Kampala, Uganda | JULIUS BUSINGE | Sadolin Paint has partnered with local businessman, Joseph Kanaaba to launch a Shs 180 million colour centre located at Freedom City, along Entebbe Road – a few kilometers away from Kampala City. In an interview with The Independent, Kanaaba said the Centre opened business on …
Read More »Mixed reactions to Museveni’s New Year speech on economy
What experts think is important in regard to president’s message Kampala, Uganda | JULIUS BUSINGE | Gideon Badagawa, the executive director at the Private Sector Foundation Uganda (PSFU), says President Yoweri Museveni’s New Year speech with regard to value addition was well-intentioned. “The concentration of the speech on value addition …
Read More »Commissioners grill Kibuule over grabbing Kabaka’s land
Kampala, Uganda | GODFREY SSALI | The State Minister for Water Resources Ronald Kibuule Wednesday appeared before the Land Probe Commission to defend himself over claims by Buganda Land Board that he illegally owns 85 acres of land at Kigaya Golomola village in Buikwe District, from which he intends to, evict …
Read More »Uganda’s private sector remains stable
Kampala, Uganda | JULIUS BUSINGE | Uganda’s private sector remains stable amidst a slight reduction in the activity, according to the latest monthly survey conducted by Stanbic Bank. Stanbic Bank Uganda Purchasing Managers Index for manufacturing and services declined slightly from 54.9% in November to 54.3% in December 2017. However, the …
Read More »Electricity boom in 2018
Karuma, Isimba hydropower projects to add 783MW Kampala, Uganda | JULIUS BUSINGE | Uganda’s electricity supply is expected to increase later this year as government switches on Isimba and Karuma hydropower dams amidst low electricity demand. The government is set to launch Isimba (183MW) and Karuma (600MW) hydropower dams – …
Read More »Wilson Kyambadde out of jail but property to be attached
Kampala, Uganda | GODFREY SSALI | Court bailiff Moses Kirunda has warned that Wilson Kyambadde cannot celebrate his release yet because the storm is not yet over. Kirunda says Kyambadde is still a civil debtor despite having served six months in prison. He said this is because he has not yet made …
Read More »Makerere academic registar charged over graduation bonanza
Kampala, Uganda | GODFREY SSALI | The Deputy Academic Registrar of Makerere University has been charged before the Anti-Corruption Court with four counts of abuse of office. Margaret Etuusa Lubega Loy who is in charge of Certificates, Ceremonies and Publicatons is alleged to have contravened procurement laws, regulations …
Read More »The good, bad of Uganda’s economy in 2017
Key indicators remain largely unchanged Kampala, Uganda | JULIUS BUSINGE | 2017 appears to have been a good and bad year for Uganda’s economy even as key indicators remained largely unchanged. Bank of Uganda’s monetary policy tamed inflation to below the set target of around 5% as well as stabilised exchange rate …
Read More »UEGCL fights to deliver Isimba, Karuma
Power generator cleared to hire new dam supervisor Kampala, Uganda | JULIUS BUSINGE | Power generator—Uganda Electricity Generation Company Limited (UEGCL)—is set to hire a new supervisor technically known as Owner’s Engineer (OE) for the 183MW Isimba hydro-power dam. This comes two months after the contract of Energy Infratech expired in …
Read More »Why suspended MPs dragged Kadaga to Court
Kampala, Uganda | GODFREY SSALI | The six suspended MPs have petitioned the Kampala High Court Civil Division seeking to quash the decision of the Speaker of Parliament, Rebecca Kadaga to stop them from participating in the ongoing debate intended to ammend the constitution. They want the Court to compel Kadaga …
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