Tag Archives: Julius Businge

By Julius Businge This is the second straight month the Central Bank of Uganda is staying its policy interest rate, the central bank rate (CBR) unchanged at 12%, Governor Emmanuel Tumusiime Mutebile told a news conference in Kampala on Nov. 4. The policy rate stood at 11% in August before …

By Julius Businge France and the government of Uganda have signed a concessionary loan agreement totaling to about $23m to finance the construction of the Nkenda-Fort Portal-Hoima transmission line to evacuate electricity from the proposed thermal power plant at Mputa oil field in Hoima. The 220 kV line is also …

By Julius Businge On the eve of two major agriculture summits in Mauritania and Senegal, the World Bank is urging African countries and communities in the Sahel and the international development community to help protect and expand pastoralism on behalf of the more than 80 million people living in The …

By Julius Businge President Yoweri Museveni has today commissioned the construction of the ultra modern Nakawa-Naguru satellite town with a call to the constructors to implement the project on time and expose saboteurs, according to a media release from State House dated Oct. 14. “Prove those ignoramus people and saboteurs …

By Julius Businge Low demand takes toll as local cement prices tumble This is the best time in two years to buy a bag of cement. Two years ago, a 50-kg bag of cement was retailing at between Shs 30, 000 – Shs 33, 000 at most outlets across the …

By Julius Businge World Bank Group President Jim Yong Kim has said that he would direct more funding to fragile and conflict-affected states in a bid to fight poverty among the people, he said in a statement released on Oct. 1. Extreme poverty was “the defining moral issue of our …

By Julius Businge The 21st Uganda International Trade Fair opens tomorrow (Oct. 2) and will run up to Oct. 10 at Uganda Manufacturers Association show grounds under the theme “Accelerating Trade and Industrial Growth”. The fair is organized by Uganda Manufacturers Association, the umbrella body for all manufacturers in Uganda. …

By Julius Businge MTN Uganda has received the 2013 most preferred employer award according to a survey carried out among University graduates in Uganda; the group surveyed form a selection of University students that will soon be joining formal employment. According to the survey carried out by International Association of …

By Julius Businge The National Information Technology Authority-Uganda (NITA-U) in partnership with the Uganda Business Process Outsourcing Association (UBPOA) are organizing a three day regional BPO Leadership Conference from 18 to 20, September 2013 at the Serena Hotel, Kampala. This is the third BPO conference to be held in Uganda. …

By Julius Businge President Yoweri Museveni has urged alcohol drinkers in Uganda to drink responsibly so as to avoid the negative impacts of alcohol on health and the wallet. “I do not drink beer but I am here to promote it for my drunkards,” Museveni told a gathering on Aug. …