The company eyes to connect 225,000 new customers over the next eight months through its 100 service centers Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited (UEDCL) is investing Shs267.5 billion ($74 million) to refurbish electricity lines, install over 518 transformers, and construct new substations in a …
Read More »ANALYSIS: Museveni’s state of the nation address
Progress, power, and the promise of transformation ANALYSIS | JULIUS BUSINGE | On June 5, the Kololo Ceremonial Grounds in Kampala were sealed off—an exclusive zone accessible only to those clutching invitation cards, as President Yoweri Kaguta Museveni delivered the highly anticipated State of the Nation Address. Under the afternoon sun …
Read More »How Uganda plans to spend Shs72.4tn
Navigating growth ambitions amid debt rising for the FY 2025/26 COVER STORY | JULIUS BUSINGE | Uganda’s Parliament has approved a national budget of Shs72.4 trillion (approximately US$20 billion) for the fiscal year 2025/2026 (July-June), marking a slight increase from the previous year’s Shs72.1 trillion. Finance Minister, Matia Kasaija is set …
Read More »dfcu partners with World Navi on Vehicle Financing offer
Kampala, Uganda | JULIUS BUSINGE | dfcu Bank has announced a strategic partnership with World Navi Company Limited, a prominent Japan-based motor vehicle dealership, introducing a groundbreaking Vehicle and Asset Financing solution. This initiative is designed to make car ownership in Uganda more accessible, reliable, and affordable for both individuals and …
Read More »Uganda’s inequality gap narrows as poverty persists in pockets
Uganda National Household Survey 2023/24 uncovers mixed economic realities Kampala, Uganda | JULIUS BUSINGE | The latest Uganda National Household Survey (UNHS) 2023/24 has painted a complex picture of Uganda’s socio-economic landscape, revealing promising strides in income equality and service access, while also spotlighting persistent poverty and stark regional disparities. According …
Read More »UBOS: Uganda’s poverty rate declines to 16.1%, but regional disparities persist
UBOS releases 2023/24 UNHS Report Kampala, Uganda | JULIUS BUSINGE | The Uganda Bureau of Statistics (UBOS) today unveiled the findings of the Uganda National Household Survey (UNHS) 2023/24 at Hotel Africana, revealing significant improvements in poverty reduction alongside persistent challenges in education, healthcare, and employment. The report was officially launched by …
Read More »Uganda’s Energy Convention 2025: A bold path forward for the sector
From promises to power, can Uganda turn dialogue into energy action? Kampala, Uganda | JULIUS BUSINGE | I had the privilege of attending the Energy Convention 2025 at Serena Hotel in Kampala, an event that wasn’t just a gathering—it was a critical conversation about Uganda’s energy future. The convention, held under …
Read More »Jubilee Life Insurance honors top agents at glittering awards night
Kampala, Uganda | JULIUS BUSINGE | In a vibrant celebration of excellence, Jubilee Life Insurance Company Uganda recognized its top-performing agents for their outstanding contributions in 2024. The prestigious awards gala, held on May 8 at the luxurious Golf Course Hotel, brought together the company’s brightest stars for an …
Read More »UIA’s 14th Annual Insurance Agents Awards Gala exposes insurance sector growth opportunity
KAMPALA, UGANDA | Julius Businge | The Uganda Insurers Association (UIA) hosted its 14th Annual Insurance Agents Awards Gala at Hotel Africana on April 30, 2025. The event, themed “Celebrating Agents as Catalysts of Change in the Industry,” aimed to recognize and motivate top-performing insurance agents across the country. The …
Read More »Uganda Airlines hosts landmark Uganda-UK trade and business forum ahead of Entebbe–London route launch
KAMPALA, UGANDA | Julius Businge | In a high-level convergence of business, diplomacy, and strategic vision, Uganda Airlines hosted the Uganda–UK Trade and Business Forum at the Sheraton Kampala Hotel on April 16. The event marks a defining moment in Uganda’s aviation and economic landscape as the national carrier prepares …
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