Tag Archives: Julius Businge

By Julius Businge  Power distributor, Umeme Uganda Limited, in line with its dividend policy has announced an interim dividend of Shs 8 per share approved at its meeting held on Nov. 14, it said in a note released on Nov. 18. The Board of Directors of the Company resolved to …

By Julius Businge Five reasons why taking that HIV test is long overdue On Nov. 8, President Yoweri Museveni took an HIV test at Kiswa Health Center IV in Bugolobi before the glare of cameras in gesture he believes would re-energize the fight against the disease by curbing new infections.  …

By Julius Businge The National Social Security Fund (NSSF) has today (Nov. 13) unveiled a master plan for the construction of 2, 741 housing units in Lubowa estate, which it acquired 10 years ago. When development starts, later in 2014, it will be the first investment on the estate that …

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. …