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Tag Archives: Julius Businge

How corruption threatens Uganda’s fiscal stability

Stakeholders say corruption exacerbates inequality by depriving the poor of basic public services while entrenching wealth among political elites Kampala, Uganda | JULIUS BUSINGE | Uganda’s deepening corruption and fiscal mismanagement were placed under scrutiny this week at a high-level policy dialogue in Kampala, as public finance experts, lawmakers and civil …

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Target surpassed

URA’s steady hands deliver surplus under Musinguzi Kampala, Uganda | JULIUS BUSINGE | Amid growing government appetite for bigger fiscal outlays, URA was tasked with collecting a net revenue of Shs 31.37 trillion for the 2024/25 financial year. By the close of June, the tax body had collected Shs 31.63 trillion, …

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Ramathan Ggoobi tells Uganda’s future story

He reminds all everyone that the future will not be inherited but must be built Kampala, Uganda | JULIUS BUSINGE | Under the glistening waters of Lake Victoria and the backdrop of Entebbe’s Imperial Resort Beach Hotel, Uganda’s 13th CPA Economic Forum unfolded—not just as a conference of ideas, but as …

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Agriculture sector budget for 2025/2026

Is this allocation for all Ugandans? Kiryandongo, Uganda | JULIUS BUSINGE | “I’ve heard the government has increased the budget for agriculture again. But how exactly will that help my small onion and maize farm here in Kiryandongo?” wondered a 32-year-old farmer in Mutunda sub-county, reflecting on the newly announced national …

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UDB profit climbs, funding gap persists

As Uganda’s development bank posts strong results, calls grow for sustainable government support to meet rising demand Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank (UDB), the country’s leading state-owned development finance institution, has reported a robust net profit of Shs 57.8 billion ($15.4 million) for the year ending 2024—an …

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Big budget, bigger promises

Uganda’s Shs 72 trillion budget bets on wealth creation and growth in election run-up for next financial year ANALYSIS | JULIUS BUSINGE | As Uganda prepares to enter a heated election season in 2026, the government unveiled an ambitious Shs 72.1 trillion budget for the 2025/2026 financial year. Presented at Kololo …

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UEDCL commits Shs 267.5 bn to network overhaul

The company eyes to connect 225,000 new customers over the next eight months through its 100 service centers Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited (UEDCL) is investing Shs267.5 billion ($74 million) to refurbish electricity lines, install over 518 transformers, and construct new substations in a …

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