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JULIUS BUSINGE

Shs39tn budget concerns

CSOs want government to control debt, increase budget for key social sectors Kampala, Uganda | JULIUS BUSINGE | Civil society organisations under their umbrella body, Civil Society Budget Advocacy Group (CSBAG) have listed a number of concerns that they would like the government to pay attention to as it debates …

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Economy to remain subdued

 Its managers must not focus on 2020 but on long term solutions, expert says Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy is projected to remain subdued in 2020, signaling another challenging economic environment ahead. Emmanuel Tumusiime-Mutebile, the governor Bank of Uganda revealed that 2019’s projected growth of 5.5-6.0% is …

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2019 economy performs below expectations

Growth is projected to range between 5.5-6% compared to 6.2% in 2018 Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy performed below expectations especially towards the end of the year, according to the latest Bank of Uganda Monitory Policy Report. In addition, an analysis of the different monetary policy reports, …

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Jumia expansion hits snag

The company quits Rwanda, Tanzania and Cameroon markets Kampala, Uganda | JULIUS BUSINGE | E-commerce has been slowly gaining traction in Africa in recent years. As a result, the popular talk has been that e-commerce firms are making money off people’s obsession with surfing and shopping on the internet. That …

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Oxfam says government wrong on land

Recommends different approach to issues in new report Kampala, Uganda | JULIUS BUSINGE | A new report by Oxfam, the international development and humanitarian organisation, has faulted the government’s land policies. Titled `Locked out; How unjust land systems are driving inequality in Uganda’, the report re-emphasised dealing with gaps in …

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Fighting over UTL administration

Will Bemanya’s removal save or ruin the company?   Kampala, Uganda | JULIUS BUSINGE | Bickering among government officials on who should take over the management of Uganda telecom as provisional administrator could scare away prospective investors, experts say. UTL needs around Shs255bn to clear some of its Shs536bn debt …

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