The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …
Read More »How MTN’s digital programme is empowering youth
The telecom company is currently implementing the Ambition 2025 Strategy premised on leading digital solutions for Africa’s progress Kampala, Uganda | JULIUS BUSINGE | As a child, Martin Tumusiime watched households and businesses frustrated with uncollected wastes in the Kampala suburbs that sometimes could end up in water channels, streets, or …
Read More »Inside the proposed 2023/24 National Budget
What the CSOs want on matters debt, public expenditure, women, food & tourism Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations under their umbrella body, the Civil Society Budget Advocacy Group (CSBAG) are urging the government to design a budget that is responsive to public debt, public expenditure, climate change, …
Read More »Britam plans to enter Life Insurance Space, says no plans to exit Uganda
Kampala, Uganda | Julius Businge | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited have noted baseless rumours about a potential exit of the company from the Ugandan market, executives said in a press statement dated Jan.20. The statement adds: “Britam Uganda, through its holding company …
Read More »Insurance sector regulator outlines 2023 priorities
Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
Read More »Eastern Region tourism campaign graced by celebrities, tourism enthusiasts
Sheebah and Golola head east Jinja, Uganda | JULIUS BUSINGE | Top Ugandan musician Sheebah Karungi, kickboxer Moses Golola and other celebrities have joined a team of 300 Ugandans from the central part of Uganda (Kampala) to run different activities for the domestic tourism campaign for the Elgon Region. …
Read More »Boosting private sector development in Uganda
Players task government to walk the talk at 13th national competitiveness forum Kampala, Uganda | JULIUS BUSINGE | Private sector players have asked government to walk the talk while promising to boost private sector activities that drive overall growth of the economy. The call was made by multiple speakers at the …
Read More »SEATINI makes recommendations on transition from fossil fuels to renewable energy
Kampala, Uganda | JULIUS BUSINGE | Africa needs to find its own solutions to find a win in transiting from the use of fossil fuels to renewable energy sources. This is the summary of the paper titled; “Understanding of the energy transition from an Afrocentric perspective,” written by Brendah Akankunda, Jane …
Read More »CMA makes recommendations to improve investor protection
There are alleged individuals and firms purporting to be investment advisors, fund managers and pyramid schemes with intend to defraud investors Kampala, Uganda | JULIUS BUSINGE | Investor education and protection, sustainable financing and product diversification in the equity market are among the key issues that emerged during the events …
Read More »Behind the increase in sugar price
Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …
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