Friday , May 14 2021
Home / Tag Archives: Julius Businge (page 30)

Tag Archives: Julius Businge

RDB partners with global IT firm, Andela

US$80million available for specialists in 4 African countries Kampala, Uganda | JULIUS BUSINGE | Andela, a global engineering firm based in New York, has raised US$80million in venture funding to mentor software developers in the four African countries where it operates; Rwanda, Uganda, Kenya and Nigeria. The firm invests in Africa’s …

Read More »

Africa-India trade decline to US$55bn-Report

Uganda plans to intensify relations in trade, tourism and investment Kampala, Uganda | JULIUS BUSINGE | Trade between Africa and India has recorded a 30% decline in volume from US$78billion in 2014 to about $55 billion in 2017 citing a tough economic environment. However, this was more than seven times higher …

Read More »

Pension assets nearly double in three years

Financial expert concerned with 70% investment in government securities Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector is continuing to grow with the latest figures indicating that assets – a major indicator of growth – have increased from Shs5.2trillion in 2014 to Shs10.04trillion in 2017. This represents 93% growth. This …

Read More »

Banks demand quick reforms in insurance, ICT

Kampala, Uganda | JULIUS BUSINGE | Commercial banks under their umbrella organization, Uganda Bankers Association (UBA) are demanding reforms from government in key sectors of agriculture, information technology; insurance and debt repayment to enable them thrive in tough economic times. Patrick Mweheire, the chairperson of UBA and the Chief Executive, Stanbic …

Read More »

Shs 139bn URA Tower nears completion

Tax body to save Shs3.8bn upon completion of the project Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority (URA) is expected to save at least Shs 3.8bn in annual rent upon completion of its office complex in Nakawa, Kampala. The ongoing construction works of the Shs 139bn URA Tower is …

Read More »

Investment forum to discuss business opportunities

Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …

Read More »