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Tag Archives: Julius Businge

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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Low milk prices hit farmers’ income

Kenya’s ban on milk imports from Uganda is to blame Kampala, Uganda | JULIUS BUSINGE | Norman Nduho Kapaapa, a dairy farmer from Rwamuranda village, Kanyalyeru Sub-county, Kiruhura district loves President Yoweri Museveni’s message that urges Ugandans to engage in commercial agriculture to fight poverty. “I would like to thank …

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CSOs react to proposed 2021/22 budget

Many say, the planned expenditure may not boost service delivery Kampala, Uganda | JULIUS BUSINGE | Uganda’s newly proposed budget may not efficiently deliver services to the citizens, according to the Civil Society Organisations that do work on the budget. The first weakness was pointed out by Julius Mukunda, the …

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