Attacks on security installations, poverty, transition politics mark 2016 2016 might easily go down as one of the most challenging years in recent times for President Yoweri Museveni. The year recorded the highest number of attacks on security installations in the west, north, and central and saw growing sympathy for …
Read More »Uganda secures US $95.3million for Muzizi Hydropower Project
The planned construction of Muzizi Hydro power Project is soon taking off following an agreement signed between the government of Uganda and funding partners; German development bank (KfW) and French Development Agency (AFD). KfW will provide a concessional loan of € 40 million (US$42.4million) and a grant of € 5 …
Read More »Business opportunities through government tenders
African companies to bid for contracts around the world Public procurement is fast becoming big business in Africa. It accounts for almost a third of the gross domestic product (GDP) in poor countries and up to 15% in developed countries, writes David Hamam In some countries, the share of public …
Read More »ANALYSIS: ‘You destroyed economy’
Experts tell Museveni, Mutebile, Muhakanizi President Yoweri Museveni’s unchecked spending and the Ministry of Finance and Bank of Uganda efforts to clean have created a lope-sided economy that is hurting everyone. That is the view of several economists interviewed by The Independent. Dr. Lawrence Bategeka, formerly a researcher at the …
Read More »Why Kasaija, Anite differ on UEGCL top job?
Matia Kasaija, the minister for Finance and Evelyn Anite, the minister of State for Privatisation and Investment are locked in disagreement over the appointment of the Chairperson of Uganda Electricity Generation Board (UEGCL). Kasaija appointed Frank Katusiime to the post on Nov 9 but Anite preferred Eng. Proscovia Njuki and …
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