Tag Archives: Uganda

By Independent Team Amount is about half of Uganda’s national budget Tullow Oil Plc, the U.K. explorer with the most licences in Africa has appointed Standard Chartered Plc to sell up to half its stakes in two Ugandan oil fields, the Sunday Times of London has reported. Aidan Heavey, the …

By Mubatsi Asinja Habati In todays world with improved technology that enables breeding of improved and drought resistant seed varieties, there is no reason for anyone to go hungry. Yet more than 1.6 billion people worldwide are hunger stricken. And some 8 million Ugandans are at the verge of hunger. …

By Fred Guweddeko It is gloom for Uganda as the country marks its 47th Independence Anniversary. The ‘Independence Balance Sheet’, must show in the Assets Column value for the costs the people of Uganda have incurred since 1962. It must also show in the Liabilities Column, the real owners of …

By Independent Reporter President Yoweri Museveni’s Independence Day announcement that Uganda is to build a mini-refinery for its recent but substantial oil finds has sparked a rush among oil producing companies. Discussions on accelerating the management and institutional capacities of new oil discoveries and gas-producing economies were high on the …

By Independent Reporter MTN has demonstrated that innovative solutions can drive economic development even in the most under serviced areas. The company has pioneered many innovations in cellular and technological industries. Africa is the world’s fastest-growing mobile phone market with more than 40% of Africa’s population having access to a …

By Kayvan Farzaneh Growing interest in the oil sector has helped boost general confidence in Uganda’s wider economic prospects. The improved outlook rating could help Uganda access funds from international financial markets more cheaply. Last week, the international credit-ratings firm Fitch Ratings, for the first time, upgraded its opinion on …

By Roberts Katende In light of the endemic famine in Uganda and the need for sustainable solutions to the problem, the Deputy Director of World Food Programme in charge of Hunger, Sisulu Sheila visited Uganda last week. The Independent’s Roberts Katende talked to her about the new strategies. Below are …

By Joe Powell July 23, 2009, 159 years after the world’s first submarine cable was laid, will go down in history as the day East Africa became fully connected to the world’s digital super-highways. Seacom’s cable, 17,000km long and costing $650 million, is now officially ‘live’ with a capacity of …

By Patrick Kagenda The Kenya Ports Authority (KPA) is quickly learning that ‘customer is king’ is not an overrated clich. Uganda is Kenya’s top most trading partner in the region with 12.3% of all Kenyan manufactured goods heading to its westerly neighbor in 2008. According to the 2008 statistics from …

By Joe Powell Corruption continues to be endemic in Uganda with bribes either solicited or expected in a startling 35% of service interactions. The first ever East African Bribery index found that Uganda has the dubious honour of having the highest impact bribery in the region. This is measured by …