Tag Archives: Julius Businge

Private sector, economic experts wants government to increase the speed with tough recovery measures Kampala, Uganda | JULIUS BUSINGE | As the economy starts to heal from the 2021 election fever, and people getting back to work, with hopes that coronavirus vaccine will get here, private sector players and experts …

COVID-19 pandemic hit student enrolled for accountants’ proficiency courses Kampala, Uganda | JULIUS BUSINGE | Uganda will need more professionals including accountants as the economy expands, according to the top executives at the Institute of Certified Public Accountants of Uganda. The executives, who spoke during the release of the Institute’s …

Saving the 2021 economy: Key factors that might determine its performance and why government must act Kampala, Uganda | JULIUS BUSINGE | Ugandans went to the polls on Jan.14 to elect a new President and other political leaders amidst tight restrictions on preventing the spread of COVID-19 pandemic. Throughout the campaign …

How coronavirus turned Uganda’s economy upside down Kampala, Uganda | JULIUS BUSINGE | 2020 has been a bad year for the economy. Growth opportunities have been hampered by the spread of COVID-19 and nationwide lockdown measures which led to closure of businesses and general decline in demand for goods. Jobs …

Ugandan manufacturers to ran to East African Court of Justice over trade restrictions Kampala, Uganda | JULIUS BUSINGE | Tensions between Ugandan traders and the Kenyan government is likely to get worse a head of the festive season this December, according to executives at the Uganda Manufacturers Association. The traders …

Management is now focusing on ensuring sustainability across its value chain of power generation Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited has reported a sharp drop in profit after tax from Shs25bn in FY2018/2019 to Shs2.8bn in FY2019/2020. The company executives attributes the drop in profits …

Kampala, Uganda | Julius Businge | The Board of East African Breweries Limited has announced that Jane Karuku will be taking over as the new Group Managing Director for EABL, it said in a media release dated Dec.11. Karuku, who has been a member of the EABL Board and the current …

Kampala, Uganda | Julius Businge | GIZ-PREEEP in partnership with Ministry of Energy and Mineral Development and Uganda National Renewable Energy and Energy Efficiency Alliance is implementing the second phase of the awareness campaign programme dubbed “Clean Energy for a Better Life.” It was unveiled on Dec.07. It will bring companies …

The company now plans to rollout CDAP second phase that will include rural electrification, tree planting along R. Nile and improving water and sanitation facilities Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company executives have commissioned community development projects in Kayunga District in fulfilment of a promise made …

Government executives fail to provide viable options to lower interest rates as experts propose initiatives Kampala, Uganda | JULIUS BUSINGE | Uganda government’s over-reliance on borrowing from the local market is the main reason behind the high interest rates. This was the general assessment that stakeholders during a seminar held …