By Agather Atuhaire & Joan Akella US$ 2 billion project starts with no signed contract? Will electricity finally get cheaper when the 600MW Karuma Hydropower Dam is completed sometime in 2018?Possibly not. But a lot depends on outcome of a meeting that took place in China on Sept.27 between a …
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By Joan Akello After delays over jitters of bribery amongst bidders and ministry of energy officials, government has contracted Sinohydro Corporation, a Chinese firm to construct the 600MW Karuma dam. It is estimated the project will cost $1.65 billion (about Shs 4.2 trillion) to develop the dam and a transmission …
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By Joan Akello `We will punish you’ Energy officials accused of eating bribes In the March issue of the international business magazine, Forbes, the billionaire Sudhir Ruparelia is asked in an interview what he thinks is the biggest weakness of the Uganda economy. Sudhir answers: “The left doesn’t know what …
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The Independent Uganda: You get the Truth we Pay the Price