How is the Covid-19 pandemic impacting investment in large-scale oil and gas developments in sub-Saharan Africa? Ian Lewis sees tough times ahead Getting upstream oil and gas projects off the ground in sub-Saharan Africa was challenging before the Covid-19 pandemic. Now the operating environment is even tougher, as the industry contends with …
Read More »
Kampala, Uganda | THE INDEPENDENT | The business community might have to forget the tax incentives that the government offered them to mitigate the effects of the COVID-19 pandemic on their businesses, as there is no necessary legislation to enable their enforcement. The 2020/2021 budget was delivered under the theme: …
Read More »
Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …
Read More »
Fort Portal, Uganda | THE INDEPENDENT | Fort Portal Tourism City authorities have allocated the green belt along Mugurusi road to Every Body’s Kitchen – EBK, a fast food company. There has been speculation from various people over the past week that the city authorities had sold the green belt to …
Read More »
Busia, Uganda | THE INDEPENDENT | The COVID19 pandemic has delayed the completion of Busia Modern Market. The Shillings 24 billion market construction that is being undertaken by Zhanghao-Zhongeng joint ventures was expected to be completed by April 30th, 2020. However, the project Engineer Enoch Luwabo says construction work …
Read More »
Why our country continues to take more and more loans and what this means for the economy THE LAST WORD | ANDREW M. MWENDA | Uganda is at a crossroads. Early this year, government passed a budget of Shs32 trillion for the 2020/2021 Financial Year. It also projected to collect …
Read More »
Museveni accused of switching sides Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest power project, the 600MW Karuma Hydropower Dam on River Nile, appears to be in trouble amidst allegations of shoddy works, breached contracts, verbal fights, and even accusations of sabotage. In the fight, the Chinese contractors, Sinohydro Corporation …
Read More »
Kampala, Uganda | THE INDEPENDENT | More Ugandans could drift into poverty unless government comes up with measures to cushion those that have been rendered jobless as a result of COVID-19 pandemic. As the world marks observesthe International Day for the Eradication of Poverty, there are fears that poverty level …
Read More »
Mukono, Uganda | THE INDEPENDENT | Researchers at the National Forestry Resources Research Institute-NaFRRI under the National Agricultural Research Organization-NARO have improved the micro garden system to support farming in urban areas. The researchers have now designed a vertical garden made out of wood, forming a rectangle with a number …
Read More »
Nairobi, Kenya | Xinhua | Africa’s e-commerce platform Jumia is looking to increase partnerships with Chinese suppliers in order to boost its revenue streams, the company said on Thursday. Sam Chappatte, CEO of Jumia Kenya, told Xinhua in Nairobi that China is an efficient producer of goods and therefore many of …
Read More »
The Independent Uganda: You get the Truth we Pay the Price