Kampala, Uganda | JULIUS BUSINGE | Uganda has the world’s youngest population with over 78% of its population below the age of 30. With just under eight million youth aged 15-30, the country also has one of the highest youth unemployment rates in Sub-Saharan Africa. Such a high and unemployed youth …
Read More »Umeme’s new target
ERA wants the power distributor to connect more customers, cut losses Kampala, Uganda | JULIUS BUSINGE | Selestino Babungi, the managing director of Uganda’s largest power distribution company, Umeme, wants the industry regulator, Uganda Electricity Regulatory Authority (ERA) to set for them fair targets amid high consumer expectations. Babungi said fair …
Read More »Uganda to host first coffee, tourism symposium
Kampala, Uganda | JULIUS BUSINGE | In a bid to showcase opportunities, come December 6, Uganda will host the first Coffee and Tourism Symposium and Exposition at Golden Tulip Hotel in Kampala. It is being organised by Coffee Tourism Uganda, in collaboration with the Uganda Tourism Board (UTB) under the Ministry of …
Read More »Cement prices plunge
New study shows the industry is expected to register growth in the next five years Kampala, Uganda | JULIUS BUSINGE | Buyers of cement have a reason to smile as cement prices fall citing oversupply. A 50kg bag of cement is now trading at Shs 28,000 compared with Shs 38,000 …
Read More »Jumia rewards winners for its Black Friday campaign
Kampala, Uganda | JULIUS BUSINGE | Four lucky customers for online shop company, Jumia have won themselves goods line up for Black Friday campaign, officials said on Nov.19. The items won included two television sets, a mobile phone and one fridge. The winners are: Luis Paul, Enoch Jacob Masinde, Richard Kalule …
Read More »Vivo Energy launches new fuels
Kampala, Uganda | JULIUS BUSINGE | Fuel distributor, Vivo Energy Uganda has launched new fuels with additives to give motorists best and extra levels of performance. Speaking to motorists during a tour of the company’s depot in Namuwongo near Kampala city on Nov.12, Gilbert Assi, the company’s managing director said the …
Read More »Doris Akol: Four year scorecard
Experts want more from her new term as URA boss Kampala, Uganda | JULIUS BUSINGE | Doris Akol, the Commissioner General for Uganda Revenue Authority (URA) must be a happy woman at the moment. While on a six months maternity leave that ends in February next year, she recently got the …
Read More »ICPAU names NSSF winner of top financial award
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) was on Nov. 14 declared the overall winner of the 2018 financial reporting awards organised by the Institute of Certified Public Accountants of Uganda (ICPA-U) at Serena Hotel, beating several other participants. The organisers said the Fund won because …
Read More »MTN unveils Shs1bn fund for innovators
Kampala, Uganda | JULIUS BUSINGE | Wim Vanhelleputte, the MTN Uganda CEO says that they have committed Shs1billion commitment towards the MTN Startup Fund which forms part of their ambition to continue supporting local innovators. In a press release, Vanhelleputte encourages as many startups as possible to participate in the several …
Read More »Government to tackle food challenges using new global policy
Kampala, Uganda | JULIUS BUSINGE | The government of Uganda through the Office of the Prime Minister (OPM) has promised to use the newly launched policy brief No.12 entitled ‘preventing nutrient loss and waste across the food system’ to improve food security and welfare of the people. The policy written by …
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