Local industrialists asked to bridge Shs 300bn annual financing gap Kampala, Uganda | RONALD MUSOKE | Conservationists and industrialists rarely agree on matters regarding environmental conservation but in two rare meetings held in Kampala over breakfast, they both concurred on the need to work together to save the country’s fast …
Read More »Rwanda ‘opens’ Katuna border post
Kabale, Uganda | THE INDEPENDENT | The Uganda-Rwanda border at Katuna has been opened to allow movement of heavy trucks, in what Rwanda says will be to try its one-stop-border infrastructure. In a statement issued last night, Rwanda Revenue Authority (RRA) said the area will only be open from today …
Read More »Medical marijuana’s high side
And why it shouldn’t be covered in smoke of secrecy Kampala, Uganda | PATRICIA AKANKWATSA | Since the government started awarding licences to private companies that are seeking to venture into growing marijuana legally, many users of the drug for recreation have become bolder and convinced about its `goodness’. 28 …
Read More »Museveni won’t print 2021 elections money
‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …
Read More »MUSEVENI: Uganda’s per capital income up
Kampala, Uganda | THE INDEPENDENT | Uganda’s Gross Domestic Product (GDP) per capita is now equivalent to $800, President Yoweri Museveni stated in his State of the Nation Address this afternoon. Uganda’s Gross Domestic Product per capita was last recorded at $666.61 in 2017. It averaged 439.43 USD from 1982 …
Read More »Oranto Petroleum completes seismic survey over Ngassa Block
Government expects petroleum firm to expedite data processing and interpretation Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A seismic survey is a technique …
Read More »Cipla hints on potential acquisition
As its profit after tax drop more than seven times to Shs 6.8bn in 2018 Kampala, Uganda | ISAAC KHISA | The Kampala-based pharmaceutical firm, Cipla Quality Chemical Industries Ltd has hinted on a move to acquire a small company to boost its business growth. This comes at a time …
Read More »Uganda Clays revenue hit Shs30bn in 2018
Company’s executive describes the year as good, reveals plan to cut costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited has recorded an increase in total revenue from Shs27bn in 2017 to Shs30bn in 2018, according to its financial statements released on May 20. George Ihnolo, …
Read More »Fight against kaveera lights up Martyrs Day
Until May 10, Martyrs Day 2019 at Namugongo looked set to be quieter than usual. But on that day, the church made an announcement that created the biggest buzz ever around the annual June 03 celebrations. Kampala, Uganda | RONALD MUSOKE | The Chairman of the Episcopal Conference, Bishop Joseph …
Read More »Janet Museveni power analysed
JANET: Her political role & strategy Kampala, Uganda | The Independent | A new study on the role played by the wives of heads of state in Africa has ranked Uganda’s Janet Museveni among the top three influential First Ladies. The study was released on an online journal: theconversation.com on …
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