Nairobi, Kenya | AFP | Tanzania on Wednesday awarded a $3-billion (2.64-billion-euro) contract to two Egyptian firms to build a hydro-electric dam in a renowned nature reserve. The 2,100-megawatt scheme will straddle the Rufiji River in the Selous Game Reserve, a 50,000-square-kilometre (19,000-square-mile) protected area which was designated a UNESCO …
Read More »Women entrepreneurship program plunges into funding crisis
Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Ministry is stuck with thousands of women groups seeking funding under the Uganda Women Entrepreneurship Program- UWEP. The program, in its third year of implementation continues to suffer consistent decline in budgetary allocations from Ministry of Finance, Planning and …
Read More »Luweero leaders concerned over local revenue loss
Kampala, Uganda | THE INDEPENDENT | Local leaders in Luweero district are worried of a likely drop in local revenue collection after sand and stones were declared minerals by Ministry of Energy and Mineral Development. Government approved a new mining policy, placing sand, murram, granites and stones under the mineral sector. …
Read More »Manufacturers raise red flag over digital tax stamps
Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers want Uganda Revenue Authority (URA) to explain what the DTS would achieve if a manufacturing sub-sector has no counterfeits. They want URA to show if the DTS will increase revenue collection and compliance considering that the formal manufacturers are already compliant, and show …
Read More »Uganda, Kenya trade volume on the rise says Kamuntu
Kampala, Uganda | THE INDEPENDENT | Tourism, Wildlife and Antiquities Minister, Professor Ephraim Kamuntu says trade between Kenya and Uganda is on the increase. He said the trade volume between the countries in the last two months totaled to USD 1.1 billion. Professor Kamuntu observed that the increased volume of trade …
Read More »Congolese militiamen confiscate more fishing gear from Ugandan fishermen
Kampala, Uganda | THE INDEPENDENT | Suspected Congolese militiamen have attacked Ugandan fishermen and robbed them of their boat engines and fishing gear in Hoima District. The militiamen struck around midnight on Tuesday near Fofo, Nana and Rwentali landing sites in Tonya parish in Buseruka Sub County. They robbed eight boat …
Read More »Vipers SC off for Algerian mission
Kampala, Uganda | THE INDEPENDENT | Vipers SC will face an up-hill task when they battle Algeria’s SC Constantine in the first round of the CAF Champions League at the Stade Mohamed Hamlaoui on Friday. The team without suspended skipper Taddeo Lwanga and Geoffrey Wasswa traveled this afternoon on an Emirates …
Read More »MPs summon price water coopers over Crane bank closure
Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions Statutory Authorities and State Enterprises (COSASE) has summoned auditors of Price Water Coopers (PWC) to explain how they came up with 239 billion shillings under capitalization of Crane Bank Limited. Price Water Coopers auditors were hired by Bank of Uganda to …
Read More »IPOD Summit: Museveni sits on Amuriat’s empty chair
Kampala, Uganda | THE INDEPENDENT | President, Yoweri Museveni briefly sat in the empty seat reserved for the Forum for Democratic Change-FDC party President, Patrick Oboi Amuriat at the ongoing Interparty Organization for Dialogue (IPOD) summit at Speke Resort, Munyonyo. Uganda’s largest opposition party snubbed the first historic IPOD summit backtracking …
Read More »Exhibitors decry low turn up at Jinja Agricultural show
Kampala, Uganda | THE INDEPENDENT | Exhibitors at the trade and cultural show have decried the low turn up of visitors. The show organised by the Uganda National Farmers Federation-UNFFE is focusing on showcasing the value-added agriculture products to the possible buyers, and also promoting agricultural tourism. Samuel Olobo, an exhibitor …
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