Tag Archives: Julius Businge

  The name marks a milestone, but Uganda’s real oil test begins when the first barrel reaches the market   Kikuube, Uganda | JULIUS BUSINGE & AGENCIES |  Uganda’s long-awaited entry into the global oil market has acquired a name, a commercial identity and, potentially, a new source of economic …

OPINION | JULIUS BUSINGE | At 10:32pm on August 31, 2026, Chief of Defence Forces Gen. Muhoozi Kainerugaba posted on his X account: “In Uganda, people can dance and drink up to morning. Also, women are allowed to dress anyway they want.” At 11:07pm, he followed with another message: “Opening and …

    The lender approved Shs518.4 billion in new financing for 120 projects across Uganda and disbursed Shs502.2 billion   NEWS ANALYSIS | JULIUS BUSINGE | Uganda Development Bank (UDB) is expanding its role as a source of long-term capital for businesses, with increased lending helping companies create jobs, raise …

  Uganda’s economic growth is real, but the poverty I have witnessed across the country demands that leaders look beyond the headline numbers.   COMMENT | JULIUS BUSINGE | “Give me Shs1,000 and I will buy salt; get me Shs500 and I will buy a drink; contribute some money for …

  Kampala, Uganda | JULIUS BUSINGE | Betika Uganda has announced a Shs100 million partnership with newly promoted Ntugasaze Football Club, backing the club’s historic debut in the Uganda Premier League during the 2026/27 season. The partnership, unveiled on August 19 at Kira Road Police Grounds, Ntugasaze’s home venue for …

Strong revenue growth and strategic lending drive Stanbic’s strongest first-half performance   Kampala, Uganda | JULIUS BUSINGE | Stanbic Uganda Holdings Limited (SUHL) has posted a 28.2% increase in net profit for the first half of 2026, highlighting the resilience of Uganda’s banking sector even as businesses continue to grapple …

  Kolawole Adeniyi has spent the past four months leading Glovo Uganda as its general manager. A trained pharmacist from Obafemi Awolowo University, he holds an MBA from IE Business School in Madrid. Before joining Glovo Uganda, he held leadership positions at Danone, Airtel and Jumia in Nigeria. He also …

Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has started the process of seeking a High Court order to take full possession of its contested Temangalo land, as Parliament has given the Fund and businessman Amos Nzeyi until next Monday to resolve the long running dispute out …

The telecoms giant is cutting emissions while betting that a more connected Uganda will be good for business – and the planet   Kampala, Uganda | JULIUS BUSINGE | Telecom companies have a slightly awkward relationship with sustainability. Their products may be digital, but their networks are physical, energy-hungry machines. …

  Businesses are still struggling with higher costs caused by global events, including renewed conflict in the Middle East, which has disrupted energy markets and pushed up fuel prices   Kampala, Uganda | JULIUS BUSINGE | Ugandan businesses are feeling more confident about the months ahead, but rising fuel prices, …