Tag Archives: Ronald Musoke

Business captains punch holes in Bank of Uganda projections Uganda’s economy is expected to pick up steam this year, boosted by public infrastructure spending and easing of the monetary policy to stimulate economic growth. At least that is the view of Bank of Uganda Governor Emmanuel Mutebile. Mutebile spewed his …

Setting up an oil refinery remains a big headache for the country’s oil and gas resources Optimism is the mood as the countdown to Uganda’s first oil continues and pressure mounts on the government to put in place critical infrastructure necessary for oil production in four years. “The government should …

Following the withdraw of the Russian-led consortium RT Global Resources, from the oil refinery construction in July, the government is looking for a new investor to partner in the project by mid-2017 This year marked a decade since the government announced the discovery of commercially viable oil and gas resources …

  The World Bank’s Board of Executive Directors met on Nov.22, discussed and upheld the decision to suspend the $265m Uganda Transport Sector Development Project (TSDP), a transport sector development initiative following an investigation carried out on one project (the Fort Portal-Kamwenge Road) by the Inspection Panel— the Bank’s internal …

Stephanie Rivoal, the new French Ambassador to Uganda presented her credentials to President Yoweri Museveni on Oct. 21. She later spoke to the press at her residence in Nakasero on Nov. 18 about France’s ties with Uganda. This is Rivoal’s first posting as a diplomat and, she says, it is …

Rate at which girls in the age bracket of 14-24 are getting infected alarming When it comes to the HIV/AIDS pandemic, Uganda is classified as a high burden country by UNAIDS, the international agency that is at the helm of mustering a joint response to the disease. High numbers of …

Tribute: Andrew Patrick Luwandagga When Uganda’s national football team, the Cranes, lined up against the Congo Republic’s Red Devils on Saturday, Nov. 12, in a World Cup Group E second round fixture at Mandela National Stadium, a well-known voice Ugandan football fans had grown accustomed to for decades, was conspicuously …

Better business climate Uganda’s ranking in the 2017 World Bank’s Ease of Doing Business has improved by seven places, a development that shows that ongoing business environment reforms being implemented by the government are starting to bear fruit. Uganda now ranks 115th out of the 190 assessed economies, which is …

Uganda, Russia reach understanding to harness huge Uranium deposits to produce thousands of mega watts from nuclear energy It’s now official; Uganda’s plan to develop nuclear as a source of electricity is on course. On Oct. 13, a Russian government delegation was in Uganda to meet President Yoweri Museveni.  The …

Artisanal miners make a killing from ‘illegal’ gold mining as district authorities, government cry out for more revenue From a distance, “Saigon City” in Lubaali— Kayonza, Kitumbi Sub-County in Mubende District, resembles a desperately crowded refugee camp. Here, hundreds of congested makeshift tents and lodging structures are mostly dressed or …