The annual inflation rate in Uganda, as measured by the Consumer Price Index, for the 12 months to August 2023 has been registered at 3.5% compared to 3.9% in July 2023, according to the latest data from the Uganda Bureau of Statistics.
The slowdown in inflation in August was attributed to the Annual Core Inflation, which slowed down to 3.3% in August 2023, compared to July 2023. The Inflation drop was further attributed to other goods, services, Rice, and maize flour whose annual inflation that dropped.
In addition, Annual Energy, Fuel, and Utilities Inflation also slowed to -2.7% from the -1.6% recorded in July 2023. A fall in inflation boosts effective demand since people can afford to purchase goods, and this in turn supports economic growth.
On average, there has been a reduction in inflation since October 2022, when it was at 10.7%. It gradually reduced to 10.6% (November), and 10.2% (December), and slightly picked up in January at 10.4% before reducing to 9.0% in March. In April inflation was further reduced to 8%, and currently stands at around 3.5%.
Ideally, reduced inflation should imply that there’s a stable investment environment as it reduces uncertainty and inflationary expectations. Investors are more likely to make long-term investment decisions when they can confidently predict future costs and returns.
This stability encourages both domestic and foreign investment, leading to economic development.
Ideally, a drop-in inflation allows disposable income which enhances aggregate demand, the driver of economic activity, increased consumer confidence, and lower interest on loans among others. However, a key concern is the fact that inflation has been going down yet the cost of living continues to be high. Several factors explain this issue;
Supply and Demand Dynamics: Inflation is influenced by various factors, including supply and demand dynamics. While inflation may be dropping overall, specific sectors or goods may be experiencing higher demand or facing supply constraints, leading to increased prices. This can affect the cost of living for specific services, even if inflation, in general, is declining.
Imported Inflation: Uganda relies on imports for many goods and services. Changes in exchange rates, global commodity prices, or trade policies can influence the cost of imported goods, which may not be fully reflected in overall inflation figures. Thus, the cost of living for imported items can remain high even if inflation is decreasing domestically.
Wage Growth: The cost of living can also be influenced by wage growth. If wages are not keeping pace with inflation or are growing at a slower rate, it can result in a higher cost of living for individuals and households.
City tycoon Sudhir Ruparelia has been awarded with the Lifetime Achievement Award for his outstanding charitable efforts to conserve wildlife and the environment.
The award was presented to Sudhir Ruparelia by the Chimpanzee Sanctuary and Wildlife Conservation Trust (CSWCT) in recognition for his charitable contributions to the trust and Ngamba Island Chimpanzee Sanctuary.
This was at the Trust’s 25th Anniversary Celebration held at the Speke Resort Munyonyo and attended by global icon, Dr. Jane Goodall, an English anthropologist and primatologist who founded the Jane Goodall Institute. The Trust and Sanctuary were both co-founded by the Institute.
While receiving the award,Sudhir Ruparelia said, “We at the Ruparelia Group and I personally are grateful to have been accorded a chance to be part of 23 of these 25 years of the Ngamba Island and pledge to continue being lifelong partners in this noble cause.”
Uganda’s Sudhir is supporting many charitable causes and empowering communities
“We hold the Chimpanzee Sanctuary project in the highest regard. It is a crucial part of the Ruparelia Foundation’s environmental and wildlife conservation pillar, which was established in 2012 by my wife Jyostna Ruparelia and me.
“I’d like to express my gratitude to the Trust for granting us the chance to join you as Partners in Wildlife Welfare. We also wish you a long life of happiness and success. I also want to congratulate the Jane Goodall Institute and the creators of the Chimpanzee Sanctuary & Wildlife Conservation Trust (CSWCT), commonly known as the Ngamba Island Chimpanzee Sanctuary, for their more than 25 years as partners in the welfare of Uganda’s wildlife,” he added.
Sudhir through his foundation has been supporting Ngamba Island Chimpanzee Sanctuary for over a 25-year period.
The group started working with the trust in 1999 barely two years after it was set up in 1997. The Ruparelias have since named one of the chimpanzees at Ngamba Island Ruparelia after the group and adopted it for life.
Since that time, Sudhir and I have had the honor of making an annual donation to the Ngamba Island Chimpanzee Sanctuary in order to provide “Ruparelia” (the chimpanzee) and all other rescued chimpanzees with a safe home to live as well as the food, medical attention, and affection they require.
