Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Real estate tycoon Sudhir Ruparelia has won a major case in the High Court in Kampala that could see the Bank of Uganda pay him billions of shillings in costs and compensation for lost business …
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Godfrey Mundua is dfcu bank’s head of corporate banking that handles one big segment in the institution called commodity financing. He spoke to The Independent’s Julius Businge about the opportunities this line of credit is offering. What is commodity structured finance all about? Structured commodity finance is a specialised way …
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Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …
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The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …
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But who is benefiting? Kampala, Uganda | JULIUS BUSINGE | Latest statistics from Bank of Uganda shows that private sector lending has gone up. But, a section of the private sector mainly traders, manufacturers, economic experts are saying that they are yet to benefit. Issa Sekitto, for instance, an importer …
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The lender plans to focus on providing solutions that meet clients’ needs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has registered an increase in net profit by almost 40% to Shs134bn in the first six months ending June.30, according to its financial results released on Aug.05. This performance was …
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Mutebile leads experts to analyse ways to maintain high growth Kampala, Uganda | JULIUS BUSINGE | July has been a month of reflection by finance experts and economic technocrats on the future state of the economy as the new FY2019/20 kicked off. There is the nagging commentary that although Uganda …
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The Africa Centre for Energy and Mineral Policy (ACEMP) organised the first ever Uganda national conference and exhibition on artisanal and small-scale mining and quarrying in Kampala on July 25-26. The Independent’s Julius Businge spoke to Don Binyina Bwesigye, the ACEMP’s executive director on the significance of the event to …
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NPA boss says the country has undergone structural change but not structural transformation Kampala, Uganda | JULIUS BUSINGE | Patronella Namubiru, the associate director in charge of tax at the audit firm, Deloitte Uganda, spoke passionately about the prospects of Uganda’s economy at the 7th CPA Economic Forum held at …
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What does Museveni want and can new tough laws deliver it? Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Regulate. Regulate. Regulate. Taxi ownership, regulate. Coffee and sugarcane growing regulate. Cesspool emptying, regulate. Belonging to political party, regulate. Quitting political party, regulate. In the past few months, the government …
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