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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Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
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Big power consumers like Cipla, UBL, Metro Plastics, and National Water are to benefit from the new infrastructure Kampala, Uganda | JULIUS BUSINGE | The Uganda Electricity Transmission Company Limited has commissioned the 120MVA, 132/33kV Luzira Industrial Park Substation which is expected to boost the supply of reliable power to consumers, …
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The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …
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The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …
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The telecom company is currently implementing the Ambition 2025 Strategy premised on leading digital solutions for Africa’s progress Kampala, Uganda | JULIUS BUSINGE | As a child, Martin Tumusiime watched households and businesses frustrated with uncollected wastes in the Kampala suburbs that sometimes could end up in water channels, streets, or …
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What the CSOs want on matters debt, public expenditure, women, food & tourism Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations under their umbrella body, the Civil Society Budget Advocacy Group (CSBAG) are urging the government to design a budget that is responsive to public debt, public expenditure, climate change, …
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Kampala, Uganda | Julius Businge | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited have noted baseless rumours about a potential exit of the company from the Ugandan market, executives said in a press statement dated Jan.20. The statement adds: “Britam Uganda, through its holding company …
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Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
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Sheebah and Golola head east Jinja, Uganda | JULIUS BUSINGE | Top Ugandan musician Sheebah Karungi, kickboxer Moses Golola and other celebrities have joined a team of 300 Ugandans from the central part of Uganda (Kampala) to run different activities for the domestic tourism campaign for the Elgon Region. …
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The Independent Uganda: You get the Truth we Pay the Price