The News Today

UGANDA: $20 billion up for grabs Kampala, Uganda | HAGGAI MATSIKO | Ernest Rubondo, the Executive Director, Petroleum Authority of Uganda (PAU), is optimistic 2018 will be big for Uganda’s oil industry. “The sector will be felt in 2018,” he told The Independent in an interview at his offices at …

New expansions could lead to a drop in cement prices Kampala, Uganda | ISAAC KHISA | The good news for Uganda’s cement industry is that it is headed towards increase in production in the next few months. The challenge, however, is that it could lead to a decline in prices …

  President snubs IGG, DPP, and Financial Crimes Unit Kampala, Uganda | HAGGAI MATSIKO | Sub-Saharan Africa’s second biggest gold refinery, the Uganda-based African Gold Refinery (AGR) deals in big money – with its volumes of exports, according to informed sources, valued at over Shs. 2 trillion over the last …

Kampala, Uganda | GODFREY SSALI | The Makerere University administration has declined to issue a formal response until later to the report done by the Visitation Committee into the mismanagement of the institution. The Visitation Committee came up with several recomendations following the completion and hand over of the 355-page …

Kampala, Uganda | AFP & THE INDEPENDENT | President Yoweri Museveni has signed into law a bill removing presidential age limits, a spokesman said Tuesday, clearing the way for the 73-year-old’s expected sixth run at the Uganda presidency in 2021. The controversial constitutional amendment removes the age limit of 75 …

Key indicators remain largely unchanged Kampala, Uganda | JULIUS BUSINGE | 2017 appears to have been a good and bad year for Uganda’s economy even as key indicators remained largely unchanged. Bank of Uganda’s monetary policy tamed inflation to below the set target of around 5% as well as stabilised exchange rate …

Nairobi, Kenya | THE INDEPENDENT | The first commercial cargo train on the newly built Standard Gauge Railway (SGR) arrived in Nairobi on New Year’s Day with 104 containers, marking the start of major business on the route. The single cargo train carried 104 containers, which is almost equivalent to the …

Power generator cleared to hire new dam supervisor Kampala, Uganda | JULIUS BUSINGE | Power generator—Uganda Electricity Generation Company Limited (UEGCL)—is set to hire a new supervisor technically known as Owner’s Engineer (OE) for the 183MW Isimba hydro-power dam. This comes two months after the contract of Energy Infratech expired in …

So why might there be hunger tomorrow? Kampala, Uganda | RONALD MUSOKE | On April 14, this year, Betty Atyeno, a 30 year old pregnant mother from Atali village in Abako Sub-County, in the northern Uganda district of Alebtong lost her grip – up a mango tree. She plunged metres …

The foolishness & falsehoods Kampala, Uganda | FLAVIA NASSAKA | One of the enduring sights from the Dec.18 session of parliament to debate amending Article 102 (b) will be that of Allan Ssewanyana, placing his buttocks on the table of parliament and stretching his hand across to grab a report that …