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 …
Read More »BoU predicts strong economy in three years
But government needs to focus beyond fighting locusts and coronavirus Kampala,Uganda | JULIUS BUSINGE | Uganda’s economy is expected to remain strong supported by an accommodative monetary policy and the resultant growth in the private sector credit, latest data from Bank of Uganda shows. The data contained in the February …
Read More »Water and sanitation deadlock
Museveni, experts call for holistic approach to deal with sector challenges Kampala, Uganda | JULIUS BUSINGE | What would it take to improve water access, sanitation in most African countries that are essentially poor? This is one question that came up during the 20th Water and Sanitation International Congress …
Read More »130 firms certified to provide services in energy sector
ERA CEO says they must up their game on standards, safety and human resource Kampala, Uganda | JULIUS BUSINGE | At least 130 firms have been cleared to provide services in the energy sector following approval from the industry regulator, Electricity Regulatory Authority. This means that the firms will now …
Read More »UBL goes big on tree planting
Beer maker, Uganda Breweries Limited has promised to partner with several private sector companies to plant trees as an avenue to mitigate the negative effects of climate change. Kampala, Uganda | JULIUS BUSINGE | Speaking during the 330-km long awareness relay Marathon from Kampala to Gulu, in a tree campaign …
Read More »2020 Pearl of Africa Tourism Expo
A big opportunity for Uganda, African economies Kampala, Uganda | JULIUS BUSINGE | Tourism players from across Africa gathered at Speke Resort Munyonyo located approximately 20 kilometers southeast of Kampala City starting Feb.4-6 to discuss the industry’s future prospects. This was the 5th Pearl of Africa Tourism Expo (POATE) organized …
Read More »Behind URA’s Shs700bn shortfall
Taxman to capitalize on new revenue collection initiatives to achieve better results going ahead Kampala, Uganda | JULIUS BUSINGE | Doris Akol, the Commissioner General at the Uganda Revenue Authority and her team have recently been in the news over failure to hit the revenue target. This is happening amidst …
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