Kampala, Uganda | JULIUS BUSINGE | Over 1000 delegates, 600 international and 400 national, are in Uganda for the next three days to take part in the 4th World Customs Organization Global Authorised Economic Operator’s Conference that officially opened today – March 14 at Kampala Serena Hotel. Speaking to reporters prior …
Read More »Auditor General, CSBAG to work together
Kampala, Uganda | JULIUS BUSINGE | A group of civil society organizations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG) are concerned about government’s failure to implement the recommendations in the Auditor General’s (AG) reports documents over the years. The group, headed by the Executive Director, Julius Mukunda, said …
Read More »Bad news on revenue collection
But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …
Read More »Stanbic’s PMI points to consistent economic growth
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s Purchase Managers Index (PMI) posted 51.1% growth in February down from 52% in the previous year, signaling a moderate improvement in business conditions in the private sector. Commenting on February’s survey finding, Jibran Qureshi, Regional Economist East Africa at Stanbic said, “business conditions …
Read More »Over 300 graduate in accounting courses
Kampala, Uganda | JULIUS BUSINGE | A total of 308 Certified Public Accountants of Uganda (CPA-U), 33 Accounting Technicians (AT-U) and an additional of 13 students completed the Certified Tax Advisor (CTA) course during the June and November 2017 examinations sittings organized by the Institute of Certified Public Accountants of Uganda …
Read More »US$78 billion regional infrastructure projects
EAC leaders push for mega deals amidst concerns of limited funds, slow integration progress Kampala, Uganda | JULIUS BUSINGE | Amidst big talk on how to raise over US$78 billion for regional infrastructure projects, Tanzania’s President John Pombe Magufuli Magufuli had tough questions for the East African Community Council of Ministers. …
Read More »World Cup Trophy receives warm welcome at Lugogo Cricket Oval
Kampala, Uganda | JULIUS BUSINGE | On March 6, the World Cup Trophy, valued at US$10 million (Ushs 36bn), spent most hours of the day at Lugogo Cricket Oval where hundreds of people got a chance to get closer to it and have a photo opportunity. Women, men, youths stood in …
Read More »Inside the SGS contract saga
The government is yet to decide on whether or not to terminate the motor vehicle inspection deal Kampala, Uganda | JULIUS BUSINGE | The Uganda government is in a fix. Suspend and cancel the contract awarded to the Switzerland based firm, SGS, to carry out a motor vehicle inspection and possibly …
Read More »Coffee’s future in dilemma
Kampala conference discusses ways of increasing output but many wonder who would buy it Kampala, Uganda | JULIUS BUSINGE | Uganda is currently implementing an ambitious plan the coffee road map to increase coffee output from the current 4.5 million bags to 20 million bags by 2025. This new target is …
Read More »aYo Uganda micro insurance hits 500,000 customers
kampala, Uganda | JULIUS BUSINGE | Over 500,000 customers have signed up for MyHospital and MyLife micro-insurance covers offered by aYo Uganda Limited since opening shop in Uganda in Sept. 2016. This was confirmed by the firm’s Chief Executive Officer, Edwin Kwesiga. aYo Uganda is a subsidiary of aYo Holdings Limited, …
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