Kampala, Uganda | JULIUS BUSINGE | As world leaders continue to implement measures for fighting the spread of coronavirus pandemic, analysts say social distancing is key but people should ensure they remain connected. “In these challenging and unprecedented times there has never been more need to reach out,” said BCW (Burson …
Read More »Civil society petitions Museveni on sh10billion for MPs
Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella organization, Civil Society Budget Advocacy Group (CSBAG) have written to President Yoweri Museveni on the ‘controversial’ giveaway of Shs10bn to Members of Parliament to fight the spread of the coronavirus pandemic. The general message in the …
Read More »Simba Automotives joins COVID-19 fight
Kampala, Uganda | JULIUS BUSINGE | Simba Automotives, a subsidiary of Shumuk Group of Companies has donated three motorcycles and a motorcycle ambulance to the government of Uganda worth Shs50million towards the fight against the spread of coronavirus pandemic. The donation was received by the Minister of Health Dr. Jane …
Read More »Umeme records Shs139bn net profit
Performance is attributed to increase in electricity demand, cost reduction Kampala, Uganda | JULIUS BUSINGE | Shareholders of power distributor, Umeme Limited will not go home with nothing in their Annual General Meeting slated later in the year as the company recorded a slight increase in net profit from Shs132bn …
Read More »Equity bank, FSDU to boost refugee’s livelihoods
Looming project will promote financial inclusion and economic prosperity Kampala, Uganda | JULIUS BUSINGE | Financial institutions are carrying out a study to inform potential investors about the viability of doing business in refugee settlement areas and host communities. Equity Bank, Financial Sector Deepening Africa, Financial Sector Deepening Uganda and …
Read More »UN agency unveils $15m digital project
It is targeting one million people in key economy sectors Kampala, Uganda | JULIUS BUSINGE | Small and medium businesses in northern Uganda now have a big opportunity to exploit from a Shs57bn new project that aims to use information technology tools to offer services for the next five years. …
Read More »National Oil Company starts petroleum bulk trading
Executives say they are in not to compete but to complement private sector investments Kampala, Uganda | JULIUS BUSINGE | Uganda National Oil Company Limited (UNOC) has started its bulk trading of petroleum products business countrywide. Under this trading, company executives say that they will import and sell petroleum products …
Read More »Uganda – EU trade ties
The EAC member state has presented opportunities to European investors Kampala, Uganda | JULIUS BUSINGE | Trade between Uganda and European Union has over the years been critical in terms of creating jobs and strengthening the economies for the two parties. This opportunity is expected to be sustained evidenced …
Read More »URBRA’s new plan for retirees
The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …
Read More »INTERVIEW: Gen. Tumukunde’s presidential dream
Kampala, Uganda | JULIUS BUSINGE | Lt. Gen. Henry Tumukunde, 61, has made himself very busy in recent weeks. Since March 03, when he declared his intention to stand for the highest political office – the presidency – he has been moving from one media house to another talking …
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