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Tag Archives: Julius Businge

Museveni addresses COMESA delegates

By Julius Businge President Yoweri Museveni has today, Nov. 23 urged the COMESA member states to support the integration process within of the COMESA bloc to enable it record positive achievements. Museveni advised member states to copy what developed countries did, especially China so they can have their economies in …

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Seguya appointed UWA boss

By Julius Businge Andrew Seguya has been appointed as the substantive executive director of the Uganda Wildlife Authority (UWA), according to the UWA statement. The appointment was confirmed by the Minister of Tourism Maria Mutagamba. The position fell vacant in 2010 following the sacking of Moses Mapesa and other officials …

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Umeme IPO oversubscribed

Kampala, Uganda | Julius Businge | The Umeme Initial Public Offering which closed on Nov. 7 has been oversubscribed by 35% by all categories of investors, officials said on Nov.8. They [officials] from Stanbic bank Uganda-the transaction advisor, African Alliance Uganda-the lead sponsoring broker said more than the 622, 378, 000 shares …

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Air traffic controllers discuss safety

Kampala, Uganda | Julius Businge| The International Federation of Air Traffic Controllers Association (IFATCA) has met in Kampala for the last three days [from Nov. 7 to 9] to discuss about safety issues in the aviation industry. IFATCA is an umbrella organisation that brings together professional associations of air traffic controllers …

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Ugandan shilling falling further

By Julius Businge The Ugandan shilling fell against foreign currencies notably the dollar on Wednesday, dealers said. Commercial banks quoted the currency of Africa’s largest coffee exporter at 2,587/2,597, weaker than Tuesday’s close of 2,575/2,585. “There is some depreciation of the local currency as a result of better liquidity conditions …

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Uganda attracts more Indian investors

By Julius Businge The Uganda government has promised tangible support to the Indian community eying Uganda as their immediate investment destination, Amelia Kyambadde the Trade and industry minister said. Speaking to the Confederation of Indian Industry and the members of the visiting Indian delegation in Kampala on Oct. 16, the …

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