Australia| FINANCIAL REVIEW| No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known …
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The government of Uganda through its agency, the Uganda Electricity Generation Company Limited (UEGCL) has received a grant worth Shs 6.2 billion from a French development agency (AFD) to facilitate the process of undertaking feasibility studies for a number of small hydro-power generation sites. The sites are located in the …
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Uganda power distributor Umeme Limited has attributed the constant power outages that leave hundreds of Ugandans in the dark to global warming. During a stakeholders’ Annual General Meeting (AGM) at Sheraton Hotel on Thursday, Chairman Board of Directors Patrick Bitature said the national electricity grid could not handle increasingly stronger …
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Uganda energy officials engage China partners on nuclear energy development Uganda has called for partnership with China in the area of nuclear energy development for peaceful purposes. “Plans have been made in Uganda to have clean and safe energy generation sources with nuclear being one of them”, said Prisca Boonabantu, Undersecretary …
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DURBAN, South Africa| PPU| Thursday | President Yoweri Museveni has asked German companies to invest in Uganda, saying the country offers a perfect investment environment. Museveni, who is attending the World Economic Forum in Durban, South Africa, made the call as he witnessed the signing of Memoranda of Understanding between …
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African Development Bank President Akinwumi Adesina has spoken confidently about Africa’s enormous potential, and the bank’s ambitious development agenda, which he said was well underway. He said this, in an impassioned speech, delivered at the Center for Global Development in Washington, DC, on Wednesday, April 19. The High 5s …
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Shanghai, China | AFP | State-owned Chinese energy giant PetroChina on Thursday announced it slumped to a record-low profit for 2016 as global oil price weakness slashed earnings by 78 percent. Net profit fell to 7.86 billion yuan ($1.1 billion), the Beijing-based company said in a statement to the Hong Kong …
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Historic ground breaking ceremony completed for Rusumo dam to serve Burundi, Rwanda and Tanzania Tanzania, Rwanda and Burundi have launched the construction activities of the regional Rusumo Falls Hydroelectric Project in Ngara, Tanzania. The project, first conceived two decades back, will when completed deliver a shared hydropower plant with installed capacity …
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New York, United States | AFP | President Donald Trump pledged Tuesday to revive America’s coal industry by rolling back regulation, but energy experts expressed doubt his moves would significantly boost prospects for the controversial energy source. Trump, flanked by coal miners and Environmental Protection Agency chief Scott Pruitt, a …
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Accra, Ghana | AFP | Ghana’s new government is looking to fix a crippling power crisis with a complete overhaul of its deficit-ridden energy sector including a boost for solar energy. Intermittent power supply issues have dogged the west African nation since the 1980s and became particularly acute in the …
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The Independent Uganda: You get the Truth we Pay the Price