By Julius Odeke With the continued amount of pressure from donors over the theft of over Shs20bn from the Office of the Prime Minister (OPM) World Bank is considering slashing aid to the Kampala government. “The World Bank Group is concerned about recent allegations of misuse of public funds in …
Read More »Parliamentarians urge increased funding for Lake Victoria
By Julius Odeke Members of the Parliamentary Committee on East African Community Affairs in the Republic of Uganda have promised to recommend increased Partner States financial contributions for the Lake Victoria Basin Commission (LVBC). The Parliamentarians, who were on a two-today visit to LVBC Secretariat in Kisumu, Kenya, were responding …
Read More »Uganda hosts over 400 mountain gorillas
By Chris Agwokotho Odubi The population of the gorillas in Bwindi Impenetrable National Park is at a minimum of 400 according to the current census by the Uganda Wild Life Authority, International Gorilla Conservation Program(IGCP), Institute for the Conservation of Nature (ICCN) in DRC and RDB in Rwanda. The results …
Read More »Uganda needs futuristic equitable Oil Laws
By Ronald Musoke Ugandans will only benefit from its oil and gas resources if the country’s Parliament comes up with a nationalistic oil and gas legal regime which is futuristic and inter-generational to ensure transparency and accountability. According to Arthur Benomugisha, the executive director of the Advocates Coalition on Development …
Read More »Sebutinde wins award as pioneer Ugandan at ICC
Kampala, Uganda | Joan Akello| Hon. Justice Julia Sebutinde at the dinner held in her honour won the Uganda Law Society Outstanding Award as the first Ugandan Judge at the International Court of Justice at the Hague on 19th Oct. Her speech was specifically delivered to female lawyers though even males …
Read More »Uganda eighth among African nations with high consumption potential
Kampala, Uganda | Ronald Musoke| A recent report by Rand Merchant Bank (RMB), a South African investment bank has ranked Uganda eighth among the best ten African nations with high consumption potential. The report entitled, “Where to Invest in Africa,” says when consumer-facing multinational companies such as super market chains and …
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 …
Read More »Uganda to get Climate Change Policy
Kampala, Uganda | Ronald Musoke| The Climate Change Unit in the Ministry of Water and Environment is in the process of initiating a national Climate Change Policy before the end of the year according to a top Ministry of Water and Environment official. The Climate Change Unit was created by the …
Read More »Kaberuka tips Uganda on oil
By Ronald Musoke The president of the African Development Bank, Donald Kaberuka, has advised Uganda to exploit her oil and natural gas resources in an optimal manner if the country is to avoid repeating the mistakes the first generation African oil and gas producers like Nigeria have made over …
Read More »International Financial Corporation to buy Umeme Shares.
By Jimmy Siya A day to the closure of the Umeme Initial Public Offer (IPO), the sale of shares, David Alderton the Corporate Development Manager announced the intentions of the International Financial Corporation to buy Umeme Shares. The corporate Advisor African Alliance Brokers, William Nyakatura says there has been a …
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