Local content fight: Manufacturers, Chinese face off over local materials as government sets up committee to salvage local manufacturing sector On August 02, Matia Kasaija, the minister for finance, planning and economic development, chaired a high profile meeting at the ministry headquarters in Kampala. It comprised a delegation of officials from the …
Read More »World Bank hails Northern Corridor logistics environment
Northern Corridor success: New World Bank report highlights logistics on EAC’s Northern Corridor as an inspiring African success story Finally, the massive investments in projects to remove logistical bottlenecks in the East African Community are starting to pay off great dividends. A new World Bank report dubbed, ‘Trade Logistics in …
Read More »KAGINA: UNRA needs more money
Uganda National Roads Authority (UNRA) needs an additional sh400 billion to adequately fund road maintenance and network operations. The current budget of sh246.9 billion is inadequate to fund all the necessary activities to keep the network in good condition and fully functional, UNRA Executive Director Allen Kagina has said. In …
Read More »Entebbe Road madness
One of the temporary inconveniences that are making branding Uganda more complicated Amos Wekesa, arguably the face of Uganda’s tourism industry and self-confessed ‘brand ambassador’ for the country, rarely, if ever, makes negative comments about his country in public. He travels around the world marketing the country in his ‘I’m …
Read More »How UNRA Misappropriated UGX 4 Trillion -Probe Report
After a six-month probe on UNRA activities by Lady Justice Bamugemereire, President Yoweri Museveni has today been handed a 1300 page report. In the report, it was discovered that at least UGX 4 Trillion was misappropriated by the old UNRA structure. Whereas UGX 9 Trillion was used to construct 1500km …
Read More »Africa needs to fund Infrastructure development through its own resources
By Stephen Kafeero This call was made by AU Commissioner for Economic Affairs, Dr Anthony Mothae Maruping as representatives of African governments, United Nations Agencies, the African Union Commission and other strategic development partners concluded a two day meeting of the NEPAD Steering Committee in Centurion, South Africa. “Infrastructure development …
Read More »Kalangala Infrastructure Services starts works on Bugala Island road
By Julius Businge Kalangala Infrastructure Services (KIS) has started construction of the 66km main Bugala Island road as part of the four major projects aimed at opening up the island to major trading centres across the country. The other components under the KIS project include providing ferry transport services, water …
Read More »Spend resources on critical sectors, Nuwagaba tells government
By Julius Businge Senior economist Augustus Nuwagaba from Makerere University has called on government to spend resources on critical sectors like infrastructure, agriculture, manufacturing among others to grow the economy in the New Year, 2013. The central bank recently said the economy grew at 5.2% for the period ending December …
Read More »AfDB to use Africa’s foreign reserves cash for infrastructure projects
Kampala, Uganda | Ronald Musoke | The president of the African Development Bank (AfDB), Donald Kaberuka, has said the continental institution is in the process of convincing African states to use some of their savings held in foreign reserves to kick start several infrastructural projects to aid their economic transformation. Kaberuka who …
Read More »Poor infrastructure frustrates real estate development
By Patrick Kagenda Lack of access roads, water and sewerage and electricity networks lead to a doubling of the cost of building and owning of a home or real estate development as it’s popularly known in Uganda. Housing experts say if government could put in place infrastructure, turn key houses …
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