of Uganda stock exchange (USE) ............................................................ 11 2.3 Requirements for listing on stock market ............................................................ 13 2.4 Effect of NIC Share on the Ugandan market ........................................................ 15 2.5 Potential risk exposures arising out of an IP0 ...................................................... 16 2.5.1 Regulatory risks .............................................................................................. 16 2.5.2 Shareholder related risks ................................................................................. 17 2.6.3 Counterparty risks .......................................................................................... 17 2.6.4 Employee risks ............................................................................................... 17 2.7 Ways of Mitigating or Transferring the Risk ......................................................... 18 v CHAPTER THREE .................................................................................................. 19 RESEARCH METHODOLOGY ..................................................................................... 19 1.0 Introduction ...................................................................................................... 19 3.1 Research design ................................................................................................ 19 3.2 Research population ..........................................................................................19 3.3 sample size .......................................................................................................19 3.4 sampling techniques ..........................................................................................20 3.4.1 Questionnaires method ................................................................................... 20 3.4.2 Interviewing Method .......................................................................................20 3.5 Data Processing and Analysis .............................................................................20 3.6 Limitations of the Study ..................................................................................... 21 CHAPTER FOUR ....................................................................................................22 DATA PRESENTATION ANALYSIS AND DISCUSSION .................................................. 22 4.0 Introduction ......................................................................................................22 CHAPTER FIVE .....................................................................................................29 SUMMARY, CONCLUSIONS AND RECOMMENDATIONS ............................................... 29 5.0 Introduction ......................................................................................................29 5.1 Background Information .................................................................................... 29 5.2 Effects of Initial Public Offer to the stock market in Uganda a case study of NIC Ltd ..............................................................................................................................29 5.3 Discussion .........................................................................................................29 5.4 Recommendations .............................................................................................30 5.5 Conclusion ........................................................................................................31 5.6 Recommended areas for further study ................................................................ 33 REFERENCES ........................................................................................................34 APPENDIX 1 ............................................................................................................36 vi (a)INTERVIEW GUIDE .............................................................................................36 b) QUESTIONNAIRE ................................................................................................37 APPENDIX 11 ..........................................................................................................40 THE RESEARCH ESTIMATED BUDGET ...................................................................... .40 APPENDIX III ..........................................................................................................42 RESEARCH TIME FRAME WORK .............................................................................. .42 vii liST OF TABLES Table 1 :Gender of respondents .......................................................................................... 22 Table 2: Ages of Respondents ........................................................................................... 23 Table 3: The experience of the respondents ....................................................................... 23 LIST OF FIGURES Figure 1: Designations of Respondents ............................................................................... 24 Figure 2: whether there is risk involved in IPO ................................................................... 25 Figure 3: Whether IPO Has Impact on Stock Market.. .........................................................
Load more

Recommended publications
  • Report on the Implementation of the Investment Policy Review Uganda
    Report on the Implementation of the Investment Policy Review Uganda United Nations Conference on Trade and Development REPORT ON THE IMPLEMENTATION OF THE INVESTMENT POLICY REVIEW UGANDA UNITED NATIONS New York and Geneva, 2007 Report on the Implementation of the Investment Policy Review Uganda Note UNCTAD serves as the focal point within the United Nations Secretariat for all matters related to foreign direct investment. This function was formerly carried out by the United Nations Centre on Transnational Corporations (1975-1992). UNCTAD's work is carried out through intergovernmental deliberations, research and analysis, technical assistance activities, seminars, workshops and conferences. The term "country" as used in this study also refers, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgement about the stage of develop- ment reached by a particular country or area in the development process. The following symbols have been used in the tables: • Two dots (..) indicate that date are not available or not separately re- ported. Rows in tables have been omitted in those cases where no data are available for any of the elements in the row. • A dash (-) indicates that the item is equal to zero or its value is negligible.