The Ruparelia Group, one of Uganda’s largest business conglomerates with investments in financial services, real estate, education services, hospitality, agriculture, and media and broadcasting.
Uganda’s Ministry of Energy and Mineral Resources has revealed that the hike in fuel prices is being caused by the rise in the US dollar and the production cuts by oil producing countries.
Apparently a litre of petrol goes for between Shs5,100 and Shs5,430, while diesel, which had reached Shs4,600 at some stations, is now between Shs4,999 and Shs5,200.
According to the Ministry of Energy information officer Solomon Muyita, Uganda’s hands are tired in such a situation since we are importers of fuel and not producers.
“There are a number of factors causing the hike in fuel prices we are experiencing right now, one of them being the exchange rate; the dollar has gone up. The oil producers also scaled down on production as they wanted to balance their markets,” Muyita revealed.
“Uganda is a net importer of petroleum products. All the petroleum products we use in this country are from other countries until 2025 when we expect to have our own oil from the ground,” he added.
Oil producing companies under the Organization of the Petroleum Exporting Countries (OPEC) have now resumed their strategy of reducing oil supply on the market amid what they call a decline in oil prices as global economies begin to recover from #Covid-19.
In May 2023, several OPEC members announced 1.2 million b/d in collective cuts while Saudi Arabia cut an extra 1 million b/d in July, which has been extended through September.
Russia has also announced plans to cut oil exports by 300,000 barrels per day in September.
The Uganda Shilling has been sliding against the US dollar. On Monday morning, the shilling traded at 3714.96 against the US dollar. The GB pound opened at 4686.79 and sold at 4686.40.
BAT Uganda has called upon the government to ramp up efforts to curb illicit trade, which it says is impacting the sustainability of its business. In its unaudited half year 2023 results announced today, the company posted a 4% decline in gross revenue to Shs48.6 billion. Profit after tax reduced by 2% to Shs3.8 billion reflecting the lower revenue, partly offset by a decrease in cost of operations.
Operational costs reduced by 4% to Shs18.7 billion, in line with the drop-in sales volume and an inflationary increase in input costs.
BAT Uganda Managing Director, Mathu Kiunjuri remarked: “Our business continues to be impacted by general macro-economic volatility and rising inflation, which is mounting pressure on consumer purchasing power. This is exacerbated by a high prevalence of illicit trade in tax-evaded cigarettes, estimated at 29% as at the end of 2022 (Source: 3rd party research).”
“While our business remains resilient, the impact of illicit trade cannot be overstated. For the first half of 2023, our contribution to the exchequer declined by 4% to Shs27.2 billion due to reduced sales. It is estimated that illicit trade in cigarettes denies the government approximately Shs30 billion annually and threatens the livelihoods of legitimate Ugandan businesses and their value chains. Third party research indicates that the most prevalent illicit cigarette products are those without the required tax stamps or have fake tax stamps and or have absent or altered graphic health warnings on their packaging. Additionally, we have noted the unlawful sale of flavoured cigarettes, especially those smuggled from neighbouring countries and further afield.”
“We acknowledge efforts by the government to fight illicit trade, including seizure of illicit cigarettes and public education on tax compliance by the Uganda Revenue Authority. However, given the dire situation, it is critical that the government doubles its efforts for a meaningful and lasting impact. This includes ramping up multi-stakeholder and cross-border collaboration to ensure full implementation of the Tobacco Control Act, 2015, and the Tax Procedure (Tax Stamps) Regulations, 2018, which contain measures to address illicit trade.”
BAT Uganda chairman, Elly Karuhanga said: “This year we are proud to mark 95 years of operations in Uganda. Over the years, we have made sustained contributions to the socio-economic development of the country, including supporting the livelihoods of over 30,000 Ugandans in our value chain, delivering sustained value to approximately 1,200 local (East African) shareholders and contributing to domestic tax revenue.”
“As we work to build a future-fit business, BAT is on a transformation journey anchored on our purpose to build A Better Tomorrow by reducing the health impact of our business. This is underpinned by our Environment, Social and Governance (ESG) priorities: driving excellence in environmental management, delivering a positive social impact and ensuring robust corporate governance across the business. As we navigate this transformation, we will continue to contribute transparently to national dialogue to advocate for sustainable fiscal and regulatory frameworks.”
President Yoweri Kaguta Museveni on Friday commissioned Uganda’s first-ever railway concrete sleeper Factory in Kawolo, Lugazi, Buikwe.
