Tag Archives: Julius Businge

By Julius Businge The Uganda shilling appreciated during the week that ended July 5 to trade 2575/85 from 2590/00 per US dollar after policy makers maintained the key lending rate at 11% citing inflationary pressures. Traders said the market saw good dollar selling interest before energy and manufacturing sub-sectors’ demand squared off …

By Julius Businge The government plans to send you that SMS soon, but is it what you really want? A few weeks after Maria Kiwanuka read the budget, officials from her Finance ministry and the Uganda Revenue Authority (URA) are showing how transparency and accountability will drive its implementation. At …

By Julius Businge Standard Chartered Bank has committed to financing more than US$2 billion in energy projects under the Power Africa Initiative, a five-year partnership between the United States, six African governments and the private sector. It said the partnership represents a coordinated cross-border effort to build the regulatory, economic …

By Julius Businge The National Information Technology Authority Uganda (NITA-U) has developed the National IT Project Management Methodology to provide guidance on how to manage and provide advice on IT projects to government. The agency’s Executive Director James Saaka said at the launch of the project on June 28 at …

By Julius Businge The Deputy Executive Director at the National Council for Higher Education, Prof. Moses Golola has urged all higher institutions of learning to maintain the needed education standards to ensure they survive the routine operations of the council. Among the standards he mentioned having a well trained enough …

By Ivan Rugambwa & Julius Businge   Second largest commercial bank shakes up loan market with 13 percent cut in interest rate If, as is often said, timing is money; then Standard Chartered Bank could be minting quite a bit of it if its recent sharp interest cut pays off. …

By Julius Businge Bank of Uganda has responded to the rise in banks’ non-performing loans and other assets (NPAs) recorded in 2012 arguing that the rise was mainly attributed to the macroeconomic challenges in 2012. The bank however, in an email to this magazine was quick to say that the …

By Julius Businge British American Tobacco managing director Jonathan D’Souza has called on government to find tangible measures to fight illicit trade in the tobacco business so as to enhance fair competition in the industry. D’Souza says this vice, together with illegal tobacco buying in the buying season are causing …

By Julius Businge World Bank Group President Dr. Jim Yong Kim and United Nations Secretary-General Ban Ki-moon will make a historic joint visit to Africa’s Great Lakes region from May 22 to 24 in support of a recent landmark peace agreement and to push for economic development in one of …

By Julius Businge Senior minister for Information and Communications Technologies (ICTs) Ruhakana Rugunda has said the government of Uganda is positioning herself to exploit fully the opportunities that are accruing from the growing demand for outsourcing in Africa. The minister made the remarks at a function held in Kampala on …