Tag Archives: Julius Businge

Why Uganda needs to attract new investors to consume excess electricity Kampala, Uganda | JULIUS BUSINGE | On Nov. 16, power distributor, Umeme Limited held a media dialogue in Kampala where top managers – Selestino Babungi (managing director) and Sam Zimbe (deputy MD) answered questions about their work since 2005. The …

The company acquired LAC at US$ 6.5million Kampala, Uganda | JULIUS BUSINGE | South Africa-based financial services firm, Sanlam, has upgraded its market share in Uganda with the acquisition of Lion Assurance Company (LAC) at US$6.5million. This follows approval from the Insurance Regulatory Authority of Uganda (IRA-U) nearly two weeks …

Kampala, Uganda | JULIUS BUSINGE | MTN Uganda’s Chief Marketing Officer, Olivier Prentout has today handed over US$27,000 (Shs 97 million) in cash to the nine winners of the recently MTN Innovation Awards 2017 held in Kampala. Each of the nine winners were handed $3000 (Shs10.8 million), the company said in …

Kampala, Uganda | JULIUS BUSINGE | Uganda is hosting a two day conference for the East and Central Africa Social Security Association (ECASSA) Policy Makers Conference to devise ways of improving social security coverage in the region. The conference started on Nov. 23 at the Kampala Serena Hotel. It was officially …

Kampala, Uganda | JULIUS BUSINGE | On Nov. 21, Sanlam Emerging Markets Proprietary Limited (SEM) announced that its subsidiary, Sanlam General Insurance Uganda Limited (SGIU), had successfully concluded the acquisition of close to a 100% interest in the share capital of Lion Assurance Company Limited (LAC) in Uganda, from Trans Industries …

But what are the real opportunities and the rituals? Kampala, Uganda | JULIUS BUSINGE | If holding hands, beaming smiles, and signing piles of Memoranda of Understanding (MoUs) is a measure, then Tanzanian President John Pombe Magufuli’s visit to Uganda from Nov.9 – 11 was a total success. The brotherly romance …

Kampala, Uganda | THE INDEPENDENT | Mabale Growers Tea Factory Limited is a key player in Uganda’s tea sector. Rogers Siima, the company’s general manager spoke to The Independent’s Julius Businge about its operations and the country’s tea sector What is your general assessment of the tea sector in Uganda at …

TradeMark East Africa invests US$117 bn in customs facilities Kampala, Uganda | JULIUS BUSINGE | Doing business in East Africa has improved in the recent years with the operationalization of the One Stop Border Points (OSBP). TradeMark East Africa (TMEA), through funding from UK’s Department for International Development (DFID) and Global …

Deloitte, an international Audit firm operating in Uganda is working on a plan with the Ministry of Trade Industry and Cooperatives to aid small and medium enterprises (SMEs) grow their enterprises and boost economic growth. Its Managing Partner in Uganda, Norbert Kagoro, spoke to The Independent’s Julius Businge about their …

Why cost per Mbps has dropped by 73% in last three years Kampala, Uganda | JULIUS BUSINGE | The cost of internet in Uganda has dropped by 73% to US$70 per Mbps over the past three years, signaling a reduction in the cost of doing business. In an exclusive interview with …