    [Show full text]
  • Agent Banking Faqs
    Agent Banking Frequently Asked Questions 1. What is agent banking? An arrangement that allows a retail outlet serve as representative of the agent offering transactional services to the bank customers as defined by agency banking guidelines. 2. Where can I conduct agent banking transactions? You can perform your banking transactions at any agent in Uganda which has Agent Banking Company handshake Logo (black & green) available at the agent premises. 3. Where do I find the Standard Chartered authorised agents? The authorised Standard Chartered agents can be found at the locations below. No AGENT OUTLET NAME PHYSICAL OUTLET ADDRESS 1 Shell Namugongo Along Namugongo Road formerly Super oil Petrol Station 2 Shell Rubaga Road Along Rubaga Road 3 Shell Makerere Makerere - Bwaise Road, Opposite Eastern Gate 4 Shell Makindye Makindye- Opposite Military Barracks 5 Shell Muyenga Muyenga - Kibuli Road Towards Kabalagala 6 Shell Kansanga Kansanga - Next to Former Didi's World 7 Shell Najjanakumbi Entebbe Road - Opposite Kenjoy Supermarket 8 Shell Kampala Road Kampala Road before Commercial Plaza 9 Shell Portbell Portbell Road Adjacent to Silver Springs Hotel 10 Shell Kabowa Ndeeba, Nyanama Road 4. What should I do to become a Standard Chartered Approved Agent Visit any of the Standard Chartered branches to be provided the details of the requirements to become an Agent. 5. What types of transactions can I perform? As a Standard Charted Bank Uganda customer, you can conduct the following; a) cash deposit b) cash withdrawal 6. In which currency can I transact? You will only be allowed to perform cash withdrawal and cash deposit transactions in Uganda Shillings.
    [Show full text]
  • Annual Report | Uganda Development Bank Ltd
    2019 ANNUAL REPORT | UGANDA DEVELOPMENT BANK LTD 2019 Annual Report Improving livelihoods of Ugandans i www.udbl.co.ug 2019 ANNUAL REPORT | UGANDA DEVELOPMENT BANK LTD Our Mandate “To operate as Uganda’s Development Finance Institution, particularly through interventions in priority sectors and in line with the Government of Uganda’s development priorities” Purpose Statement “To improve the Quality of Life of Ugandans” High Impact Goals Reduce Poverty Build a Industrialize in Uganda – Sustainable Food Uganda – Create Uplift 500,000 System in Uganda Ushs 4 trillion in people out of – Relieve 1,000,000 industrial output poverty by 2024. people out of by 2024. hunger by 2024. ii 2019 ANNUAL REPORT | UGANDA DEVELOPMENT BANK LTD Table of Contents Minister’s Company Governance Foreword Overview Pg30 Pg03 Pg09 Operating Sustainability Financial Environment Report Sustainability Pg59 Pg64 Pg107 Human Financial Capital Statements Pg113 Pg117 iii 2019 ANNUAL REPORT | UGANDA DEVELOPMENT BANK LTD Definitions Value of Output: This is the measure of total economic activity in the production of new goods and services in an accounting period for the UDB funded projects. It is a much broader measure of the economy than the gross domestic product (GDP), which is limited mainly to final output (finished goods and services). Tax contribution: Refers to the annual direct or indirect taxes paid by funded projects. These include corporation tax, PAYE, VAT (18%), customs taxes, etc. Foreign exchange earnings: Refers to the foreign currency generated by funded projects expressed in Uganda Shillings equivalent. The foreign currency generated includes earnings arising from the export of goods and services Jobs created and maintained: Refers to the total number of permanent and temporary workers employed by funded projects and are paid a wage or income.
    [Show full text]
  • Radio Ownership and Its Impact on Political Speech in Uganda
    African Centre for Media Excellence - June 2011 THE VIEWS EXPRESSED MUST REPRESENT THOSE OF MANAGEMENT Radio Ownership and its Impact on Political Speech in Uganda 1 African Centre for Media Excellence - June 2011 Published by: (C) African Centre for Media Excellence For more information contact: African Centre for Media Excellence (ACME) Plot 124 Nanjala Road, Soya-Bunga P. O. Box 11283 Kampala Tel: +256 392 731 067 Fax: +256 392 254 167 Email: [email protected] Website: www.acme-ug.org Layout and Printing Graphic Mutations Ltd., Kampala (U) Tel: +256 414 691 238 / 752 436 317 Email: [email protected] 2 African Centre for Media Excellence - June 2011 Acknowledgement This study was conducted and authored by George W. Lugalambi (Ph.D), Bernard Tabaire, and Peter Nyanzi. The project was supervised by Peter G. Mwesige (Ph.D). We would like to thank Freedom House for supporting the study and the printing of this report. We would also like to thank the Uganda Communications Commission and FM radio station owners who agreed to be interviewed for their co-operation and support. 3 African Centre for Media Excellence - June 2011 Contents Introduction Objectives of the study The approach Access to radio during political campaigns The space for critical political discourse The role of regulation Conclusion: Implications for media freedom and political speech References About ACME 4 African Centre for Media Excellence - June 2011 Introduction The question of who owns the media has in recent years become a growing subject of debate and contention in Uganda. The need to address this question gained greater urgency during the 2011 elections as it emerged that access to radio, in particular, appeared to be influenced by political considerations rather more explicitly than at other times and in previous elections.
