By The Independent Team On October 16th 2009, University of Oxford’s Prof. Paul Collier gave a talk at Serena Conference Centre in Kampala on the prospects of an oil windfall for Uganda. Below we produce a slightly edited version of his speech. Prof. Paul CollierA country’s competitiveness rest on two …
Read More »Tullow sells Uganda oil, expecting Shs 3 trillion
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 …
Read More »Uganda among worlds hunger prone countries
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. …
Read More »The beggar and Uganda’s independence balance sheet
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 …
Read More »Uganda’s oil refinery sparks rush among world producers
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 …
Read More »MTN pioneering brightens Uganda
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 …
Read More »Improved Uganda Fitch Ratings favour oil sector
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 …
Read More »WFP seeks to lift Uganda out of famine
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 …
Read More »Broadband for Uganda: The inside story
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 …
Read More »Tanzania port’s offer to Uganda spreads cold chills at Mombasa
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 …
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