Tag Archives: Julius Businge

  Utility boss calls for tighter coordination to tackle vandalism, illegal connections and metering losses   Kampala, Uganda | JULIUS BUSINGE | Uganda’s push towards universal water access is exposing a new set of structural challenges, with the national water utility warning that illegal connections and infrastructure vandalism are eroding …

KCB targets the growth gap in female-led firms   Kampala, Uganda | JULIUS BUSINGE | Uganda’s banking sector is sharpening its focus on women entrepreneurs, as lenders roll out targeted products to close a long-standing financing gap that has constrained the growth of female-led businesses. Against this backdrop, KCB Bank …

Uganda’s challenge is not just building roads—but building a system where speed, transparency, and accountability move in the same direction Kampala, Uganda | JULIUS BUSINGE | In the quiet hours of April 11, at exactly 02:20am East African Standard Time, Muhoozi Kainerugaba, the Chief of Defence Forces of the UPDF and …

According to the MPI, 27 per cent of Ugandans (Approx.12.2 million) are classified as multidimensionally poor, with stark regional disparities   Kampala, Uganda | JULIUS BUSINGE | Uganda’s progress in reducing income poverty is masking a more complex reality, as new data shows millions of citizens still face significant deprivation …

  Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan   Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …

  Mobile money operators also highlighted the effect of digital transaction taxes on usage, noting that higher costs are already prompting some consumers to revert to cash   Kampala, Uganda | JULIUS BUSINGE | Uganda’s proposed tax measures for the 2026/27 financial year have drawn criticism from civil society groups, …

Kampala, Uganda | JULIUS BUSINGE | The Minister of Science, Technology, and Innovation, Monica Musenero Masanza, has officially launched National Science Week (NSW) 2026, positioning science, technology and innovation (STI) as a key driver in Uganda’s ambition to build a USD 500 billion economy. The launch event took place on …

  The board proposed a dividend of KSh11.7 billion, up from KSh9.1 billion in the previous year   Kampala, Uganda | JULIUS BUSINGE | NCBA Group reported a 7% increase in net profit to KSh23.4 billion ($181 million) for the year ended December 2025, helped by stronger asset growth, improved …

  The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion   Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …

 Experts  called for stronger regional cooperation, improved monitoring of online platforms, and heightened accountability for digital marketplaces   Kampala, Uganda | JULIUS BUSINGE | As the world observed World Consumer Rights Day on March 15, officials across the COMESA region warned that unsafe products in both physical and digital marketplaces …