    [Show full text]
  • Improving Access to Finance
    46994 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized for SmallBusiness Creating Opportunities IFC, a member of the World Bank Group, fosters sustainable economic growth in developing countries by fi nancing private sector investment, mobilizing private capital in local and international fi nancial markets, and providing advisory and risk mitigation services to businesses and governments. IFC’s vision is that poor people have the opportunity to escape poverty and improve their lives. In FY07, IFC committed $8.2 billion and mobilized an additional $3.9 billion through loan participation and structured fi nance for 299 investments in 69 developing countries. IFC also provided advisory services in 97 countries. For more information, visit www.ifc.org. Creating Opportunities for Small Business Table of Contents 2 Foreword 3 Approach 5 IFC and SMEs 7 Improving the Business Environment 11 Improving Access to Finance 15 Providing Access to Markets, Business Skills, and Information 19 Creating New Opportunities Through Innovation 21 Measuring Results 22 Frequently Asked Questions 23 Contact Details 24 Donor Partners Creating Opportunities for Small Business 1 Foreword IFC’s vision is for people in emerging markets to have opportunities IFC plays a catalytic and innovative role in developing small to escape poverty and improve their lives. This vision drives all of businesses. We can tap the policy experience of the World Bank our work to develop the private sector. These efforts range from and mobilize the resources of a wide range of partners, including investing directly in businesses, to mobilizing private fi nancing governments, other multilateral and bilateral agencies, academic from other investors, to advising companies, governments, and institutions, foundations, nongovernmental and civil society other stakeholders in private enterprises.
    [Show full text]
  • Competition and Consumer Protection Scenario in Uganda
    Competition and Consumer Protection Scenario in Uganda Consent Consumer Education Trust #0313 Competition and Consumer Protection Scenario in Uganda Consent CUTS Centre for Competition, Investment & Economic Regulation Consumer Education Trust Competition and Consumer Protection Scenario in Uganda Published by: CUTS Centre for Competition, Investment & Economic Regulation D-217, Bhaskar Marg, Bani Park, Jaipur 302 016, India Ph: +91.141.2207482, Fax: +91.141.2207486 Email: [email protected]/[email protected] Website: www.cuts.org Consent Consumer Education Trust Desai House, Plot 4 Parliament Avenue, GPO Box 1433, Kampala, Uganda Ph: +256.31.260431/2 Fax: +256.31.260432 Email: [email protected] Printed by: Jaipur Printers P. Ltd. Jaipur 302 001 ISBN 81-87222-85-9 © CUTS, 2003 #0313 SUGGESTED CONTRIBUTION Ush4000/INR100/US$5 Contents 1 General Background ........................................................... 5 1.1 UGANDA’S MACRO-ECONOMIC AND TRADE FRAMEWORK ................................................................... 5 1.2 STRUCTURE AND PERFORMANCE OF THE ECONOMY ............. 5 1.3 TRADE POLICY OVERVIEW ........................................................... 8 1.4 COMPETITION POLICY IN UGANDA .......................................... 10 2 Competition Policy and Law in Uganda ........................... 13 2.1 POWER SECTOR ........................................................................... 13 2.2 TELECOM ...................................................................................... 14 2.3 TRANSPORT .................................................................................
    [Show full text]
  • LETSHEGO HOLDINGS LTD 2019 GROUP INTEGRATED ANNUAL REPORT Table of Contents
