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Julius Businge

Uganda’s inequality gap narrows as poverty persists in pockets

Uganda National Household Survey 2023/24 uncovers mixed economic realities Kampala, Uganda | JULIUS BUSINGE | The latest Uganda National Household Survey (UNHS) 2023/24 has painted a complex picture of Uganda’s socio-economic landscape, revealing promising strides in income equality and service access, while also spotlighting persistent poverty and stark regional disparities. According …

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Insurance: Lost trust or lost opportunity?

Inside Uganda’s struggle to make insurance work for the ordinary citizen Kampala, Uganda | JULIUS BUSINGE | By the time Agnes Nakato’s (not her real name) husband died in a road accident, she had no idea that his employer’s life insurance policy could have supported their three school-going children. “No one …

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The price of progress?

Uganda’s tax overhaul draws praise—and alarm—from civil society Kampala, Uganda | JULIUS BUSINGE | A coalition of over 50 civil society organizations under the Tax Justice Alliance Uganda (TJAU) has raised critical concerns over the Government of Uganda’s proposed Tax Amendment Bills for the 2025/26 financial year, warning that certain changes …

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Green mandate for Ugandan banks

Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …

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Insurance Consortium fuels Uganda’s oil sector

The oil and gas industry is inherently high-risk, involving massive investments, operational hazards, and environmental concerns.   Kampala, Uganda | JULIUS BUSINGE | The Insurance Consortium for Oil and Gas Uganda (ICOGU) has emerged as a critical player in Uganda’s rapidly evolving energy sector, providing tailored insurance solutions to address the …

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Isimba Hydropower Dam at risk

Structural defects and contractor delays now threaten Uganda’s energy future Kampala, Uganda | JULIUS BUSINGE | The Isimba Hydropower Dam, a flagship project in Uganda’s energy sector, was envisioned as a cornerstone of the country’s long-term development goals. Commissioned in 2019, the 183MW facility was meant to provide affordable and reliable …

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EADB disburses Shs 734.8bn to EAC member states

But stakeholders urge the lender to accelerate private sector growth through affordable interest rates currently capped at 15% per year   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Finance Minister, Matia Kasaija, has urged the East African Development Bank (EADB) to implement strategies that ensure affordable interest rates for borrowing, enabling …

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