Security hampers 10-year African governance growth London, United Kingdom | AFP | Governance in Africa has gradually improved over the past 10 years but has been held back by deteriorating security and the rule of law, an annual index tracking development showed Monday. Some 70 percent of African citizens now …
Read More »IMF: ‘Brain drain’ hits sub-Saharan Africa
Johannesburg, South Africa | AFP | Skilled workers are leaving sub-Saharan Africa in rapidly increasingly numbers, producing a “brain drain” that causes long-term social damage, the International Monetary Fund warned Tuesday. The IMF said that the number of sub-Saharan migrants living in developed countries could increase from about seven million …
Read More »Uganda one of 10 countries hosting half world’s refugees
London, United Kingdom | AFP | Ten countries accounting for 2.5 percent of world GDP are hosting more than half the world’s refugees, Amnesty International said Tuesday as it slammed what it called the selfishness of wealthy nations. In a report on the plight faced by the world’s 21 million …
Read More »Who owns Uganda’s new oil exploration firms?
On Aug. 01, 2016, the Ministry of Energy and Mineral Development announced the completion of evaluation of seven bids for the first competitive licensing round and invited four of them to negotiate for Production Sharing Agreements (PSAs). The government will eventually issue five exploration licenses upon successful completion of the …
Read More »Hima Cement pins growth on $40m new Tororo plant
Lafarge Africa hopes to boost its market share in Uganda’s cement market through its subsidiary Hima Cement Ltd’s new plant in the country’s eastern region. The $40million plant, set to be constructed at Nyakesi in Rubongi in Tororo, is expected to increase the firm’s cement production capacity to 1.8million metric …
Read More »MUSEVENI: URA can lead Uganda to middle income status
President Yoweri Museveni has described the Uganda Revenue Authority (URA) as one of the successes of the National Resistance Movement government. “You are among the greatest heroes of this nation,” said Museveni, in a speech read for him by the Prime Minister Ruhakana Rugunda at the climax of URA’s Silver Jubilee celebrations …
Read More »Uganda’s rich and the rest
Special Report on the future of poverty in Uganda Ugandans often jokingly say people from western Uganda “are eating” to mean that they are economically prospering. It is also often a jibe at westerners because they are the “ruling clan” since President Yoweri Museveni hails from western Uganda. So when …
Read More »PICTORIAL: Kampala City Festival 2016 reaches new high
PICTORIAL: Another Kampala City Festival, another year to remember! Kampala Capital City Authority on Sunday pulled off another great show as Kampalans, in record numbers, celebrated their culture, innovation, unity and social life. Today confirmed the Kampala show as the biggest street party in East Africa. As KCCA said pre-event, “With Kampala in a constant …
Read More »Surge in renewable energy investment in East Africa
Renewable electricity made up 65% of the East African region’s total installed, grid connected power generating capacity in 2015, a new report has revealed. This is significantly higher than other parts of sub-Saharan Africa where currently it stands at 28.6% and 23.5% in the ECOWAS and SADC regions respectively. Renewable Energy Policy Network …
Read More »Pension scam assessors ask court to acquit Lwamafa, Obey
The assessors in the corruption case against three jailed former officials of Ministry of Public Service accused of irregularly budgeting sh88 billion for NSSF and paying it to ghost pension pensioners, have advised the Anti-Corruption Court to find them innocent and acquit them of all charges. The accused, then Permanent …
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