Tag Archives: investments

Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has recommended the halting of new investments by energy distributor, Umeme ahead of the expiry of its 25year concession in 2025. The Minister of State for Energy, Sidronius Okaasai Opolot said this during a meeting with members of the …

Kampala, Uganda | THE INDEPENDENT | Uganda is expected to attract investments worth 3 billion dollars (10.6 trillion shillings) this year in the oil and gas sector alone as developments towards production in 2025 proceed. According to the Petroleum Authority of Uganda, PAU, investments in the sector were worth 500 million …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has no plans to review its investment structure even when there are some companies whose shares are not doing well on the stock market. Some stocks across East Africa’s stock market have lost value since their initial public offer and …

Kampala, Uganda | THE INDEPENDENT | The recovery of the Ugandan economy to the desired levels will depend on many factors, most of them beyond the country’s control according to experts and the private sector. These factors include the rebound in the export sector, the developments in oil sector, the universal …

Kampala, Uganda | Julius Businge | As the government continues to put much emphasis on investing in big infrastructure ventures, some members of the public have raised concerns about transparency right from procurement up to completion of projects. But a new report, the 4th of this nature, published on Feb.12 by …

Kampala, Uganda | THE INDEPENDENT | The financial sector forecast is that the full effect of the Covid-19 pandemic will be realized in the next two years when investments and projects that were started earlier were supposed to have started yielding returns. The real bad effect of the pandemic has not …

  Nairobi, Kenya | Xinhua | The East African Community (EAC) is losing revenue due to low investments in value addition of horticulture and leather produced in the region, says a report released on Thursday. According to the report by East African Business Council (EABC), a private business lobby of …

United Nations | XINHUA | A United Nations report launched Wednesday said that digital finance has become a lifeline during the crisis caused by the COVID-19 pandemic. “The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in providing …

Nairobi, Kenya | XINHUA | Stronger China-Africa ties are key to the post-COVID-19 economic recovery of the African continent, a Kenyan scholar said on Sunday. Peter Kagwanja CEO, Africa Policy Institute, a regional think tank, said in a commentary published in the Sunday Nation that as the global COVID-19 crisis …

Moscow, Russia | XINHUA | Russian President Vladimir Putin signed a decree on Tuesday instructing the government to implement a set of national development goals by 2030. The decree published by the Kremlin said the country aims to achieve breakthrough developments, increase its population and raise living standards. Other goals include …