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Tag Archives: Julius Businge

URA sees better revenue collections a head

The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …

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Uganda’s 2022 economic outlook

Rise in imports, commodity prices, COVID-19 variant could impact recovery Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy underperformed in 2020 as coronavirus pandemic lockdown took toll on economic activities. The economy is projected to grow by 3.5-3.8% in the FY2021/22 and 5.5-6.0% in FY2022/23, before increasing to 6.5-7.5% in …

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How SMEs can tap into oil and gas as first oil nears

Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …

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Stock market boost as MTN listing takes shape

 Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …

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Stanbic Bank targets lawyers with special financial services pack

Kampala, Uganda | Julius Businge | Stanbic Bank Uganda has unveiled a special financial services package targeting members of the legal fraternity, climaxing the 4th annual law conference held this week in Kampala, on an exciting note for legal professionals. Sam Mwogeza, Stanbic Bank Uganda’s Head of Consumer and High Net Worth banking …

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NBL economic forum exposes opportunities, tax risks

Minister Kasaija promises more government support to boost private sector growth Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited, a subsidiary of the Belgium based ABInBev, on Aug. 18 held a virtual Economic Forum to highlight the company’s contribution to  Uganda’s economy,  bringing to light the effect of the …

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