Tag Archives: deal

Kampala, Uganda | THE INDEPENDENT | Power trading between Rwanda and Uganda could start soon, Rwanda Energy Development Corporation Limited (EDCL) has revealed. EDCL is a subsidiary of Rwanda Energy Group (REG) mandated to increase investment in the development of new energy generation projects, develop appropriate transmission infrastructure, and execute energy …

Kampala, Uganda | THE INDEPENDENT | President Museveni on Thursday flagged off the export of military consignments manufactured by Southern Ranger Nyanza Limited (Nytil)to Equatorial Guinea. The consignment included 5,400 cartons of army uniforms and accessories for the Equatorial Guinea army manufactured in Uganda. The items were first displayed to President …

Kampala, Uganda | THE INDEPENDENT | The Public Procurement and Disposal of Public Assets (PPDA) tribunal has cancelled the aviation fuel supply contract that Uganda National Airlines had awarded to Vivo Energy, citing procurement irregularities. On November 8, 2022, Uganda Airlines, through a newspaper advertisement, invited sealed bids for the procurement …

Kampala, Uganda | THE INDEPENDENT | Parliamentarians have warned President Yoweri Museveni against entertaining any thoughts of a U-turn against the resolution of the House that endorsed the termination of the agreement between the Government and Uganda Vinci Coffee Company Limited – UVCCL. The Committee led by Mwine Mpaka Rwamirama, also …

Katowice, Poland | UN | After two weeks of crunch negotiations – with overtime – the almost 200 parties gathered in Katowice, Poland, for the United Nations COP24 two-week climate change conference, adopted on Saturday a “robust” set of implementing guidelines for the landmark 2015 Paris Agreement, aimed at keeping …

Berlin, Germany | AFP | German Chancellor Angela Merkel visits US President Donald Trump on Friday for a last-ditch European effort to prevent a transatlantic trade war and save the Iran nuclear deal. Merkel’s working trip is expected to be far more business-like than this week’s pomp-filled state visit by French …

Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …

Kampala, Uganda | THE INDEPENDENT | Ugandans living abroad can now send money home to their families and friends through Centenary Bank accounts countrywide following a partnership with the digital money transfer firm, WorldRemit. Fabian Kasi, the managing director of Centenary Bank said the new partnership re-affirms the lender’s commitment to …

Tehran, Iran | AFP | US President Donald Trump on Friday declared a more aggressive strategy on a nuclear deal between Iran and six world powers but stopped short of withdrawing from the 2015 deal. Struck in Vienna by the five permanent members of the UN Security Council — Britain, China, …

Abidjan, Ivory Coast | AFP |  Ivory Coast’s President Alassane Ouattara announced Saturday he has reached an agreement with soldiers who seized the second city Bouake in an angry pay protest that spread to the economic capital Abidjan. “I confirm my agreement to take into account the demands relating to …