Karuma, Isimba to cost extra Shs 1.8 trillion: An investigation by The Independent reveals how if Energy Ministry officials and those at Uganda Electricity Generation Company Ltd were properly supervising dam construction instead of bickering over control, they could have saved the country enough money to build another hydropower dam. …
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PHOTOGRAPHS: President Yoweri Museveni yesterday performed the groundbreaking ceremony for the construction of the China-Uganda Agricultural Industrial Park in Butuntumula, Katikamu North in Luwero district. The project investment is estimated at US$ 220million. The project once complete will help farmers increase their agricultural incomes through accessing improved seeds and advanced …
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Karuma, Isimba mess: President Museveni directed officials at the Energy Ministry to hand over implementation powers of the billion dollar Karuma and Isimba projects to power generator, UEGCL, in a bid save them but the officials remained adamant weeks later. Energy ministry officials defy Museveni on botched billion dollar project …
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Ten Ugandans will benefit from a Huawei Technologies programme that will boost the country’s telecom strategy and capacity to monitor ICT industry trends, newest technology and equipment. The Huawei Seeds for the Future training program will run from April 16th to 30th at the Huawei headquarters in Shenzhen China. The …
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Beijing, China | AFP Former top Chinese military leader Guo Boxiong has confessed to bribe-taking, the official Xinhua news agency reported Tuesday, citing military prosecutors who described the sums as “extremely huge”. Guo was for a decade one of the two vice chairmen of the Central Military Commission, second only …
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By Anatole Kaletsky Perceived inaccurate information is creating inaccurate expectations and changing reality to accord with them One question has dominated the International Monetary Fund’s annual meeting this year in Peru: Will China’s economic downturn trigger a new financial crisis just as the world is putting the last one to …
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By Andrew M. Mwenda The opportunities and risks China faces as it begins its transition from middle income status to a rich nation I spent the whole of last week in China literally flying from one city to another – sometimes covering two cities per day. The speed of change …
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By Andrew M. Mwenda East Africa has been billed as the next manufacturing hub for global markets. Will our politics allow it? The South Korean ambassador to Uganda, Park Jong Dae, recently referred me to an article by George Friedman in the online journal, Geopolitical Weekly titled The PC16: Identifying …
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By Simplice Asongu Overall, there is little hard evidence to support a negative view of China’s investments in Africa For many developing countries, foreign direct investment is viewed as something very positive. International companies can bring cash, skills, technology, and high ethical standards to a host country. But others do …
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By Enock Nyorekwa Twinoburyo Increased Chinalisation of Uganda is expensive and could boomerang Economic ties between China and Africa have grown steadily as reflected in the increasing aid to Africa in recent years. The latest official disclosure of China’s aid indicated that it had provided over US$7 billion to Africa; …
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The Independent Uganda: You get the Truth we Pay the Price