Facilities have lost more than $320m since March 2020 due to the effects of pandemic Kampala, Uganda | JULIUS BUSINGE | Hotels in Uganda are operating in red since they resumed operations, but operators are optimistic that business will return to normalcy soon. The COVID-19 outbreak in the country in …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | As coronavirus pandemic continues to drive people to work and socialise via online platforms, a new campaign is being implemented urging people to report online child sexual abuse material. Dubbed Help Children Be Children, the campaign, which is led by the Internet …
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Budget analysts suggests that government focuses on domestic revenue mobilisation and external borrowing to boost economy in FY2021/2022 Kampala, Uganda | JULIUS BUSINGE | Coronavirus pandemic, economy, donor support, government spending are the main factors that will determine the design, implementation and success of the new budget for FY2021/22, according …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | For the first time in many years, Uganda’s national budget will increase by a paltry Shs164bn in FY2021/22, meaning government will not spend a lot on delivering services to the population. According to the Budget Framework Paper (BFP) for FY2021/22, the total …
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Private sector, economic experts wants government to increase the speed with tough recovery measures Kampala, Uganda | JULIUS BUSINGE | As the economy starts to heal from the 2021 election fever, and people getting back to work, with hopes that coronavirus vaccine will get here, private sector players and experts …
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COVID-19 pandemic hit student enrolled for accountants’ proficiency courses Kampala, Uganda | JULIUS BUSINGE | Uganda will need more professionals including accountants as the economy expands, according to the top executives at the Institute of Certified Public Accountants of Uganda. The executives, who spoke during the release of the Institute’s …
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Saving the 2021 economy: Key factors that might determine its performance and why government must act Kampala, Uganda | JULIUS BUSINGE | Ugandans went to the polls on Jan.14 to elect a new President and other political leaders amidst tight restrictions on preventing the spread of COVID-19 pandemic. Throughout the campaign …
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How coronavirus turned Uganda’s economy upside down Kampala, Uganda | JULIUS BUSINGE | 2020 has been a bad year for the economy. Growth opportunities have been hampered by the spread of COVID-19 and nationwide lockdown measures which led to closure of businesses and general decline in demand for goods. Jobs …
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Ugandan manufacturers to ran to East African Court of Justice over trade restrictions Kampala, Uganda | JULIUS BUSINGE | Tensions between Ugandan traders and the Kenyan government is likely to get worse a head of the festive season this December, according to executives at the Uganda Manufacturers Association. The traders …
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Management is now focusing on ensuring sustainability across its value chain of power generation Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited has reported a sharp drop in profit after tax from Shs25bn in FY2018/2019 to Shs2.8bn in FY2019/2020. The company executives attributes the drop in profits …
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The Independent Uganda: You get the Truth we Pay the Price