Tag Archives: Julius Businge

By Julius Businge Uganda, which is the third largest economy in East Africa expects to record over $700million as remittances earned by Ugandans living in foreign countries, a top Bank of Uganda official has said. Speaking to journalists at the Bank’s head office in Kampala on Dec. 4, Adam Mugume, …

By Julius Businge The Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, has said that if donors go ahead and cut aid to Uganda, the country’s economic growth rate will reduce by about 0.7%. “That’s if they cut because we hear some have cut and others haven’t,” Mutebile told a press …

By Julius Businge The participants in the World Conference on International Telecommunications meeting in Dubai have overwhelmingly supported the importance of Article 19 of the Universal Declaration of Human Rights affirming the right of all people to freedom of opinion and expression, including the freedom to hold opinions without interference …

By Julius Businge The Public Procurement and Disposal of Public Assets (PPDA) Executive Director, Cornelia Sabiiti is leading a team of 19 professionals to a regional procurement forum in Bujumbura, Burundi that runs from Dec. 5 to 7, the procurement body said in a press statement released on Dec. 5. …

By Julius Businge The central bank of Uganda has marginally reduced the central bank rate to 12% in December down from 12.5% in November, in a bid to boost economic growth. The country’s economy grew at 3.2% in the year 2010/2011 down from 6.7% in 2009/2010, partly because of the …

By Julius Businge The junior minister for information and communication technologies, Nyombi Thembo has urged the mobile phone suppliers/companies to find a way of disciplining those companies that forge their genuine products and sell them to consumers. Thembo was speaking as the chief guest at a dinner organised by Samsung …

By Julius Businge A recent report released by the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and …

By Julius Businge The Uganda Shilling is forecast to stabilise as the high US dollar demand from importers, which sent the local currency tumbling to a 13-month low in recent days, starts to recede, according to Dickson Magecha, the Forex Trader at Standard Chartered Bank Magecha said at the end …

By Julius Businge Samsung, a global company dealing in semiconductor, telecommunication, digital media and digital convergence technologies is conducting Samsung week which aims to increase local knowledge and awareness about the company. The week that started on Nov. 25 in Kampala and ends on Dec. 1 will see the company …

By Julius Businge Ben Paul Mungyereza has been appointed as the new executive director of the Uganda Bureau of Statistics effective Nov. 26, the statistics body said in a statement dated Nov. 26. Mungyereza replaces John B Male-Mukasa who retired at the end of his contract on Nov. 22, having …