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Tag Archives: Julius Businge

MTN hands over $27,000 to innovation awards winners

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 …

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Uganda hosts regional conference on social security

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 …

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Sanlam finally announces Lion Assurance acquisition deal

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 …

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Magufuli, Museveni sign big business deals

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 …

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SMEs are Uganda’s engine for growth

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 …

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Karuma to get skyline facility

Energy minister launches construction of Karuma Dam employer’s facility Kampala, Uganda | JULIUS BUSINGE | On Oct. 27, the State Minister for Energy and Mineral Development, Simon D’Ujanga, launched the construction of a Permanent Employer’s Camp at the 600MW Karuma Dam. The facility’s cost is part of the entire US$1.7 billion …

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Good news on economy

But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …

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