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Tag Archives: Julius Businge

Cipla records Shs36bn loss

The company remains strong to deliver good performance going forward, officials say Kampala, Uganda | JULIUS BUSINGE | The Kampala-based drug manufacturer, Cipla Quality Chemical Industries Ltd, has recorded a Shs36bn loss for the financial year 2019/20 compared to a profit of Shs7bn recorded in the previous year. Company officials …

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Jumia’s 8 years in Uganda

Company officials say the business is here to stay Kampala, Uganda | JULIUS BUSINGE | E-commerce firm, Jumia Uganda, a subsidiary of the pan African e-commerce company, Jumia Group on June 10, celebrated eight years of business operations at a mini-press conference held in Kampala, where top officials said they …

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Pearl Dairy resumes milk processing

Pearl Dairy resumes milk processing  THE INDEPENDENT | JULIUS BUSINGE | Pearl Dairy Farms Limited has resumed operations after nearly four months of no activity. The company had suspended milk processing until further notice at the beginning of the year (2020) after Kenya blocked the entry of its processed milk …

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Centenary bank boss sees stable shilling in new week

 Kampala, Uganda |  THE INDEPENDENT |  Julius Businge | Centenary Bank General Manager in charge of financial markets Benoni Okwenje says the Uganda shilling trading with other foreign currencies’ especially the US dollar will largely remain unchanged in the week that starts tomorrow.  In a notice dated April 24, Okwenje said: …

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