Tag Archives: investments

Kampala, Uganda | THE INDEPENDENT | Business operators in Uganda are encouraged to consider environmental, social and governance aspects when compiling their annual financial statements in order to gain relevance before different stakeholders. Annual financial reports are usually made for accountability to business owners, regulators and, increasingly, prospective investors in the …

China should focus more on availing  more capital for African electrification projects and renewable energy technologies ANALYSIS | RONALD MUSOKE | China should now focus its economic engagement with Africa towards supporting the continent’s energy access and energy transition objectives, recommends a new study by Boston University’s Global Development Policy Centre …

Tourism services are still generally poor and there is a need for investment especially in tour guiding, site interpretation, food and beverage services Kampala, Uganda | JULIUS BUSINGE | A comprehensive report released by the Petroleum Authority of Uganda has advocated for significant reforms in the tourism and oil and gas …

EU has recently supported the Directorate of Geological Survey and Mines (DGSM) with over Shs3 billion to conduct evaluations of iron ore prospects in Southwestern Uganda Kampala, Uganda | JULIUS BUSINGE | Stakeholders in Uganda’s mining sector have called on the government to make substantial investments in determining the quantities of …

  Jinja, Uganda | THE INDEPENDENT | Joseph Muvawala, the Busoga Kingdom Prime Minister has challenged Basoga to invest their savings in income generating activities like agriculture rather than building mansions in their villages. Speaking at the Busoga Development Forum convention, held at the Jinja City on Friday, Muvawala who is …

Kampala, Uganda | THE IDEPENDENT | The United Nations Conference on Trade and Development (UNCTAD) says developing countries need urgent support to enable them to attract more investment for their transition to clean energy. UNCTAD’s World Investment Report 2023 published this week shows that much of the growth in international investment …

EIB has supported  Eastern Africa Transport Corridor and Bujagali Hydroelectric Project Kampala, Uganda | RONALD MUSOKE | A delegation from the European Investment Bank (EIB) has concluded a week-long (May 22-26) visit of Uganda that saw the bank’s representatives and senior officials from the government of Uganda and the private sector …

Kampala, Uganda | THE INDEPENDENT | Uganda’s Deposit Protection Fund has recorded a 15% surge in assets to Shs 1.15 trillion for the year ended June 2022, with investments held in government treasury bills and treasury bonds. Financial results released on Jan.31 show that the fund’s surplus and reserves account increased …

Kampala, Uganda | THE INDEPENDENT | The European Union has asked Uganda to speed up her preparations for a free trade deal saying that they are ready to open up the market on their side. Currently, Uganda exports goods to Europe under the Everything But Arms-EBA arrangement which is a duty-free …

Kampala, Uganda | THE INDEPENDENT | Leaders from the Karamoja region are mobilizing for increased investments in the area, as a way of solving the persistent problems experienced by local communities. In a meeting held in Kampala on Saturday under the theme; “the Karamoja Spotlight,” aimed at creating more awareness about …