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 …
Read More »Stanchart’s growth projection for EAC economies
Ugandans may not have as much money as they would in their pockets in the coming 2-years due to delays to have the first oil, according to Standard Chartered Bank expert analysis. Kampala, Uganda | JULIUS BUSINGE | In the outlook for the EAC three big economies – Uganda, Kenya …
Read More »Uganda improves in the Absa index
But it must promote exports, manage debt and collect more tax Kampala, Uganda | JULIUS BUSINGE | The 2019 Absa Africa Financial Market Index Report for Uganda released on Jan.28 in Kampala has some good news. The index, which evaluates financial market development in 20 countries, shows that Uganda remains …
Read More »Bad start for Uganda’s stock market
Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …
Read More »Uganda Clays marks 20 years on stock market
The company plans to rely on innovation to come up with new products Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer located at Kajjansi, approximately 20kilometres from Kampala City Centre, along Entebbe Road, celebrated its 20 years of trading at the Nakawa based bourse …
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