Social security funds to tackle key areas in education, IT to accelerate pension growth Kampala, Uganda | JULIUS BUSINGE | How can African governments ensure that the working population has some sort of social security at old age? That was the main issue discussed during the two-day East and Central Africa …

Kampala, Uganda | GODFREY SSALI | Sugar millers under their umbrella association the Uganda Sugar Millers Association have denied allegations they are hoarding sugar so as to sell it at higher prices. Trade Minister Amelia Kyambadde summoned the sugar millers to a meeting Tuesday 5th December 2017 at the Ministry offices in …

But will he achieve the Shs 20 trillion in savings by 2022? Kampala, Uganda | JULIUS BUSINGE | Richard Byarugaba was recently re-appointed as the managing director of the National Social Security Fund for another five-year term. His performance in the first term seems to have impressed his supervisor – the …

Kampala, Uganda | JULIUS BUSINGE | The East African Revenue Authorities are facing similar challenges – a small tax base because of a huge informal sector, tax evasion, limited human resource personnel and volatile economy. Others are poor information technology systems and connectivity, political uncertainties and delays in dispute resolution. In …

Kampala, Uganda | JULIUS BUSINGE | Sadolin Paint injected Shs 50 million in the just concluded Uganda Society of Architects Annual General Meeting (AGM), a move that company officials said would boost the association’s work thereafter. Speaking to The Independent on the sidelines of the AGM at Pearl of Africa Hotel …

Why Uganda needs to attract new investors to consume excess electricity Kampala, Uganda | JULIUS BUSINGE | On Nov. 16, power distributor, Umeme Limited held a media dialogue in Kampala where top managers – Selestino Babungi (managing director) and Sam Zimbe (deputy MD) answered questions about their work since 2005. The …

The company acquired LAC at US$ 6.5million Kampala, Uganda | JULIUS BUSINGE | South Africa-based financial services firm, Sanlam, has upgraded its market share in Uganda with the acquisition of Lion Assurance Company (LAC) at US$6.5million. This follows approval from the Insurance Regulatory Authority of Uganda (IRA-U) nearly two weeks …

Kampala, Uganda | GODFREY SSALI | The Director of Public Prosecution Mike Chibita has pressed new charges against three Kaweesi murder suspects, of being part of a terrorist group. The freshly charged suspects are ; Ali Mugoya, Abudallah Kala and Hibwani Sinani Zikusooka who thought were going home today having clocked …

Kampala, Uganda | JULIUS BUSINGE | MTN Uganda’s Chief Marketing Officer, Olivier Prentout has today handed over US$27,000 (Shs 97 million) in cash to the nine winners of the recently MTN Innovation Awards 2017 held in Kampala. Each of the nine winners were handed $3000 (Shs10.8 million), the company said in …

Kampala, Uganda | JULIUS BUSINGE | Uganda is hosting a two day conference for the East and Central Africa Social Security Association (ECASSA) Policy Makers Conference to devise ways of improving social security coverage in the region. The conference started on Nov. 23 at the Kampala Serena Hotel. It was officially …