Museveni applauded the proprietors of the factory- Imathia Construction, headed by the company’s Chairman Mr. Julian Garcia Velverde for helping Uganda achieve part of its vision of building an economy that is integrated, independent, and self-sustaining.
“If you remember right from the beginning, point number five of the NRM program which we wrote long ago, we advised Ugandans and Africans in general to build an economy which is integrated, independent, and self-sustaining. This is part of the problem in Africa today; when you hear of all these endless crises in Africa, it is because of failing to get to that point,” President Museveni said.
“I want to thank the Spanish Group, Imathia for helping us, in this case in implementing part of this effort because Uganda needs the railway system which needs a number of things like sleepers and rails. Now, if they are all not made here what does it mean? It means that you must buy them from outside and if you buy them from outside, transport alone is too high, what will happen?” he added.
President Museveni further revealed that the government was in the final stages of developing Uganda’s own steel industry, an attribute that will help the country to start manufacturing rails, also used in the construction of railway lines.
“We also need the rails themselves for the Standard Gauge Railway. We may not do it immediately because the rails need very good steel but we shall also work on it because we are developing our steel industry in Kabale. We shall be able to produce that type of steel that is needed by the railway system, not only here in Uganda but also in other parts of East Africa.”
The chairman of Imathia Construction Mr. Julian Garcia Velverde commended the President, the Ministry of Works and Transport, and the Board and Management of Uganda Railways Corporation for the wonderful hospitality and support they have given to them since making the decision to invest in Uganda.
“As you have seen during your tour of the Plant Sir, this railway concrete sleeper factory has a 90% local staff component. The young Ugandan men and women have learnt how to operate this plant and I am in no doubt that one day we shall be 100% Ugandan Operated,” he said.
“Your Excellency, the investment we have here has the capacity to supply sleepers for all the rehabilitation works the railway is undergoing, I wish to appeal to you and to the Honourable Minister of Works to consider utilising this new technology to Uganda and replace the current steel sleepers with these concrete sleepers.”
Mr. Garcia further informed the President that concrete sleepers are the most suitable technology in modern railways for meter gauge and also SGR railway option that is on the country’s transformational agenda.
“The concrete sleepers increase safety, increase comfort, speed as well as decrease the maintenance cost of the track and there’s less vandalism associated costs.”
Mr. Garcia also noted that Imathia was contracted to renovate the Kampala- Mukono line and he assured the President that they are working within schedule to complete the project.
The factory whose workforce is over 90 percent made of Ugandans, has a daily production of 208 concrete sleepers of meter gauge sleepers for the Refurbishment Kampala-Namanve-Mukono.
The Director of Public Prosecution Justice Jane Frances Abodo has directed that all files with charges preferred under the Anti-Homosexuality Act first be submitted to the Headquarters for further guidance before the prosecution process is affected.
Her decision comes barely three weeks after the World Bank decision to suspend its financing to Uganda. The World Bank Group’s decision followed the government’s decision to enact the Anti-Homosexuality Act, 2023. The World Bank said that the new law contradicts its moral values of eradicating poverty without discrimination.
The Anti-Homosexuality Act (AHA) came into force on May30, 2023. The law the law aims at protecting traditional families by prohibiting sexual relationships between people of the same sex, strengthening that country’s capacity to deal with emerging threats to the traditional family, protecting the cherished culture of Uganda and protecting children and youth who are vulnerable to sexual abuse.
In her communication to all prosecutors, Abodo said it has come to the attention of her office that a number of charges of Homosexuality and Aggravated Homosexuality are being preferred by some officers without initializing some crucial aspects of the act.
“It is important to note that the law only criminalizes offences where a sexual act has been performed. The term “sexual act” is defined under Section one of the Act,” she said in a statement.
She noted that it is also important to note that Sections2 (5) and 3(5) of the Act provide that for the avoidance of doubt, a person who is alleged or suspected of being a homosexual, who has not committed a sexual act with another person of the same sex, does not commit the offence of homosexuality under this section.
“Officers are therefore advised to peruse files with offences under the law cautiously while taking into account the above-mentioned provisions. You are hereby directed to ensure that all files with charges preferred under the Act should first be submitted to Headquarters with a written legal opinion for further guidance before a decision to charge is made,” she stated.
