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 …
Read More »Risks, opportunities to Uganda economy
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 …
Read More »Regulate artisanal and small-scale mining
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 …
Read More »Accountants tip government on economic growth
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 …
Read More »Regulate. Regulate. Regulate.
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 …
Read More »Vivo’s move to end road carnage
Fuel distributor Vivo Energy Uganda is optimistic that road carnage in Uganda can reduce once all players cooperate. Kampala, Uganda | JULIUS BUSINGE | Speaking at the second Road Safety Summit held at Sheraton Hotel in Kampala on July 23, Gilbert Assi, the company’s managing director said that their overall …
Read More »Solving UTL puzzle
Experts say Bemanya should stay but government should focus on recapitalising the telecom firm Kampala, Uganda | JULIUS BUSINGE | Debts, poor corporate governance, fights, politics and ageing infrastructure have taken centre stage in debates surrounding Uganda Telecom Limited. Bemanya Twebaze, a Ugandan lawyer and corporate executive, who has …
Read More »We will use our staff to maintain power dams -UEGCL
The Uganda Electricity Generation Company Limited in partnership with government and development partners is working to train all its 100 staff in the Operation and Maintenance Unit to be able to run the power dams. Kampala, Uganda | JULIUS BUSINGE | These dams in question include; the newly commissioned 183MW …
Read More »Good jump! URA surpasses target
Commissioner General Doris Akol outlines plans for the FY 2019/2020 Kampala, Uganda | JULIUS BUSINGE | Uganda’s tax collection grew at an impressive 14.9% above target to Shs16.6trillion in the last Financial Year, the fastest pace recorded in the last four years. Results released on July 15 shows that the …
Read More »Empowering women in business
dfcu, one of Uganda’s largest banks by assets has been running a Women in Business initiative/programme since 2007. The Independent’s Julius Businge spoke to Victoria Byenkya, the Manager for the programme on how it is empowering women to succeed in business. Briefly share the overview of the initiative? The …
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