Kampala, Uganda | THE INDEPENDENT | Emerging Africa Infrastructure Fund (EAIF) and the Dutch Development Bank (FMO), will provide US $29.3 million to refinance the 13 MW Bugoye hydro-electric power station in Kasese, western Uganda. Bugoye has been generating electricity since 2008 and this power is being feed into the …
Read More »Manafwa NAADS officials jailed
Kampala, Uganda | GODFREY SSALI | Â Three NAADS officials from Manafwa District who caused a payment of 65.3m shs for supply of 100,000 coffee seedlings without following procurement laws, regulations and requirements have been sentenced to 5 years imprisonment each, if they fail to pay a total court fine of …
Read More »Fresh Dairy registers 60% growth export earnings
Kampala, Uganda | THE INDEPENDENT | Milk processing firm, Fresh Dairy, grew its export earnings by 60% to US$16million (Shs92.5bn) last year on the back of improved quality of products. Fresh Dairy’s Director of Milk Procurement ,John Gethi, said the company is working with over 80 farmers’ groups countrywide and …
Read More »Neymar pledges PSG trophy haul after world record transfer
Paris, France | AFP |Â Brazilian superstar Neymar has pledged to spark a trophy glut at Paris Saint Germain after agreeing a five-year deal on a world record 222 million euro ($264 million) transfer from Barcelona. The 25-year-old will earn a mind-boggling 30 million euros ($35.5 million) a year in Paris …
Read More »OTAFIIRE: I had no authority to give away Jinja government property
Kampala, Uganda |JULIUS BUSINGE |Â Justice and Constitutional Affairs Minister Gen. Kahinda Otafiire on Thursday appeared before the land commission of inquiry to defend his role in the illegal giveaway of government property in Jinja, Eastern Uganda. According to information available before the commission, Otafiire, who was in 2011 the Minister …
Read More »Remembering Sam
“Optimism is what brings us to Rotary. But Rotary is not a place for those who are only dreamers. It is a place for those with the ability, the capacity, and the compassion for fruitful service.” Kampala, Uganda |RYAN HYLAND & ABBY BREITSTEIN | Sam F. Owori, 1941-2017. The Rotary flags in front …
Read More »Japanese company completes Sadolin paints acquisition in East Africa
Kampala, Uganda | JULIUS BUSINGE |  Sadolin Paints Uganda Limited has been acquired by Kansai Plascon Africa Limited; a subsidiary of Japan based Kansai Paint Company, officials representing the two companies told journalists at the company’s US$10 million plant at Namanve Industrial Hub – outside Kampala city on Aug. 03. Officials …
Read More »Samuel Frobisher Owori (Sept.13, 1941—July 13, 2017)
Kampala, Uganda | RONALD MUSOKE | On July 13, Samuel Frobisher Owori, a distinguished professional Banker and Rotarian died from complications related to surgery in Dallas, Texas in the United States. Known simply to many of his friends as “Sam,” Owori was poised to become the first Ugandan and second African …
Read More »Russia says US sanctions ‘dangerous’ and ‘short-sighted’
Moscow, Russia | AFP |Â Russia’s foreign ministry said Wednesday that new US sanctions, signed into law by President Donald Trump, are a “dangerous” and “short-sighted” policy. In a statement, the ministry said the sanctions against Russia had put global stability at risk, a matter Moscow said it and the United …
Read More »Trump grudgingly signs Russia sanctions into law
Washington, United States | AFP |Â US President Donald Trump reluctantly signed off on new sanctions against Russia Wednesday, bowing to domestic pressure and putting efforts to improve ties with the Kremlin in peril. Trump signed the legislation behind closed doors, after failed White House efforts to scupper or water down …
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