    LETSHEGO HOLDINGS LTD 2019 GROUP INTEGRATED ANNUAL REPORT Table of Contents About this Report 4 Evolving the Integration of our Annual Reports 4 Scope 4 Materiality 4 A Note on Disclosures 4 Our Values 5 Our Business 6 Commentary from our Group Chairman 8 Group Chief Executive Review 12 2019 Milestones 17 Our Journey 18 Our Group Structure 20 Our Solutions 22 Our Footprint 23 How We Create Value 24 Financial Highlights 25 Non-Financial Highlights 28 Portfolio Review 32 Our Leadership 36 Group Board of Directors 38 Group Executive Committee 46 Country CEOs 48 The Board 50 Composition and Structure 52 Board Process and Outcomes 54 Composition of the Board Committees 58 Executive Management Committees 62 Attendance at Meetings 66 Remuneration Policy 67 Governance Enablers 70 Compliance with King IV 74 Stakeholder Engagement and Material Matter 78 Stakeholder Mapping Process 80 Our Key Stakeholders 81 Our Material Matter Identification and Management Process 83 Material Stakeholder Matters 84 2 INTEGRATED ANNUAL REPORT 2019 Our People 88 Employee Value Proposition 90 Promoting Diversity 91 Employee Training and Development 92 Realising Financial Inclusion while Enhancing Financial Performance 94 Addressing the Needs of our Customers 96 Returning to Growth 98 Returning to Growth 100 Non-Communicable Disease (NCD) Care 104 Measuring our Social Impact 106 Consolidated Annual Financial Statements 112 Group Corporate Information 114 Directors’ Report 115 Directors’ Responsibility Statement 117 Independent Auditor’s Report 118 Consolidated Annual
    [Show full text]
  • Daily Pricing Sheet
    18th August, 2014 PAN AFRICA INDEX AND CURRENCY MOVEMENTS Country Index Name Index One Day MTD YTD 1 Year 1 Year FX Rate 1 Day MTD YTD Dollar Return % change Level % Chg % Chg % Chg High Low Current % Chg % Chg % Chg 1 Day MTD YTD Botswana BSE DCI 8,682.49 0.03 -0.07 15.61 22,116.00 7,255.90 1.00 761.87 761.87 678.51 762.10 761.27 800.03 Egypt EGX30 5,325.14 0.66 12.06 -2.51 5,969.39 4,523.32 1.00 600.98 600.98 536.39 605.63 685.49 520.40 Ghana GSE Composite 1,888.25 0.24 0.56 57.39 1,909.04 1,016.70 1.00 101.50 101.50 90.45 101.98 102.64 199.75 Ivory Coast IC COMP 208.77 0.91 -1.01 25.33 222.63 141.40 1.00 50,328.00 50,328.00 49,826.00 50,786.25 49,818.70 62,470.99 Kenya NSE 20 4,640.50 0.87 0.92 12.28 416,049.00 3,778.10 1.00 8,500.00 8,500.00 8,510.00 8,574.87 8,579.19 9,567.19 Malawi MSE AISI 6,999.98 0.06 1.24 16.37 6,999.98 5,874.77 1.00 32,600.00 32,600.00 33,369.50 32,620.57 33,004.49 38,846.96 Mauritius SEMDEX 1,869.06 -0.37 -2.38 7.91 1,956.29 1,653.98 1.00 3,000.00 3,000.00 2,955.00 2,988.48 2,926.20 3,196.64 Morocco MADEX 15,490.30 0.00 0.00 0.00 1.00 752.41 752.41 746.43 752.41 752.41 746.43 Namibia LOCAL 304.05 0.47 0.88 11.15 304.05 237.23 1.00 911.68 911.68 747.35 916.43 920.58 841.79 Nigeria NIG ALSI 37,128.40 0.31 2.67 32.23 40,012.66 20,025.93 1.00 15,950.00 15,950.00 15,515.00 15,999.55 16,377.88 20,547.60 South Africa JSE ALSI 39,638.54 -0.33 0.15 0.99 42,016.45 36,818.76 1.00 911.67 911.67 747.35 908.35 913.21 755.73 Swaziland SSX ALSI 289.42 0.00 0.00 1.31 289.42 284.32 1.00 911.67 911.67 747.35 911.67 911.67 758.47
    [Show full text]
  • Business, Human Rights, and Uganda's
    Business, Human Rights, and Uganda’s Oil Part I: Uganda’s oil sector and potential threats to human rights Gabriella Wass & Chris Musiime 1 Editorial Business, Human Rights, and Uganda’s Oil. Part One: Uganda’s oil sector and potential threats to human rights This paper is Part One of a four part series on business, human rights and oil in Uganda: Part One Uganda’s oil sector and potential threats to human rights Part Two Protect and Remedy: Implementing State duties under the UN Framework on Business and Human Rights Part Three Respect and Remedy: Implementing corporate responsibility under the UN Framework on Business and Human Rights Part Four Civil Society: Holding the State and businesses to account Author: Gabriella Wass Co-author: Chris Musiime Research Assistant: Iain Clarkson Editing: Fiona Southward Layout: Anne Hullebroeck Front Cover image: The future of this boy in this Lake Albert fishing village will certainly be determined by oil. This village falls within the 29 square kilometres of land that has been earmarked for the construction of an oil refinery (ActionAid 2013) Antwerp, July 2013 ActionAid International Uganda is an anti-poverty agency that takes sides with poor people in Uganda to end poverty and injustice together. A human rights based approach defines our way of working because eradication of poverty and injustice can only happen if the rights of the poor and excluded people are protected, promoted and fulfilled. International Peace Information Service (IPIS) is an independent research institute, providing governmental and non-governmental actors with information and analysis to build sustainable peace and development in Sub-Saharan Africa.
