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Tag Archives: Julius Businge

Pearl Dairy unveils new production line

Unveils Shs9.25bn packaging line to boost production, market access Kampala, Uganda | JULIUS BUSINGE | Pearl Dairy Farms Limited, the processor and manufacturer of Lato Milk branded products has unveiled a new Shs9.25billion Tetrapak Edge production line to its Mbarara based factory. Company executives said on June 29 that the …

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Uganda Clays to pay Shs1.2bn as dividend

The company plans to finance a new kiln and artificial dryer at Kajansi and Kamonkoli to boost production Kampala, Uganda | JULIUS BUSINGE | Shareholders of Uganda Clays Limited will earn Shs1.2bn (Shs1.35 per share) as dividend for the year ended December 30, 2020, following approval from the virtual Annual General …

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Pearl Dairy unveils Shs9.25b packaging line

Kampala, Uganda | Julius Businge | Pearl Dairy Farms Limited, the processor and manufacturer of Lato Milk branded products has unveiled the addition of a new Shs9.25billion Tetrapak Edge production line to its Mbarara based facility, it said on June 29 in a media release. Executives said, the new line will …

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Economy at crossroads

Can Mutebile’s latest announcement and government spending plan save the economy hurt by coronavirus lockdowns? | JULIUS BUSINGE | On June 16, Bank of Uganda Governor, Emmanuel T. Mutebile made a big announcement that many pundits believed would boost economic recovery. For the first time in many months, Mutebile cut …

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Mixed performance for private sector activities

Rising customer numbers support expanding private sector output according to Stanbic Bank Uganda index Kampala, Uganda | JULIUS BUSINGE | Growth was recorded again in the Ugandan private sector during May, with output, new orders and employment all rising over the course of the month, according to the monthly Stanbic …

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‘We are going to pay your dividends’

Stanbic Bank top executives tell shareholders as it rolls out offerings for women, targets oil and gas opportunities Kampala, Uganda | JULIUS BUSINGE | Whereas many businesses reported reduced earnings for the year 2020, others like Stanbic Bank Uganda Ltd, have assured their shareholders that they will earn their profits …

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