Tag Archives: Julius Businge

There’s a need for enhanced liquidity in domestic markets to foster economic growth and socio-economic transformation Kampala, Uganda | JULIUS BUSINGE | Uganda has preserved its fourth-place ranking in the Absa Africa Financial Markets Index for 2023, despite a slight decrease in its overall score from 64.4 to 62.8. The index, …

Uganda’s private sector constitute of about 90% SMEs generates over 75% of the GDP Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank, the country’s national Development Finance Institution, has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund (AGF), to scale up lending to SMEs, Women, Youth-affiliated businesses, …

  Kampala, Uganda | JULIUS BUSINGE | Halfway through the recently launched whistleblower campaign, a nationwide drive aimed at encouraging workers to report employers defaulting on NSSF contributions, the Fund has unearthed over Shs70 billion from reported cases, it said in a notice. Figures released by the Fund recently indicate that …

Energy Minister Ruth Nankabirwa shares progress on the refinery, EACOP, and related projects Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas sector has received a comprehensive update on the progress of key projects, including the refinery and the East African Crude Oil Pipeline (EACOP), during a briefing by Energy Minister …

The company’s financial performance for the fiscal year 2022/2023 demonstrated robust growth, with a remarkable 63% increase in revenue, reaching Shs343.7 billion Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Generation Company Limited (UEGCL) is poised for transformative growth and sustainability as it implements its strategic plan for the period …

Embrace sustainable practices not just for today’s bottom line, but as a strategic investment Kampala, Uganda | JULIUS BUSINGE | Insurance players have been urged to embrace the aspect of sustainability in their operations to positively impact communities, the environment, and related fields in their business. “In the realm of insurance, …

  Kampala, Uganda | JULIUS BUSINGE |  Tax experts are calling on countries to cooperate at the international level to be able to raise taxes and meet the growing expenditure needs. Dr. Farzana Sharmin from the United Nations Economic Commission for Africa has emphasized the need to push for inclusivity …

Kampala, Uganda | JULIUS BUSINGE | Over the years, Nexus Green has cemented its operations in the solar system business in Uganda and plans to unveil a big project in the coming few months. Julius Businge spoke to CEO Rikki Verma about the company’s milestones. Tell us about Nexus Green? At …

  BOOK REVIEW  | JULIUS BUSINGE | “My life is one of tradition and transition; My traditions were ordained by my lineage and birthplace, in the beautiful fertile lands of Hoima in the Kingdom of Bunyoro,” writes Dr. Sarah Nyendwoha Ntiro in the introduction of her book titled ‘Emboldened’, unveiled on …

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda has unveiled the 2023 insurance innovation awards for all players licensed by the Authority, including insurers, Health Membership Organisations, Brokers, Bancassurance Agents, Individual Agents and loss assessors. The Uganda Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said on Nov.23 …