Kampala, Uganda | JULIUS BUSINGE | The 2nd Economic Mkutano for which the focus is the role of science, technology and innovation in economic development is scheduled for Sept.12 at Sheraton Kampala Hotel. The Mkutano serves to facilitate open debate in which conclusions enable the organisers to script their …
Read More »Why Museveni might not sign new KCCA law
Stage set for battle with Lukwago Kampala, Uganda | JULIUS BUSINGE AND JULIAN SABIITI | KCCA officials and Kampala district MPs are anxious about whether President Yoweri Museveni will assent to the Kampala Capital City Authority (Amendment) Bill, 2019 that parliament has passed. The anxiety is partly because of the …
Read More »Banks, telecoms battle for digital accolade
They are not only in business to compete and attract customers in their line of business, but are also warming up to compete for Uganda’s Digital Brand of the Year award for 2019 organised by an entity dubbed HiPipo. Kampala, Uganda | JULIUS BUSINGE | The two leading telecom firms …
Read More »Pension to be largest sector in Uganda
Martin A. Nsubuga was confirmed as the Chief Executive Officer for Uganda Retirement Benefits Regulatory Authority (URBRA) in June 2019. He broadly spoke to The Independent’s Julius Businge about his plan and emerging issues in Uganda’s pension sector. What is it that you have started off with as substantive CEO? …
Read More »Behind Sudhir win
SUDHIR CASE: Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE & 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 …
Read More »Behind Sudhir win
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 …
Read More »dfcu driving commodity finance
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 …
Read More »Pension sector assets hit Shs 11.6trillion
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 …
Read More »Targeting NSSF money
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 …
Read More »Private sector lending up
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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