Luwero, Uganda | THE INDPENDENT | The government has allocated land to investors from the United Arab Emirates to establish a pineapple juice processing plant in the Luwero district, Prime Minister Robinah Nabbanja has revealed. Hundreds of farmers in Luweero especially in Kikyusa, Kamira, and Bamunanika sub counties among others have …
Read More »Italian entrepreneurs offered investment opportunities in Uganda
Kampala, Uganda | THE INDEPENDENT | A group of 11 Italian investors from different sectors are in Uganda to seek for investment opportunities in relation to their fields of business. Nicola Schiavitta, the head of the Italian delegation of investors expressed their intentions to the prime minister, minister of works, …
Read More »Alupo directs ministry of energy to find investor for Kilembe mines
Kampala, Uganda | THE INDEPENDENT | The Vice President Retired Maj. Jessica Alupo has tasked the Ministry of Energy and Mineral Development to find an investor for Kilembe mines. Kilembe mines was a major source of revenue for Uganda in the 1960’s through 1970’s, but got a setback in 1977 when …
Read More »Kilembe mines needs more exploration
Kampala, Uganda | THE INDEPENDENT | The investor that will be awarded exploration license for Kilembe mines will be required to carry out new explorations to see if there are more reserves of copper that can be mined. Speaking at the closure of a two-day mineral wealth conference in Kampala on …
Read More »Gov’t offers to pay UTL liabilities to attract new investor
Kampala, Uganda | THE INDEPENDENT | Government has offered to waive all the liabilities held by Uganda Telecom Limited (UTL), as one of the attempts to attract a buyer for the company. This is according to two people, who are familiar with the search. This means that the government …
Read More »THIS WEEK: Government courts Indian investor for Kilembe mines
THIS WEEK: Government courts Indian investor for Kilembe mines Kampala, Uganda | THE INDEPENDENT | When Prime Minister Ruhakana Rugunda toured the Kilembe mines in Kasese with Uganda’s Honorary Consul to Mumbai Madhusudan Agrawal on Nov 18, it was a sign of progress for how far the government is willing to …
Read More »PTA Shs 40bn bond tests investor appetite
By Patrick Kagenda The Eastern and Southern African Trade Development Bank (PTA Bank) announcement this month that it had raised Shs 8.5 billion of its Shs 40 billion corporate bond has focused fresh attention on Uganda’s capital market. At the launch of the Shs 8.5 bond on the Uganda Securities …
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