Cancellation of Heads of State summit was the anti-climax of the bloc’s 20th anniversary Kampala, Uganda | IAN KATUSIIME | On November 30, the East African Community (EAC) marks twenty years. A scheduled Heads of State Summit for the six EAC countries; Uganda, Kenya, Tanzania, Rwanda, Burundi and South Sudan …
Read More »Freight and logistics firms prepare to tap into oil opportunities
The firms are investing in staff, information technology and standards Kampala, Uganda | JULIUS BUSINGE | As Uganda slowly moves towards commercial oil production, companies in the freight and logistics sector are preparing their staff, investing heavily in information technology as well as standards to tap into the multi-billion sector. …
Read More »Ugandan traders urged to take advantage of Mombasa port expansion
Kampala, Uganda | THE INDEPENDENT | Uganda’s consul general to Mombasa, Ambassador Katureebe Tayebwa has urged Ugandans to take advantage of the expansion of the Mombasa Port and the completed Standard Gauge Railway (SGR) leg to Nairobi to export or import more goods but also lower transport costs. Tayebwa said …
Read More »Museveni, Chinese president expected to discuss funding for SGR
Kampala, Uganda | THE INDEPENDENT | President Museveni is expected to discuss funding for the Standard Gauge Railway-SGR during his visit to China. Museveni arrived in China on Monday for a four-day visit where he will address the China-Africa Economic and trade expo. On arrival, Museveni tweeted that he will …
Read More »SGR funder doesn’t want to look at us-Finance Minister
Kampala, Uganda | THE INDEPENDENT | Ugandan traders expecting to use the Standard Gauge Railway to transport their merchandise from Mombasa to Kampala should forget it for now as the funder doesn’t want to commit money before he is sure that the Kenyan line will reach Malaba border. Uganda had hoped …
Read More »Ministry of Finance optimistic, still pursuing SGR funding
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic development says that it still hopes to get funding from China’s Exim bank for the construction of the Standard Gauge Railway. The Uganda Standard Gauge Railway is a USD 2.269 Bn planned railway system linking the country to the …
Read More »MPs oppose compensation of Tororo-Gulu railway rehabilitation
Kampala, Uganda | THE INDEPENDENT | The Physical Infrastructure Committee has recommended that more than 4,000 People affected by the Tororo-Gulu Railway project should not be compensated. The MPs made the resolution on the project after considering the ministerial statement for the works and transport for financial year 2019/2020. In the …
Read More »Uganda welcomes Kenya land deal in Naivasha
Traders in Uganda were excited by the offer of land from President Uhuru Kenyatta to Uganda to build a dry port for its cargo in Naivasha, Kenya. Kampala, Uganda | THE INDEPENDENT | Kenyatta made the pledge during a three day state visit hosted for his Ugandan counterpart Yoweri Museveni …
Read More »Museveni to take Kenyan SGR train today
Mombasa, Kenya | THE INDEPENDENT | President Yoweri Museveni will be the first visiting head of state to take the Makadara Express train on the new Standard Gauge Railway from Mombasa to Nairobi in Kenya. This was confirmed yesterday after discussions on day two of a three-day state visit where Museveni and …
Read More »Delay in SGR Project good for Uganda, says economist
Kampala, Uganda | THE INDEPENDENT | Stanbic’s East African economist Jibran Qureishi has said the delays as Uganda bids to borrow from China to finance the Standard Gauge Railway (SGR) could be a blessing in disguise. Uganda needs about sh8 trillion to construct the SGR from Malaba to Kampala. The …
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