Tag Archives: Julius Businge

Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …

The question of professionalism when the two parties meet in the field  Kampala, Uganda | JULIUS BUSINGE | November 2022 is a month that Henry Sekanjako and Timothy Murungi, all journalists with New Vision are waiting for to receive justice for their case reported to court in February last year. The …

This is the 6th straight month it is rising causing anxiety in the interest rate market  Kampala, Uganda | JULIUS BUSINGE | Inflation, as measured by the Consumer Price Index for Uganda for the 12 months to August 2022, increased to 9.0%, up from 7.9% registered in July 2022, according …

The move is expected to improve performance at the electricity company that has recently been embroiled in management disputes    Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Transmission Company Limited has appointed Michael Taremwa Kananura as the Acting Chief Executive Officer, replacing George Rwabajungu who served the company in …

The fund will target businesses providing decent jobs, women empowerment and innovations Kampala, Uganda | JULIUS BUSINGE |  UK-based global organisation, Oxfam, plans to unveil a 20million Euros (Shs77bn) Impact Fund to support small businesses in line with their goals. The fund, to be unveiled as a pilot project before …

UPPC is set to be enhanced in the long term to world class standards Kampala, Uganda | JULIUS BUSINGE | On July 22, Uganda Printing and Publishing Corporation (UPPC) started activities to mark 120 years of its existence with a public forum held in Kampala. Executives said, more activities including …

Assets under management have increased from Shs4tn in 2014 to Shs20tn but sector players want Ugandans to save more Kampala, Uganda | JULIUS BUSINGE | As the Uganda Retirement Regulatory Authority continues to celebrate its 10-year anniversary, experts have challenged its executives to support innovations in the sector so as …

Experts back the move but say, the poor will be hit hardest Kampala, Uganda | JULIUS BUSINGE | On July 6, Bank of Uganda held an emergency monetary policy committee meeting and decided to increase the central bank rate (CBR) by one percentage point to 8.5%, the highest since the …

Uganda offers a rich variety for visiting tourists to see on the long but smooth journey to and from Murchison Park   Karuma, Uganda | JULIUS BUSINGE | The Uganda Tourism Board (UTB) is implementing a three – year plan to showcase Uganda’s tourism potential to the world. From June 25-28, I …

The Central Bank Rate raised from 6.5 to 7.5% to tame inflation Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda has for the first time in the last two years raised the central bank rate by 1% percentage point to 7.5% to tame inflation, setting the pace for commercial …