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Tag Archives: Muhumuza

‘Middle Income’ status

  Museveni’s dream and numbers that don’t lie Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni announced on June 7, rather surprisingly, that Uganda had attained Lower Middle Income status, the question has been why the President appears desperate for Uganda to attain that rank. Several views have …

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FlyHub picks Muhumuza as first CEO

Kampala, Uganda | THE INDEPENDENT | FlyHub Uganda Limited, a subsidiary of Stanbic Bank Uganda Holdings Limited (SBUL) has announced the appointment of Joel Muhumuza as its first Chief Executive Officer. FlyHub is a newly created FinTech company and one of four subsidiaries under SBUL, the others being, SBG Securities, …

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Kasaija’s tax burden

  How to raise money from ideas that failed Kampala, Uganda | ISAAC KHISA | Finally its May, the month in which parliament as the Committee of Supply debates and passes the 2021/22 national budget. Unlike in recent years, the focus of debate has shifted from sector allocation to another …

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EAC governments need budgets of survival and recovery

2021 EAC congress of accountants exposes economic integration opportunities Kampala, Uganda | JULIUS BUSINGE | Uganda on April 14-16, hosted the third East African Congress of Accountants to deliberate about economic integration issues. The congress that attracted about 1,000 participants both online and physical, was held at a time Ugandan …

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Bank of Baroda’s move for 2020

The lender will now focus on technology usage, human resource capabilities and credit earnings from agriculture, manufacturing sectors to drive growth Kampala, Uganda | JULIUS BUSINGE | Bank of Baroda Uganda Limited, a subsidiary of Bank of Baroda, India is focusing on investing in technology to offer efficient and timely …

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Pension sector assets hit Shs13.2 trillion

Industry regulator says the future is bright amidst current COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s retirement benefits sector recorded a 13.8% increase in assets to Shs13.2trillion for the year ended Dec. 2019, according to the Uganda Retirements Benefits Regulatory Authority’s performance latest report presented on Sept.02 in …

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