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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Post-budget dialogue reveals strong prospects in extractives and energy under NDP IV, with government and UCEM urging faster implementation and inclusive investment Kampala, Uganda | JULIUS BUSINGE | When Charles Oleny Ojok, Deputy Executive Director at the National Planning Authority (NPA), took to the podium at the Uganda Chamber of Energy …
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Is this allocation for all Ugandans? Kiryandongo, Uganda | JULIUS BUSINGE | “I’ve heard the government has increased the budget for agriculture again. But how exactly will that help my small onion and maize farm here in Kiryandongo?” wondered a 32-year-old farmer in Mutunda sub-county, reflecting on the newly announced national …
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As Uganda’s development bank posts strong results, calls grow for sustainable government support to meet rising demand Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank (UDB), the country’s leading state-owned development finance institution, has reported a robust net profit of Shs 57.8 billion ($15.4 million) for the year ending 2024—an …
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The Independent Uganda: You get the Truth we Pay the Price
