Kampala, Uganda | THE INDEPENDENT | The land registry has presented documents showing how the family of Daudi Chwa II, the 34th King of Buganda lost their royal estate. The documents brought from the Land registry by by acting Commissioner land registration Robert Opiyo indicate that the land was sold twice …
Read More »France boosts Uganda’s power sector
By Julius Businge France and the government of Uganda have signed a concessionary loan agreement totaling to about $23m to finance the construction of the Nkenda-Fort Portal-Hoima transmission line to evacuate electricity from the proposed thermal power plant at Mputa oil field in Hoima. The 220 kV line is also …
Read More »Umeme to take Pre-paid Metres nationwide
By Ronald Musoke Maria Kiwanuka, the finance minister has said she expects all electricity users in Uganda to have pre-paid metres within two years as a new measure to check power theft. While speaking to members of the private sector at a post-budget analysis luncheon on June 14, Kiwanuka noted …
Read More »Bank of Uganda in Diaspora Bond move
By Ronald Musoke In a move that perhaps recognizes the economic clout that Ugandans living and working abroad hold in Uganda’s economy today, Bank of Uganda together with the United Nations Development Programme (UNDP) recently initiated a feasibility study to find out if they (Ugandans) are willing to invest in …
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