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Tag Archives: investors

Investors to construct Iron Ore plant in Rubanda

Rubanda, Uganda | THE INDEPENDENT  | Investors have started plans to construct a multi-billion iron ore smelting plant in Rubanda District. The factory which was a 2016 presidential pledge has remained unfulfilled up to date. In 2019, the Devki Group of Companies from India led by its chairman Raval Guru …

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Zimbabwe to grant citizenship to deserving investors

Harare, Zimbabwe | Xinhua | Friendly investors will be granted Zimbabwean citizenship as part of the government’s efforts to lure investment, a cabinet minister has said. “President Emmerson Mnangagwa is once again going to make history by making Zimbabwe one of the first African countries to offer a pathway to citizenship …

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Investors flee Karamoja as mining sites targeted

Moroto, Uganda | THE INDEPENDENT | Local governments in Karamoja districts are losing revenue accruing from the transportation of mineral transportation as miners withdraw from the fields citing the insecurity in the region. Karamoja region has experienced unrest for the past few months following the escalation of ambushes and raids …

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Museveni calls for more Turkish investments in Uganda

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on Turkish investors to get more involved in Uganda’s nascent mineral sector for it to realise its full potential. Museveni made the remarks while meeting Turkish investors led by the Turkish Ambassador to Uganda, Fikret Kerem Alp at State House …

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Fires destroy 1,400 acres of sugarcane in Lamwo

Gulu, Uganda | THE INDEPENDENT | Wildfires have destroyed more than 1,400 acres of sugarcane in Ayuu Alali parish in Palabek Kal Sub County in Lamwo district.  The Chairperson Ayuu Alali Sugarcane Outgrowers Cooperatives Society, Francis Ojwiya, says that the fire broke out from sugar plantations that had already been …

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