Wednesday , December 7 2022
Home / Tag Archives: Karuma

Tag Archives: Karuma

UEGCL records Shs92bn net profit in FY2020/21

Profitability included Shs71bn from foreign exchange gains on Isimba loans Kampala, Uganda | THE INDEPENDENT | “We yet congratulate ourselves upon the completion of another financial year in which despite the continued Covid-19 disruptions, we were able to make headway as a company,” Eng. Harrison Mutikanga said in his statement …

Read More »

Uganda gets Shs2.7bn from Sweden for solar energy

Uganda Electricity Generation Company Limited has secured Shs2.7bn grant from Sweden’s Swedfund to conduct feasibility studies for floating solar development in the country. | THE INDEPENDENT | UEGCL Chief Executive Officer, Harrison Mutikanga and the Sweden Ambassador to Uganda Maria Hakanson signed memorandum of understanding in Kampala on Oct.12. “The …

Read More »

Multi-billion Isimba and Karuma Hydropower Dams: How Chinese loan ‘spillovers’ are creating new growth opportunities

Ugandan government has in the past years faced harsh criticism over regular borrowings from China Import Export Bank to facilitate development of infrastructure projects including hydropower dams, roads and possibly soon the planned Standard Gauge Railway. But the Chinese loans have also had a fair share of positive aspects to …

Read More »

Three buried alive in Kiryandongo quarry

Gulu, Uganda | THE INDEPENDENT | Three people have died after they buried alive at a quarry in Kiryandongo District. The incident occurred on Saturday evening at about 5:00 pm at the hydropower station in Karuma Town Council from Kiryandongo District. The deceased has been identified as David Otingcwinywa aged …

Read More »

Uganda’s debt burden

 To borrow or not to borrow for infrastructure? Kampala, Uganda | IAN KATUSIIME | Julius Kapwepwe, the director of programmes at Uganda Debt Network, a debt monitoring NGO, Uganda’s national says, to control the country’s spiraling debt, the Ministry of Finance officials must ask themselves some questions every time they …

Read More »

Karuma tribal clash victims demand security protection

Kiryandongo, Uganda | THE INDEPENDENT | Victims of a tribal clash in Okwece cell in Karuma town council, Kiryandongo district are demanding for the establishment of an army detach in the disputed area. The area is located North West of Karuma town council where the nearest security installments are an army …

Read More »