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Tag Archives: Julius Businge

dfcu driving commodity finance

Godfrey Mundua is dfcu bank’s head of corporate banking that handles one big segment in the institution called commodity financing. He spoke to The Independent’s Julius Businge about the opportunities this line of credit is offering. What is commodity structured finance all about? Structured commodity finance is a specialised way …

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Pension sector assets hit Shs 11.6trillion

Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …

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Targeting NSSF money

The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …

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Private sector lending up

But who is benefiting? Kampala, Uganda | JULIUS BUSINGE | Latest statistics from Bank of Uganda shows that private sector lending has gone up. But, a section of the private sector mainly traders, manufacturers, economic experts are saying that they are yet to benefit. Issa Sekitto, for instance, an importer …

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Regulate artisanal and small-scale mining

The Africa Centre for Energy and Mineral Policy (ACEMP) organised the first ever Uganda national conference and exhibition on artisanal and small-scale mining and quarrying in Kampala on July 25-26. The Independent’s Julius Businge spoke to Don Binyina Bwesigye, the ACEMP’s executive director on the significance of the event to …

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Accountants tip government on economic growth

NPA boss says the country has undergone structural change but not structural transformation Kampala, Uganda | JULIUS BUSINGE | Patronella Namubiru, the associate director in charge of tax at the audit firm, Deloitte Uganda, spoke passionately about the prospects of Uganda’s economy at the 7th CPA Economic Forum held at …

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Regulate. Regulate. Regulate.

What does Museveni want and can new tough laws deliver it? Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Regulate. Regulate. Regulate. Taxi ownership, regulate. Coffee and sugarcane growing regulate. Cesspool emptying, regulate. Belonging to political party, regulate. Quitting political party, regulate. In the past few months, the government …

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Vivo’s move to end road carnage

Fuel distributor Vivo Energy Uganda is optimistic that road carnage in Uganda can reduce once all players cooperate. Kampala, Uganda | JULIUS BUSINGE | Speaking at the second Road Safety Summit held at Sheraton Hotel in Kampala on July 23, Gilbert Assi, the company’s managing director said that their overall …

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