This comes at the time construction activities are slow due to sluggish economic growth Kampala, Uganda | JULIUS BUSINGE | The construction sector seems to be picking up as coronavirus slows down, with the sector-players now rolling out new products to the market. Uganda Baati Limited, the maker of building …
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However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …
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Gulu, Uganda | JULIUS BUSINGE | Power distributor, Umeme has embarked on stakeholder engagement meetings across the country, starting with Northern Uganda to explain the company’s planned projects aimed at improving power reliability in the communities. The Gulu meetings were held last week. The main objective of the meetings was to inform …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | Absa Bank Uganda has today (Feb.15) launched Business Banking capabilities on their Mobile Banking App aimed at empowering business owners to perform multiple business-related transactions on their smartphones. Without having to visit a branch, users can approve transactions, view statements and complete …
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Facilities have lost more than $320m since March 2020 due to the effects of pandemic Kampala, Uganda | JULIUS BUSINGE | Hotels in Uganda are operating in red since they resumed operations, but operators are optimistic that business will return to normalcy soon. The COVID-19 outbreak in the country in …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | As coronavirus pandemic continues to drive people to work and socialise via online platforms, a new campaign is being implemented urging people to report online child sexual abuse material. Dubbed Help Children Be Children, the campaign, which is led by the Internet …
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Budget analysts suggests that government focuses on domestic revenue mobilisation and external borrowing to boost economy in FY2021/2022 Kampala, Uganda | JULIUS BUSINGE | Coronavirus pandemic, economy, donor support, government spending are the main factors that will determine the design, implementation and success of the new budget for FY2021/22, according …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | For the first time in many years, Uganda’s national budget will increase by a paltry Shs164bn in FY2021/22, meaning government will not spend a lot on delivering services to the population. According to the Budget Framework Paper (BFP) for FY2021/22, the total …
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Private sector, economic experts wants government to increase the speed with tough recovery measures Kampala, Uganda | JULIUS BUSINGE | As the economy starts to heal from the 2021 election fever, and people getting back to work, with hopes that coronavirus vaccine will get here, private sector players and experts …
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COVID-19 pandemic hit student enrolled for accountants’ proficiency courses Kampala, Uganda | JULIUS BUSINGE | Uganda will need more professionals including accountants as the economy expands, according to the top executives at the Institute of Certified Public Accountants of Uganda. The executives, who spoke during the release of the Institute’s …
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