If it looks so gloomy, why is everyone seeing it as bright? KAMPALA, UGANDA | JULIUS BUSINGE | The banking industry in Uganda appears to be facing an uncertain future. Most banks are recording a mixture of good and bad performance, sluggish growth in private sector credit, rising non- performing …
Read More »
UCC agrees to meet company officials over concerns raised by customers Kampala, Uganda | JULIUS BUSINGE | On July 4, Uganda’s largest telecommunication firm; MTN, announced changes in price and volumes for some of its internet (data) packages resulting in concerns by customers and the regulator, the Uganda Communications Commission. …
Read More »
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »
Anwar Soussa is the managing director for Airtel Uganda. He spoke to The Independent’s Julius Businge about Airtel business and Uganda’s telecom sector. You have been here for a year now as the Airtel MD. What is your general assessment of the telecommunication business in Uganda? Telecommunication business in Uganda …
Read More »
Uganda’s private sector activity improves on strong demand, but experts are worried that improvement in economic activities is likely to stir imports, putting pressure on the exchange rate and so is operational costs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s latest report– Purchase Managers Index (PMI) for June 2017 …
Read More »
What has land inquiry achieved after 60 days? Kampala, Uganda | JULIUS BUSINGE & RONALD MUSOKE | On May 9, a renowned advocate became the first witness to testify before the seven-member Land Inquiry 2017 Commission headed by Lady Justice Catherine Bamugemereire. On July 6, Bamugemereire informed the media that …
Read More »
Kampala, Uganda | Julius Businge | Uganda’s National Information Technology Authority (NITA-U) is planning to establish a central information technology system for sharing government information with the citizens. Leonah Mbonimpa, the corporate communications officer told The Independent on July 3 that procurement process is ongoing and plans are to have the system fully …
Read More »
Why government imposed 15% tax on betting winners but cut that of betting houses Kampala, Uganda |Julius Businge| There is continued debate surrounding the recent move by government to impose 15% withholding tax on winnings from gambling and the reduction in income tax on betting houses by 15% to …
Read More »
Says revamping the economy will depend on government spending Kampala, Uganda | Julius Businge | The Central Bank has once again lowered its indicative lending rate, the Central Bank Rate, in a bid to push commercial bank rates down and spur private sector borrowing in the next three months. …
Read More »
Recently, Uganda hosted members of the World Customs Organisation (WCO) hailing from 24 countries of East and Southern Africa (ESA) for a two-day 22nd governance council to discuss matters tax administration. The Independent’s Julius Businge jointly interviewed the organisers – WCO Secretary General Kunio Mikuriya and Uganda Revenue Authority Commissioner General …
Read More »
The Independent Uganda: You get the Truth we Pay the Price