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Julius Businge

Former Trade Minister tips women on innovation

Kampala, Uganda | JULIUS BUSINGE | The former Minister of Trade Industry and Cooperatives Amelia Kyambadde has urged women in business to be innovative to be able to succeed in business. She was speaking during the World Intellectual Property Day celebrated on April 26, organized by Uganda Registration Services Bureau (URSB) …

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Tax or not to tax Unit Trust Fund profits

Players warn that the move could discourage the growing savings culture Kampala, Uganda | JULIUS BUSINGE | Over the past few years, Uganda started experiencing a surge in the local population, especially youth interested in saving, growing their capital for future investments through the Unit Trust Funds. This is because Unit …

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Uganda’s tourism sector on a path to recovery

International visitor arrivals increase by 59% during the year Kampala, Uganda | JULIUS BUSINGE | Uganda recorded a 59% increase in international visitor arrivals to 814,508 in 2022 signalling a recovering tourism sector from the effects of the coronavirus pandemic. The report released by the Ministry of Tourism Wildlife and Antiquities …

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NSSF put unregistered employers on notice

More than 50,000 employers have been given a 30-day deadline to pay contributions Kampala, Uganda | JULIUS BUSINGE | Uganda’s employers irrespective of the number of workers employed have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for their employees. NSSF acting …

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Uganda Red Cross solarised water treatment unit to aid emergency situations

Kasese, Uganda | JULIUS BUSINGE | Uganda Red Cross Society is implementing a disaster preparedness program aimed at strengthening capacities of District Disaster Management Committees, District Task Forces and their local structures to establish well-functioning multi-hazard preparedness and response systems to disasters. In a statement dated March 23, it said the …

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UEDCL registers a 9% increase in revenue to Shs80bn

The company distributes power in nine service territories covering 74 districts countrywide Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has reported a 9% increase in revenues to Shs80.1bn for the period ended June 2022 citing an increase in operational efficiency and increased customer connections. UEDCL Managing …

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5th 2023 Economic Mkutano

Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …

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