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Tag Archives: Uganda

BUSINESS: Future of banking

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 …

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VIDEO: Kyambogo University Staff Call Off Strike

VIDEO: Kyambogo University Staff Call Off Strike Kampala, Uganda | NBS UGANDA | Kyambogo University non-teaching have called off their 21 day long strike after the ministry of public service accepted to enhance their salaries as they demanded. During an extra ordinary meeting convened at the University, the Kyambogo University non …

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VIDEO: Athletes Flagged Off

VIDEO: Athletes Flagged Off Kampala, Uganda | NBS TV | Twenty athletes including Seven female and thirteen males have been flagged off to London this morning by national council of sports general secretary Nicolas Muramagi at the NCS headquarters in lugogo. A record team of athletes will represent Uganda at …

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Cement glut looms

Surplus expected to eat into the producer’s profitability KAMPALA, UGANDA|ISAAC KHISA| The cement industry in Uganda could be headed for tough times as firms increase production capacity next year beyond the available demand. Lafarge Group’s Hima Cement is setting up a new plant in Tororo, eastern Uganda, with capacity of …

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Inflation for July down to 5.7%

Kampala, Uganda |JULIUS BUSINGE | Uganda’s price of goods and services somewhat reduced to 5.7% in the year ending July 2017 down from 6.4% recorded in the same period in June 2017, according to data from the Uganda Bureau of Statistics (UBOS) released on July 31. The statistics body said the decline was attributed …

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