Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank has outlined several initiatives aimed at encouraging foreign direct investment from Ugandans living abroad, while still improving the livelihoods of the people at home. Peace K. Ayebazibwe, the Executive Director of Housing Finance Bank shared the bank’s vision on Thursday at …
Read More »ON THE WAY: Oil rigs for Kingfisher oilfield
Beijing, China | THE INDEPENDENT | Key parts of a modern drilling rig customized by CNOOC International for Uganda’s Kingfisher oilfield, has left the port of Yantai in China for East Africa. The most advanced Chinese oil drilling equipment in the world was shipped to Uganda after a brief ceremony last …
Read More »DR Congo auctions 30 oil and gas blocks
The Democratic Republic of Congo is opening parts of the world’s second-biggest rainforest to drilling following its offer on July 28 of licensing rights for 27 oil and three gas blocks in the region. Initially, Kinshasa had planned to give away 16 oil blocks but it appears that with the …
Read More »Ultimate Guide to Self-Drive East Africa: Adventure through Uganda, Rwanda, Tanzania, Kenya
SPECIAL FEATURE | THE INDEPENDENT | The East African Community (EAC) is a regional intergovernmental organization of six partner states, the Republics of Burundi, Kenya, Rwanda, South Sudan and Democratic Republic of Congo. A traveler requires one tourist’s visa to explore all the wildlife and primates within the region except …
Read More »The EACOP and Tilenga are win-win projects
Cheick-Omar Diallo, the TotalEnergies Spokesperson for the Tilenga and EACOP projects accompanied a French contingent of journalists on tour of Uganda’s oilfields and project affected persons. The Independent’s Ronald Musoke was on the four day visit (July 16-19) and spoke to him about his impressions. Tell us about your visit …
Read More »Kenyatta launches grand Nairobi Expressway
Nairobi, Kenya | THE INDEPENDENT | President Uhuru Kenyatta on Sunday officially launched Kenya’s iconic Nairobi Expressway after months of successful public trial. The President also commissioned the revamped Nairobi Eastern Bypass which includes five new major vehicular crossings and six-lane dual carriageways at the busy sections of the road. …
Read More »Kabaka speaks out on coffee
Mengo, Uganda | THE INDEPENDENT | The Kabaka of Buganda has requested government through various avenues to help improve coffee production in the country. The Kabaka urged government to find means of shielding coffee farmers from extreme price fluctuations and to access capital to finance their efforts. He said he …
Read More »Uganda’s inflation rises to 7.9 pct in July
Kampala, Uganda | Xinhua | Uganda’s inflation rate for the year ending July has risen to 7.9 percent from 6.8 percent in the year ending June 2022, the country’s statistics agency said Friday. Uganda Bureau of Statistics attributed the increase to rising food crop prices and transport fare. During the …
Read More »UN aviation body ranks Kenya second best in airport security in Africa
Nairobi, Kenya | Xinhua | The International Civil Aviation Organization (ICAO) has ranked Kenya the second best in the continent in terms of airport security, the country’s civil aviation authority announced on Saturday. The Kenya Civil Aviation Authority (KCAA) said in a statement released in the Kenyan capital Nairobi that …
Read More »International Medical Group rebrands to C-Care
Kampala, Uganda | PATRICIA AKANKWATSA | International Medical Group is undergoing a name change and is being rebranded to “C-Care”. This announcement was made by Sukhmeet Sandhu, the CEO C-Care as they were officially opening the newly revamped C-Care IMC Jinja branch. During the event, Sandhu said that this is …
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