    [Show full text]
  • Innovation Systems and Development the Journey of a Beleaguered Nile Perch Fishery in Uganda
    Innovation Systems and Development The Journey of a Beleaguered Nile Perch Fishery in Uganda Maastricht Economic and social Research and training centre on Innovation and Technology © Copyright Rose Kiggundu, Maastricht 2006 ISBN-13: 978-90-5278-580-6 ISBN-10: 90 5278-580-5 Productie: Datawyse / Universitaire Pers Maastricht Innovation Systems and Development The Journey of a Beleaguered Nile Perch Fishery in Uganda PROEFSCHRIFT ter verkrijging van de graad van doctor aan de Universiteit Maastricht, op gezag van de Rector Magnificus, Prof.mr G.P.M.F. Mols, volgens het besluit van het College van Decanen in het openbaar te verdedigen op donderdag 26 oktober 2006 om 12.00 uur door Rose Kiggundu UMP UNIVERSITAIRE PERS MAASTRICHT Promotor Prof. dr. Lynn K. Mytelka Co-promotor Prof. dr. Banji Oyelaran-Oyeyinka Beoordelingscommissie Prof. dr. Robin Cowan (voorzitter) Prof. dr. ir. Wiebe Bijker Prof. Joanna Chataway, The Open University, Walton Hall, Milton Keynes, UK Acknowledgement When I started this research and learning journey six years ago, I thought I was going to write some kind of report like I always did in my past working life with banks, non- government organizations and donor agencies. A couple of years and mentoring exer- cises later, not only did I find that the world of academia had a completely different set of principles defining its values and character but also that a dissertation had its own life. My children, family and I chose to adapt our lives to the many demands of this dissertation. The path was far from easy but we were all determined to keep going and I must say we enjoyed the rollercoaster ride.
    [Show full text]
  • Dfcu 2020 Full Year Results
    dfcu 2020 Full Year Results STATEMENT FROM BOARD OF DIRECTORS “Our core business is solid and continues • Net loans and advances to customers grew by 15%. • Customer Deposits grew by 27%. Deposits Growth Trend to grow year on year, and we are pleased • Total assets increased by 18%. 3,515 30% to announce the proposal to pay dividends • Proposed dividend of 50.33 Shillings per share. 27% 2,595 to our Shareholders.” 2,515 20% Earnings Performance 1,979 2,039 Total revenue remained relatively stable year on year despite 1,515 10% the impact of the pandemic and a declining interest rate 3% We are pleased to announce the audited results for the environment. 515 0% year ended 31st December 2020. Due to the COVID-19 0% pandemic, 2020 was unprecedented in many ways having Loan provisions increased by 107% and impairment of an adverse impact across the world and in Uganda affecting the financial asset rose by 400%, to reach 50 Billion 2018 2019 2020 many sectors and livelihoods in different ways. While the (485) -10% consequently posting a net profit for the year of 24 Billion. Deposits% Growth impact of the pandemic affected our business operations, The Financial asset is composed of non-performing loans the Bank demonstrated resilience in the face of adversity that were taken over from the 2017 transaction. and our core business remained strong and continued to grow year on year. We are therefore pleased to announce Dividends Financial Strength the proposal to pay dividends to our Shareholders. The company remained well capitalized with capital ratios Sustained growth of total assets underpins the strength and of 19.34% and 20.94% for tier one and two capital viability of our business.
    [Show full text]
  • Effectiveness and Duplicability of the Youth Inspiring Youth in Agriculture Initiative Lessons Learned from Uganda RURAL EMPLOYMENT
    Effectiveness and duplicability of the Youth Inspiring Youth in Agriculture RURAL EMPLOYMENT Initiative Lessons learned from Uganda Case study Effectiveness and duplicability of the Youth Inspiring Youth in Agriculture Initiative Lessons learned from Uganda RURAL EMPLOYMENT by Yasuko Ose Value Chain Consultant, FAO Food and Agriculture Organization of the United Nations Rome, 2021 Required citation Ose, Y. 2021. Effectiveness and duplicability of the Youth Inspiring Youth in Agriculture Initiative – Lessons learned from Uganda. Case study. Rome, FAO. The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned. The views expressed in this information product are those of the author(s) and do not necessarily reflect the views or policies of FAO. © FAO, 2021 Some rights reserved. This work is made available under the Creative Commons Attribution- NonCommercial-ShareAlike 3.0 IGO licence (CC BY-NC-SA 3.0 IGO; https://creativecommons. org/licenses/by-nc-sa/3.0/igo/legalcode). Under the terms of this licence, this work may be copied, redistributed and adapted for non-commercial purposes, provided that the work is appropriately cited.
    [Show full text]