Tag Archives: Julius Businge

Financial expert concerned with 70% investment in government securities Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector is continuing to grow with the latest figures indicating that assets – a major indicator of growth – have increased from Shs5.2trillion in 2014 to Shs10.04trillion in 2017. This represents 93% growth. This …

Kampala, Uganda | JULIUS BUSINGE | Commercial banks under their umbrella organization, Uganda Bankers Association (UBA) are demanding reforms from government in key sectors of agriculture, information technology; insurance and debt repayment to enable them thrive in tough economic times. Patrick Mweheire, the chairperson of UBA and the Chief Executive, Stanbic …

COMESA: Uganda faulted for delaying to formulate competition law to facilitate fair trade   Nairobi, Kenya | JULIUS BUSINGE | One of the key objectives of competition policy is to promote consumer welfare by encouraging healthy competition among businesses in the Common Market for Eastern and Southern Africa. This is through …

Tax body to save Shs3.8bn upon completion of the project Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority (URA) is expected to save at least Shs 3.8bn in annual rent upon completion of its office complex in Nakawa, Kampala. The ongoing construction works of the Shs 139bn URA Tower is …

Kampala, Uganda |  JULIUS BUSINGE | International Distillers Uganda (IDU), a subsidiary of Uganda Breweries Limited, has opened a glass bottling line at its spirits manufacturing plant ahead of the alcohol ban sold in sachets in March next year. The new facility has a capacity to handle 6,000 bottles per hour …

Why government must listen and act on economic expert views Kampala, Uganda | JULIUS BUSINGE | How much public debt can the Ugandan government afford? Nobody seems to be having the right answer even as the government continues to borrow, sinking the country deeper into more debt. While reading the national …

In the last three years, seven have applied but none has met the criteria Kampala, Uganda | JULIUS BUSINGE | Listing on a stock market is a big step for any company. From being privately owned, it becomes public. This would imply that the company expands its operations using capital raised …

Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …

Kampala, Uganda | JULIUS BUSINGE  | The Uganda Insurance Association (UIA) is sensitising importers of goods about marine insurance in a bid to complement efforts by the regulator –Insurance Regulatory Authority – in creating awareness and appreciation of the local purchase of this policy. This move is targeting different groups including; …

Kampala, Uganda | JULIUS BUSINGE | Julian Byamugisha is the Head of Taxify Uganda, which also operates in 23 other countries globally. She spoke to The Independent’s Julius Businge about company operations What has business been like for the last six months you have been in operation? We have moved people …