From coffee beans to billion-dollar dreams, Tugume is brewing a revolution in Uganda’s highlands—one innovation at a time Ntungamo, Uganda | JULIUS BUSINGE | In the rolling hills of Rwashemire, Ntungamo district, a bold business dream is taking shape—one that promises to redefine Uganda’s coffee economy and transform its role …
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The government commissioned the $20m Nyagak III Power Project on August 1, 2025 NEWS ANALYSIS | JULIUS BUSINGE | When Joseph Obedgiu first arrived at the Nyagak III Hydropower Project site in 2021 as a casual helper, he had little idea of the transformation that lay ahead. Today, he serves …
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The financial services sector led the merger activity with seven reported cases, followed by energy, ICT, and agriculture—sectors under pressure from both global shocks and structural transformation. ANALYSIS | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa (COMESA) saw a record number of merger notifications in 2024, with …
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MTN’s fintech firm, which was initially launched in 2009, has grown to become a core pillar of Uganda’s financial ecosystem with more than 13 million customers Kampala, Uganda | JULIUS BUSINGE | In a defining moment for Uganda’s financial technology landscape, MTN Uganda shareholders have officially approved the structural separation of …
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OPINION | Julius Businge | In 2011, monetary policy briefings at the Bank of Uganda Boardroom, Level 7, delivered by the late Prof. Emmanuel Tumusiime Mutebile and often flanked by his deputy, Dr. Louis Kasekende and other top technical officials, were must-attend events. As a business journalist, I—alongside others—made it …
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Kampala, Uganda | Julius Businge | Uganda is set to host the first-ever Uganda Development Finance Summit from September 1 to 2, 2025, at the Speke Resort Convention Centre in Kampala. Organized by the Uganda Development Bank (UDB), the high-level summit will take place under the theme “Transforming Africa through National …
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Addis Ababa, Ethiopia | Julius Businge | In a landmark move to enhance the role of African think tanks in shaping regional policy, the African Union Commission (AUC), in partnership with the African Capacity Building Foundation (ACBF) and AUDA-NEPAD, has announced the launch of a competitive Call for Proposals under …
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Stakeholders say corruption exacerbates inequality by depriving the poor of basic public services while entrenching wealth among political elites Kampala, Uganda | JULIUS BUSINGE | Uganda’s deepening corruption and fiscal mismanagement were placed under scrutiny this week at a high-level policy dialogue in Kampala, as public finance experts, lawmakers and civil …
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URA’s steady hands deliver surplus under Musinguzi Kampala, Uganda | JULIUS BUSINGE | Amid growing government appetite for bigger fiscal outlays, URA was tasked with collecting a net revenue of Shs 31.37 trillion for the 2024/25 financial year. By the close of June, the tax body had collected Shs 31.63 trillion, …
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He reminds all everyone that the future will not be inherited but must be built Kampala, Uganda | JULIUS BUSINGE | Under the glistening waters of Lake Victoria and the backdrop of Entebbe’s Imperial Resort Beach Hotel, Uganda’s 13th CPA Economic Forum unfolded—not just as a conference of ideas, but as …
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The Independent Uganda: You get the Truth we Pay the Price