Stanbic Bank Uganda (SBU) in collaboration with UN’s International Fund for Agricultural Development (IFAD) have announced a partnership that will significantly cut the cost incurred by Ugandan migrants abroad to send money home through FlexiPay, a mass digital payments platform.
The average cost of sending money back home for Uganda’s migrant workers is 11.3 per cent, higher than the global average of 6.25 per cent and African standards 8.35 per cent, more than double the Sustainable Development Goals’ (SDG) recommended target of 3 per cent.
IFAD is partnering with Stanbic Bank under the PRIME Africa Initiative (PAI) to promote affordable digital remittances in rural Uganda through the lender’s e-wallet—FlexiPay, which enables simplified onboarding of unbanked Ugandans to access financial services.
Uganda ranks in the top 10 sub-Saharan Africa remittance recipient countries. In 2022, international remittance flows to Uganda reached US$1.2 billion, close to the pre-covid values (US$ 1.4 in 2019), mostly coming from Europe, Middle East, and the USA. These flows represent around 3 per cent of the country’s yearly gross domestic product (GDP) for the past decade.
Most remittances (75 per cent) are used to fight poverty and improve access to nutrition, health, housing, education. The remaining quarter is also used to support entrepreneurial activities, facilitate access to financial products such as savings and credit, leading to financial inclusion.
IFAD’s new partnership with Stanbic Bank means that Ugandans abroad will pay a transaction fee of less than 3 percent when using FlexiPay to send money to their relatives back home, initially, within two of the most relevant remittance corridors: Kenya-to-Uganda and the Sweden-to-Uganda.
Pedro De Vasconcelos, Manager FFR said, “With IFAD’s financial support, FlexiPay wallet positions SBU to overcome the market barriers, having a crucial role in responding to the needs of remittance families whenever digital financial services offer the most affordable solution. Safe and easy electronic payments make mobile money a popular alternative to traditional bank accounts.”
Sam Mwogeza, Stanbic Bank Uganda’s Executive Head for Personal and Private Banking (PPB) said, “FlexiPay has a simplified onboarding process that facilitates un(der)banked clients’ uptake. The wallet allows its users to store and transfer money, pay bills, top up airtime and transact through a feature phone as well as a smartphone. We are delighted to extend affordable international remittances in partnership with IFAD through Flexipay and reach rural remittance recipients.”
In addition to developing FlexiPay’s capability to support remittances, IFAD’s partnership will also extend to supporting Stanbic Business Incubator, a sister company of Stanbic Bank, to design and implement digital and financial literacy trainings for Savings and Credit Cooperative Societies (SACCOs), aimed at empowering and fostering rural based citizens to adopt the FlexiPay wallet among remittance recipients.
Despite its competitive price, the uptake of digital methods for sending and receiving money is still hindered by the lack of financial and digital literacy and the lack of trust in digital payment methods, as well as by the limited number of access points in rural areas, and the high percentage of informal remittances coming from the neighbouring countries.
IFAD is an international financial institution and a United Nations specialized agency. Based in Rome – the United Nations food and agriculture hub – IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition, and strengthen resilience. Since 1978, we have provided more than US$24 billion in grants and low-interest loans to fund projects in developing countries.
The Britam Asset Managers Uganda has introduced an investment solution that gives its clients access to competitive, short term interests on their fixed tenor investmentsfor a pre-determined time. This follows the launch of the Fixed Income Money Market Fund (FIMMF) dubbed, Britam Easy Earner, today by the Britam Assets General Manager Ronald Kasolo.
Commenting on the new product Mr. Kasolo elaborated that it is a collective savings scheme fund, a relatively low risk investment that will offer investors a stable return for specifiedtenures varying from three months, six months and 12 months with a possibility of an extension.
Britam Easy Earner is designed to serve the needs of investors whose primary goal is to minimize investment volatility, and earn a stable return on their investment portfolio. The fund aims to provide investors with returns on investment over the short to medium term.
“Given the changing business terrain, we are always challenged to keep innovating new products that can best serve the varying portfolio of our clients. This particular product covers both the short to medium term investors given the different investment tenures. If someone can fix a given amount of money for only three months, we are ready to serve you. If you want to fix money for 12 months we have you covered as well,” said Mr. Kasolo.
“One of the major benefits we are offering to our clients through this product is tax efficiency. The interest earned will not be subjected to withholding tax. In addition, the product offers investment diversity, encompassing investment areas such as money markets securities, including government treasury bills and fixed income securities such as government treasury bonds.”Noted Mr.Kasolo as he further elaborated on the benefits associated with this investment product.
