Former Energy Minister Daudi Migereko takes over as chairman of the Uganda Railways Corp. board, facing the challenge of reviving a national asset plagued by decades of decay and land grabbing.KAMPALA, Uganda — Former Energy Minister Daudi Migereko has taken over as chairman of the Ugand
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha
Uganda has taken a major step forward in advancing its Standard Gauge Railway (SGR) project, with General Muhoozi Kainerugaba, Chief of Defence Forces and Senior Presidential Advisor for Special Operations, meeting leaders of the Turkish construction firm Yapı Merkezi to review the first phase o
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Kampala Central Member of Parliament aspirant Abraham Luzzi has commended the Katikkiro of Buganda, Owek. Charles Peter Mayiga, for steering the completion of the long and complex restoration of the Kasubi Tombs, one of Uganda’s most significant cultural heritage sites.The Kasubi Tombs,
Anselm Kyaligonza joined by the community during the launch of the deep borehole at Kiruli-Kibura in Kigumba sub countyKiryandongo, Uganda: Kiryandongo District authorities have launched the drilling of deep boreholes and construction of production wells worth Shs477.5 million as part of a
Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve
In an unprecedented turn of events that has left Kyotera buzzing, President Yoweri Museveni has lavished praise on two of the National Resistance Movement’s (NRM) most powerful figures—Haruna Kasolo and Patrick Kintu Kisekulo—who, despite their bitter rivalry, have united in a groundbreakin
Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co
