Thursday , July 2 2020
Home / Tag Archives: Mugume

Tag Archives: Mugume

Jumia’s 8 years in Uganda

Company officials say the business is here to stay Kampala, Uganda | JULIUS BUSINGE | E-commerce firm, Jumia Uganda, a subsidiary of the pan African e-commerce company, Jumia Group on June 10, celebrated eight years of business operations at a mini-press conference held in Kampala, where top officials said they …

Read More »

Ugandans hold sh16 trillion in bank savings

Kampala, Uganda | THE INDEPENDENT | Ugandans hold as much as Sh7.8 trillion on time deposit accounts, a figure which, according to the central bank implies confidence in the banking system. A time or term deposit is an interest-bearing bank deposit account that has a specified date of maturity, where …

Read More »

Uganda’s coffee, maize, beans exports fall

🇺🇬 Export earnings ⬆               2017/18 – 2018/19 Gold 🥇 US$343m – US$1,068m Fish 🐠   US$146m – US$185m Tobacco US$54m  – US$85m Cocoa B  US$58m – US$73m 🇺🇬 Export earnings ⬇                2017/18       2018/19 Coffee☕ US$492m  …

Read More »

Koreta, Mugume now Generals, Muhoozi Lt.Gen

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has promoted more than 2,031  officers and men of the Uganda Peoples Defence Forces (UPDF) to various ranks. One hundred of the officers were promoted to align with establishment appointments, 97 were promoted due to retirement, 130 were promoted for long …

Read More »

Why Bank of Uganda has cut CBR to 10%

  Says revamping the economy will depend on government spending Kampala, Uganda | Julius Businge | The Central Bank has once again lowered its indicative lending rate, the Central Bank Rate, in a bid to push commercial bank rates down and spur private sector borrowing in the next three months. …

Read More »

Uganda’s manufacturing sector slows growth

Sector executives, analysts predict better performance in the second half of 2016/17 The emergence of several structures at the Kampala Industrial and Business Park at Namanve, Uganda’s newest hub for manufacturers seem to give an impressive face of Uganda’s manufacturing sector to whoever glances at it from the Kampala-Jinja Highway. …

Read More »

Former DPC convicted for battering journalist

Former Old Kampala Police Division Commander Joram Mugume has been ordered to pay a fine of Shs1m or face a one year jail sentence for assaulting WBS journalist Andrew Lwanga. Buganda Road Court Grade One magistrate Gladys Kamasanyu said court took into consideration the hospital bills worth Shs11m footed by …

Read More »