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President Museveni to grace the 30-year construction sector activities

The construction and infrastructure sector contribute significantly to Uganda’s Gross Domestic Product (GDP), accounting for 12% Kampala, Uganda | JULIUS BUSINGE | The Uganda National Association of Building and Civil Engineering Contractors (UNABCEC), in collaboration with the Ministry of Works and Transport, is set to commemorate three decades of excellence in …

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Ugandan Sinotruk assembler targets regional market

Kampala, Uganda | URN & AGENCIES |  Double Q Company Ltd has commenced construction of a new assembly plant to increase its output of mainly Sinotruk heavy goods trucks in Uganda. Currently, the company with its operations at Busega along the Northern Bypass in Rubaga Division, Kampala, is putting out …

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Stop EACOP shifts campaign to Chinese banks

Kampala, Uganda | THE INDEPENDENT | The stop EACOP campaigners are now targeting Chinese banks and insurance firms from funding the longest crude oil pipeline between Uganda and Tanzania. The latest move by the international and their local campaigners comes after they successfully fought off Western banks and insurance firms from …

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Africa Oil Week

Kampala, Uganda | THE INDEPENDENT | Africa must set the terms and the time frames of its own energy transition. This was the message of South African Deputy President Paul Mashatile as he delivered the keynote speech at the African energy event dubbed Africa Oil Week. “We recognise the need to …

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AI Solution wins TotalEnergies rEVolution hackathon

Kampala, Uganda | THE INDEPENDENT | An innovative solution utilizing artificial intelligence to identify optimal locations for Electric Vehicle (EV) charging points has clinched the top spot in the prestigious ‘TotalEnergies Uganda rEVolution hackathon.’ The ingenious solution presented by the TBKN team was unveiled as the winner during an awards ceremony …

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Natural resource-backed loans a disaster for Africa-IMF

Africa is grappling with mounting debt crisis, with total external debt surpassing the US$1 trillion-mark last year Kampala, Uganda | RONALD MUSOKE | Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has publicly endorsed the recent call by the African Development Bank Group, urging African governments to refrain …

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Kasaija to URA: Save me from borrowing

Kampala, Uganda | THE INDEPENDENT | The Minister for Finance and Economic Development, Matia Kasaija, has appealed to the Uganda Revenue Authority (URA) to devise effective tax collection strategies to bolster the country’s economy. His primary aim is to reduce the nation’s dependence on debt, a situation that has become …

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