Tag Archives: Julius Businge

PSST Ramathan Ggoobi wants timely execution of government programmes   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Ministry of Finance Planning and Economic Development on July.18 released funds for the first quarter of FY2023/24 totalling Shs 4.8 trillion to meet the government expenditures. This represents 9% of the Shs 52.7 trillion …

Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE  about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …

Shareholders agree to increase remuneration for company chairman, directors by 20% Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu limited voted overwhelmingly to increase the pay for the company chairman and directors during their 58th Annual General Meeting held at Serena Hotel on July 6. The virtual AGM, attended by …

Per capita income increased to about US$930 for FY21/22, edging closer to the lower-middle-income threshold Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic activity is accelerating despite commodity-price inflation, global monetary tightening, international supply-chain bottlenecks, and a local Ebola outbreak, according to the World Bank’s 21st Edition of the Uganda Economic …

Kampala, Uganda | JULIUS BUSINGE |The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) on June 26 released the results of the May 2023 examinations. The examinations were conducted from May 29 – June 2 at seven examination centres namely – Arua, Fort …

Experts want result-oriented interventions on debt, corruption, spending, and credit access for the private sector       Kampala, Uganda | JULIUS BUSINGE | The Ugandan government has been asked to be frugal in fighting corruption, exorbitant expenditure, and debt management if it is to achieve meaningful results in the implementation of the …

Kampala, Uganda | JULIUS BUSINGE | The Institute of Certified Public Accountants of Uganda has unveiled the 2023 prestigious FireAwards scheduled to take place on November 1, 2023, under the theme “ESG: Reporting as Brand Storytelling.” The launch of the awards was held in Kampala on June 20 by ICPAU executives …

The Fund has unveiled business opportunities for FY2023/2024 Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund has unveiled business opportunities for local firms during the Financial Year 2023/24 which starts next month. These include investments in real estate, insurance services, advertising and promotions, information technology systems, consultancies, and …

Government to slap taxes on online services without a plan for device uptake Kampala, Uganda | JULIUS BUSINGE | Finance Minister, Matia Kasaija’s decision to impose a value-added tax on digital services without creating an enabling environment for the population to access internet-enabled devices such as smartphones reveals a disconnect between …

PAU statistics show that more than 11,054 Ugandans are currently employed in the oil and gas sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas sector has employed more than 11,670 people with local citizens taking more than 93% of the jobs at the end of May this year, …