Tag Archives: Julius Businge

  Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has cut its lending rate to 10% per annum for agriculture-based savings and credit cooperative organisations (SACCOs), in a move that underscores rising competition among lenders targeting Uganda’s rural financial ecosystem. The reduced rate is aimed at improving access to …

  Kampala, Uganda | JULIUS BUSINGE |  “We are sorry to our customers who were affected by the service disruption that happened on Sunday.” That apology dominated a media briefing addressed by top MTN Uganda officials at the company’s headquarters in Kampala on July 7, as management sought to explain …

  The project, however, remains the subject of criticism from environmental organisations, which have raised concerns about its ecological and climate impacts   Kampala, Uganda | JULIUS BUSINGE | The East African Crude Oil Pipeline (EACOP), one of Africa’s biggest energy infrastructure projects, has passed the 90% completion mark, bringing Uganda …

  Shareholders approved a final dividend of Shs6.4 per share, taking the total payout for the year to Shs16.6 per share, up 23 percent from Shs13.5 in the previous financial year   Kampala, Uganda | JULIUS BUSINGE | Quality Chemical Industries Limited (Qcil) has said it remains confident in its …

  The exit of a lottery operator exposes both the strain and the strength of a booming digital gambling industry   Kampala, Uganda | JULIUS BUSINGE |  The exit of ITHUBA Uganda Limited from the National Lottery business has drawn fresh attention to the stability of Uganda’s fast-growing gaming industry, …

  Life insurance drives record growth, even as most Ugandans remain outside the formal safety net   Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry reached a historic milestone in 2025 after gross written premiums (GWP) surpassed the Shs2 trillion mark for the first time, signalling a maturing sector …

Kampala, Uganda | JULIUS BUSINGE | The Public Relations Association of Uganda (PRAU) has launched its 5th National Public Relations Symposium, set to take place on July 3, 2026 at Golf Course Hotel in Kampala, as the body marks 50 years of advancing the public relations profession in the country. …

  Kampala, Uganda | JULIUS BUSINGE | The Uganda Institution of Professional Engineers (UIPE) has launched The UIPE Voice, a monthly public engagement platform aimed at bringing engineering issues closer to the public, promoting transparency in infrastructure development, and strengthening the profession’s contribution to national development. The platform, unveiled on …

  Uganda’s Shs84.4tn budget, the largest in the country’s history, allocates substantial funding to security, transport infrastructure, healthcare, education and agro-industrialisation   Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic prospects will depend less on policy announcements and more on execution, economists and business leaders have warned, as the country …

Kampala, Uganda | JULIUS BUSINGE | Did government hurry to roll out digital number plates? That question is increasingly being asked by motorists, car dealers, transport operators and businesses as Uganda grapples with persistent shortages of digital number plates under the Intelligent Transport Monitoring System (ITMS), a project being implemented …