With the Britam Easy Earner, the Company seeks to attract retail customers seeking returns on their monthly savings, parents seeking low to medium risk annual returns as they save for their children’s education, high net worth individuals looking for diversification and alternative streams of income among others.
Corporates and SMEs also stand to gain from the fixed income money market fund. They can invest part of their revenue reserves and funds lying idle in bank accounts. The returns on investment can fund business expansion or be a source of project financing revenue.
Institutions could also gain from this product such as the educational institutions that receive large sums of money at the beginning of a term or semester, for gradual deployment over the term/ semester. These flows require a product that allows for locking of funds into predestined tenors that align to funds requirement points.
FIMMF allows investors to access their cash when they need it with flexible withdrawals within 72hours. Britam customers can invest the fund at its branches, with minimum subscription amounts of UGX 5M and a minimum top up of UGX 2M.
Britam Asset Managers, launched in 2017, is holding 12% of the industry’s Assets Under Management. It is regulated by the Capital Markets Authority.
President Museveni and the retiring army generals.
President Yoweri Kaguta Museveni who is also the Commander in Chief of the Uganda Peoples’ Defence Forces (UPDF) has advised the retiring senior army officers to invest their retirement package wisely.
“This retirement, do not regard it as becoming redundant now, no, not at all. This is like a mutation; from one form of service to another one and that is why we had to hold on to retirement until we had solved the problem of package and I can assure you that what you are going with is considerable. That is why last year I permitted the retirement of generals and that is why for a long time we did not permit the retirement of casualties at Mubende. We said they should stay until we give them a good retirement package to make sure that their lives in the villages are good. Now this package that you have got is really good,” President Museveni said.
Gen Museveni made the appeal today at State House Entebbe as officially retired 11 army Generals. The generals join other 99 senior army officers from the rank of Major to Colonel who retired on August 25, at the Ministry of Defence Headquarters in Mbuya, making a total of 110 senior officers who have retired this year.
The 11 generals include; former Inspector General of Police (IGP), Gen Kale Kayihura, Lt Gen James Nakibus Lakara, Maj Gen Samuel Wasswa Mutesasira, Maj Gen Joseph Arocha, and Maj Gen David Wakaalo.
Others are; Brig Austine Kasatwooki Kamanyire, Brig Stephen Oluka, Brig Frank Katende Kyambadde, Brig Emmanuel Kwihangana, Brig Wilson Muhabuzi and Brig Ham Atwooki Kaija.
The President advised the retirees not to misuse their retirement package by investing in ambitious projects like building schools and hotels.
“You should do something small which you are sure of. Like a man called Nyakana in the Fort Portal area. He has listened to our message and with 1.2 acres of land, he earns over Shs240 million in a year from eight cows of milk and poultry eggs so if you can get 5 acres, this is a lot of land that can help you to get a lot of income. If you invest in food production, you cannot go wrong. You see when we got Corona, things like tourism collapsed but eating never collapsed,” he emphasized.
“Apart from anchoring your future using the retirement package, you just sit down and become local councilors of the local people, they will come to you and advise them on what they can do for themselves to improve their household incomes. You are now going to become a new commissar and officer in a wider population. People will come to you, but they will come to you when you are stable.”
On the other hand, President Museveni lauded the retirees for belonging to a glorious army like UPDF and for making their own contribution to the development of Uganda.
“The strong revolutionary force that we built did not only rescue Uganda but somehow contributed to some situations in the region of the Great Lakes. Therefore, I really congratulate you for belonging to such a glorious force and making your own contribution to it because it solved very many problems for our people. When you look at our economy now, it’s a totally different story from what it was in 1986 and even different from what is happening in the world. Even today, even if you compare it to the whole world, you can see the difference. When you look at inflation, it is 3.9 percent in Uganda but in many countries, the world inflation is very high. People don’t have food in many parts of the world, and this is due to the mistakes made by the leaders.”
The Minister of State for Defence and Veteran Affairs, Jacob Oboth Oboth thanked President Museveni for his great leadership that has made UPDF a force to reckon with.
“I also congratulate the retiring generals for the successful military service spanning over years and for retiring honourably. You leave behind a tremendous legacy, not just for the accomplishments of the UPDF but also for cadres of astute character. You have successfully led and mentored others and fostered many relationships that will stay with you long after you begin the new chapter of your life. I know that you are retiring with goals that are not yet accomplished given the complexity of the world in which we live. The work will never be finished but you are passing the mantle, knowing that you have made positive changes directly impacting on the wellness and operational effectiveness of the mighty UPDF,” he said.
