Singapore, Singapore | AFP | Oil prices fell further towards the $40 mark in Asia Friday, extending losses to a seventh-straight day on renewed worries about a global supply glut, increased production. The commodity has slipped nearly 20 percent since its 2016 peak above $50 in early June as …
Read More »Renewable energy boom in Africa, Uganda invests $134 million
Christine Lins is the Executive Secretary of Ren 21, a global renewable energy multi-stakeholder policy network. She spoke to Ian Katusiime about the prospects of renewable energy in Africa. Please break down for us what it means for the world now to have 147GW of renewable energy? Record renewable power …
Read More »UGANDA: Electricity generation and demand
Business-as-usual must be challenged if we are going to accelerate the turnaround of Uganda by 2020 COMMENT: By Harrison E. Mutikanga There is increasing debate within the public domain and in particular the energy sector on whether to continue investing in electricity generation facilities or shift focus to transmission and …
Read More »VIDEO: Museveni’s roadside call moment
NBS: When President Yoweri Museveni made a surprise stop Kyeirumba in Isingiro on Monday. He talked to residents and made phone call. Residents hailed him for the improvement on their main road and he discussed energy options for them, including solar. Share on:
Read More »Crisis meetings over Karuma, Isimba
The cost of the two hydro-power dams that the government is building at Karuma and Isimba could rise beyond control unless a recent directive by President Yoweri Museveni is implemented cautiously. Ministry of Energy Permanent Secretary (PS) Kabagambe Kaliisa issued the warning in reply to queries raised by Keith Muhakanizi, …
Read More »Uganda’s renewable energy investment gets world recognition
Uganda’s recent strong focus on improving her energy potential has been recognized, with the country now ranked third in Africa for providing the right environment to attract investment. Financial advisors Fieldstone Africa have categorized Uganda among “The Big Five” in Africa “where an investment of time and capital in a …
Read More »PHOTOGRAPHS: Uganda-South Korea sign cooperation pact
Uganda and South Korea have signed a Memorandum of Understating in 10 areas of interest to the two nations. This was after President Yoweri Museveni officially welcomed the President of South Korea Park Geun-hye for her first state visit to Uganda. The ten areas of cooperation are; policy consultation (foreign …
Read More »Netanyahu to minister: thanks but… no thanks?
Jerusalem, Undefined | AFP | Israeli Prime Minister Benjamin Netanyahu on Sunday chided a cabinet colleague who failed to give him public praise for pushing through a long-sought offshore gas deal. After ministers approved revisions to the agreement with a US-led consortium designed to overcome a court challenge, Energy Minister …
Read More »Karuma, Isimba to cost extra Shs 1.8 trillion
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. …
Read More »‘Level of preparedness in Uganda oil sector inadequate’
Chairman Uganda Chamber of Mines & Petroleum Elly Karuhanga has warned that the level of preparedness in the local oil sector is below par. “The level of preparedness is still low since only 25 firms were found eligible to supply the industry. Local suppliers aren’t equal to the task to …
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