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Tag Archives: Uganda

Mega solar power project launched in Kabulasoke

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni has today commissioned the $24.5 million Kabulasoke Pilot Solar Power Park, the largest such venture in the region. Owned by a Ugandan based in Germany Dr. David Alobo, the solar project covers the Namulaba and Butiti villages, Kabulasoke sub county in …

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Oil discovery boosts hotel industry in Hoima

Kampala, Uganda | THE INDEPENDENT | An influx of businessmen and investors in oil related activities has pushed up the demand for accommodation in the Albertine Graben. The area is now attracting more investments from companies and individuals seeking to tap into the Oil and Gas industry. Investors from both within …

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UNBS starts investigations of Energy Drink

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has started investigations into how Natural Power SX Energy Drink ended up in one of the supermarkets in Kampala. The investigations followed a complaint from a consumer who developed an erection that lasted up to six hours after …

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ARTS: A dismal step so far taken

Who’s buying art in Uganda? Kampala, Uganda | DOMINIC MUWANGUZI | In 2011 former Germany Ambassador to Uganda, Klaus Houderbaum, showcased his private collection at the now defunct MishMash art gallery in Kololo, a Kampala suburb . His collection included diverse art paintings, wood-cut prints and sculptures from some of the …

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Economy to remain resilient

But risks to inflation including future direction of food crop prices, exchange rate prevail Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy is projected to grow faster this year subject to a number of fundamentals. These include; continued investment in public infrastructure which will in turn have positive spillovers on …

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I am ‘not dying’ to head COSASE – Katuntu

Kampala, Uganda | THE INDEPENDENT | Bugweri County Member of Parliament (MP) Abdu Katuntu has said that his team is willing to hand over the leadership of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE), as soon as his successor is announced by the Speaker. He made the statement …

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KCB auctions Rwanda’s Ubumwe Grande Hotel

Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …

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KASAIJA: Uganda’s debt remains sustainable

Kampala, Uganda | THE INDEPENDENT | Minister of Finance Matia Kasaija has said Uganda’s debt remains sustainable with nominal debt to GDP of 41.5%. He said the debt levels are comfortably below the international sustainability threshold of 50% debt to GDP ratio –  beyond which debt starts getting unsustainable – and …

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Ugandan win grants for Environmental Research

Kampala, Uganda | THE INDEPENDENT | Ketty Adoch, a Ugandan innovator in the Agriculture sector has been named among eleven innovators nominated for the Artificial Intelligence (AI) for Earth Innovation Awards. Adoch, a geographical information systems specialist in agriculture works towards monitoring change detection for Land Cover Mapping around the …

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