The Chief of Defence Forces General Wilson Mbasu Mbadi thanked the President for hosting and blessing the retirement ceremony. Gen Mbadi also congratulated the retiring generals for successfully reaching the final stage of their careers.
Gen Mbadi further thanked the President for the enhanced emoluments for the retiring generals which have settled their hearts. “We therefore want to thank you for the enhanced emoluments which have cured the fear of the unknown and the reluctance for retiring,” Gen Mbadi said.
Gen Kale Kayihura who spoke on behalf of other retiring generals expressed his gratitude to the President, general court-martial, and other authorities in the UPDF for finally freeing him of all the charges. “I am the happiest human being on earth now,” Gen Kale noted.
Gen Kale said that after a long term of service and the achievements the UPDF had made it was the right time for them to retire and let the young and energetic soldiers take on the mantle of leadership. “Today the Country is peaceful, secure, and stable, unlike our times when we joined when there was duka duka,” Gen Kale said.
He also congratulated President Museveni and the First Lady for reaching their Golden Jubilee Anniversary of marriage.
With an academic offer of more than 10,000 programs, presence in more than 150 countries, and a 100% online method, TECH Uganda aims to break the foundations of traditional education and enable the academic and professional development of thousands of students.
TECH Technological University has positioned itself as the world’s largest online university thanks to its wide range of degrees and innovative academic methods. With its arrival in Uganda, a new opportunity opens for all professionals, students, and people interested in getting a decisive competitive advantage in their career paths.
The OECD (Organization for Economic Cooperation and Development) estimates that the chances of getting a job with postgraduate studies are higher, this shows the importance of this type of degree in the labor market, since in many cases they are decisive when choosing a candidate or getting a promotion. For this reason, TECH has burst into the university academic scene guaranteeing 99% employability to all its graduates based on technological innovation and advanced teaching methodologies.
“The chances of having a job increase if you have a postgraduate study. TECH offers accessible, modern higher education adapted to all professional profiles.”
Technological University aims to offer accessible higher education that makes a difference in its students’ career progress. With more than 10,000 university degrees, available in more than 10 different languages, there are programs ranging from Health Sciences to Communication or Education, through faculties such as Business, Computer Science, Design, Education, and even Video Games.
It covers a wide range of academic offerings, tailored to the individual needs of its own students. Among others, there are bachelor’s degrees, official master’s degrees, and Grand Master’s degrees for those seeking a broad improvement of their competencies, while the University Experts and University Courses offer an exhaustive development of more specific areas of knowledge.
The professors in charge also guarantee the quality of each lesson, as there are more than 5,000 professional experts in their areas of knowledge. Professors, department heads and leading academics make up a multidisciplinary faculty, which brings to the programs a unique practical perspective for each subject covered.
Educational elite within everyone’s reach
The purpose set by Technological University is to be able to offer an elite education for everyone. The Financial Times recognized it as one of the 200 fastest growing companies in Europe and Forbes considers it “The best digital university in the world”.
Such is the recognition that TECH has positioned itself as the Official Online University of the NBA (National Basketball Association), with many exclusive academic programs focused on the health, athletic and business sides of the sport. This is an exceptional opportunity for people looking to specialize in the sports sector, with educational resources of the highest level.
“Forbes recognizes TECH as <<The best digital university in the world>>, becoming one of the 200 fastest growing European companies according to the Financial Times.”
The high percentage of employability is one of the most important motivations for students to enter TECH, as 99% of graduates find employment in less than a year, which proves the importance of advanced and complete studies in today’s competitive job market.
Innovative teaching method
Over the years, TECH has perfected its work method, based on Relearning, which handles reiterating the key contents of each syllabus, summarized by the experts who created them. The student can review these contents as many times as they wish, which results in a more organic assimilation of the keys and relevant techniques of each program.
This means that students do not have to spend excessive hours of study time or take on a heavy teaching load when undertaking their degrees. In addition, a high percentage of the content of each program is offered in a multimedia format, resulting in much more visual and direct learning.
Based on Miller’s competency model, TECH includes in each program many simulated cases, practical examples and real-life situations. This ensures that the student not only integrates the knowledge gained, but also knows how to apply it in their field of action.
