Africa poised for unprecedented mining boom BUSINESS INTERVIEW | THE INDEPENDENT | Africa is poised to experience an unparalleled mining boom that will unleash its immense potential and completely transform the continent’s economic terrain. Leading the push is the visionary Ugandan businessman Emmanuel Katto, who has expressed his deep hope …
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Kampala, Uganda | THE INDEPENDENT | Experts and practitioners in the extractives industry have warned of adverse effects on Uganda unless there is strict regulation and hence transparency. Unless strict rules and regulations are put in place and strictly enforced, there will also be very little or no benefit to …
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Kampala, Uganda | THE INDEPENDENT | The private sector in Uganda views the statement on sanctions made by the West against Uganda as a barrier that will be overcome. The latest statements came from the US government in form of an advisory to its business people doing business in Uganda, …
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Kampala, Uganda | THE INDEPENDENT | The government is to resume the issuance of new mining licenses as the new mining and Minerals Act takes effect. The issuance of the licenses by the Directorate of Geological Surveys and Mines had been temporally halted pending the guidelines after the enactment of …
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Experts want the government to offer incentives to bolster the sector’s growth Kampala, Uganda | JULIUS BUSINGE | Private sector players have called on the government to offer incentives to players in the mining sector to bolster its growth and create opportunities. Frank Mugyenyi, Founder of Global Minerals Africa Development …
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If that discovery was authentic, you would have seen the big boys here, say analysts Kampala, Uganda | RONALD MUSOKE | Last year, on June 07, during his State of the Nation address, President Yoweri Museveni announced that Uganda had found up to 31 million metric tonnes of gold with extractable …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s mining industry is likely to face a struggle to access the needed insurance cover as they plan more exploration and production. As different companies step up their activities, huge amounts of money will be spent covering for any eventualities that might result in …
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Addis Ababa, Ethiopia | Xinhua | Ethiopia has earned more than 560 million U.S. dollars in revenue from gold exports during the last Ethiopian 2021/2022 fiscal year, which ended on July 7, an Ethiopian official said Wednesday. State Minister of Ethiopia Ministry of Mines Thomas Tut said the bulk of …
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Kampala, Uganda | THE INDEPENDENT | The Police has recovered bodies of five men who were buried alive in a stone quarry on Saturday evening. The incident happened around 6:30pm after part of the stone quarry collapsed and trapped unknown number of people and a vehicle under its rubble in Nganjo …
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Kampala, Uganda | THE INDEPENDENT | Residents of Namulanda Nganjo cell in Kajjansi Town Council are scared that three or more people could have been killed after part of a stone quarry collapsed Saturday evening. Led by Maria Nanteza and Canaan Nsubuga, the residents and area leaders are urging the …
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The Independent Uganda: You get the Truth we Pay the Price