Tag Archives: Julius Businge

By Julius Businge A recent report released by the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and …

By Julius Businge The Uganda Shilling is forecast to stabilise as the high US dollar demand from importers, which sent the local currency tumbling to a 13-month low in recent days, starts to recede, according to Dickson Magecha, the Forex Trader at Standard Chartered Bank Magecha said at the end …

By Julius Businge Samsung, a global company dealing in semiconductor, telecommunication, digital media and digital convergence technologies is conducting Samsung week which aims to increase local knowledge and awareness about the company. The week that started on Nov. 25 in Kampala and ends on Dec. 1 will see the company …

By Julius Businge Ben Paul Mungyereza has been appointed as the new executive director of the Uganda Bureau of Statistics effective Nov. 26, the statistics body said in a statement dated Nov. 26. Mungyereza replaces John B Male-Mukasa who retired at the end of his contract on Nov. 22, having …

By Julius Businge President Yoweri Museveni has today, Nov. 23 urged the COMESA member states to support the integration process within of the COMESA bloc to enable it record positive achievements. Museveni advised member states to copy what developed countries did, especially China so they can have their economies in …

By Julius Businge Andrew Seguya has been appointed as the substantive executive director of the Uganda Wildlife Authority (UWA), according to the UWA statement. The appointment was confirmed by the Minister of Tourism Maria Mutagamba. The position fell vacant in 2010 following the sacking of Moses Mapesa and other officials …

By Julius Businge Economic experts have supported the recent decision taken by the government of Uganda to join the COMESA FTA, saying it would increase the volume of Ugandan exports to the COMESA FTA and promote the country’s economic growth. The decision came at a time when Uganda was hosting …

Kampala, Uganda | Julius Businge | The Umeme Initial Public Offering which closed on Nov. 7 has been oversubscribed by 35% by all categories of investors, officials said on Nov.8. They [officials] from Stanbic bank Uganda-the transaction advisor, African Alliance Uganda-the lead sponsoring broker said more than the 622, 378, 000 shares …

Kampala, Uganda | Julius Businge| The International Federation of Air Traffic Controllers Association (IFATCA) has met in Kampala for the last three days [from Nov. 7 to 9] to discuss about safety issues in the aviation industry. IFATCA is an umbrella organisation that brings together professional associations of air traffic controllers …

By Julius Businge The Ugandan shilling fell against foreign currencies notably the dollar on Wednesday, dealers said. Commercial banks quoted the currency of Africa’s largest coffee exporter at 2,587/2,597, weaker than Tuesday’s close of 2,575/2,585. “There is some depreciation of the local currency as a result of better liquidity conditions …