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 …

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 …

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 …

More storage facilities in offing as private players increase storage capacity to match the growing demand Kampala, Uganda | JULIUS BUSINGE | With the current expansion of Uganda’s industry and manufacturing, transport, and services sectors in addition to a rapidly growing population,which are key consumers of petroleum products, one key question …

Kampala, Uganda | GODFREY SSALI | Uganda has objected to the introduction of new issues in the World Trade Organization negotiations before the completion of the negotiations on issues in the Doha Round of negotiations. Speaking during the meeting for the African Group in the ongoing 11th WTO Ministerial conference in …

But should Dr. Ha – Joon Chang’s push for more state intervention in the economy be the future? Kampala, Uganda | JULIUS BUSINGE | The guest speaker at the Bank of Uganda’s flagship annual lecture series; the Joseph Mubiru Memorial Lecture, is usually a distinguished individual in the field of finance, …

Kampala, Uganda | JULIUS BUSINGE | Physical progress of works (civil, hydro-mechanical and electro-mechanical) of the construction of the 600MW Karuma hydro-power dam is now at 71% completion rate ahead of official commissioning in December next year. The dam, which is constructed under the ground, is costing the government of Uganda …

Kampala, Uganda | GODFREY SSALI | African Heads of State are set to sign the Agreement establishing the Continental Free Trade Area (CFTA) in March 2018. This follows the 4th meeting of Ministers of Trade from the African countries in Niamey, Niger on 1 and 2 December 2017 in which they …

Kampala, Uganda | GODFREY SSALI | The speaker of Parliament, Rebecca Kadaga, says that the raid on Entebbe Airport in 1976 by Israel to rescue their people should be a vehicle for unity between Uganda and Israel and Africa as a whole.  Highlighting the hijacking of the plane and the subsequent …

Social security funds to tackle key areas in education, IT to accelerate pension growth Kampala, Uganda | JULIUS BUSINGE | How can African governments ensure that the working population has some sort of social security at old age? That was the main issue discussed during the two-day East and Central Africa …