The Chairman of Uganda Tourism Association, Amos Wekesa has urged Uganda to take the country’s tourism sector more seriously because tourism is capable contributing heavily to Uganda’s economic growth. While speaking to participants in the Traditional Trade Facilitation expo 2010 organised by the Private Sector Foundation, Wekesa said Uganda has great bio diversity and other […]
By Lorenzo Cotula Two years since the media spotlight turned on the so-called ‘land grab’ – whereby agribusiness, investment funds and government agencies acquire farmland in Africa, Latin America and Asia – the debate rages on. And rightly so. Private sector expectations of higher food and commodity prices and government concerns about longer-term food and […]
Call for Entries The Uganda Communications Commission, as the regulator of the communications sector seeks to recognise stakeholders within the industry, who have over a defined period of time, delivered innovative communication services to the market. This will be done through the Annual Communications Innovation Award Initiative (ACIA). The ACIA will target stakeholders who form […]
Tullow Oil plc has announced that its subsidiary, Tullow Uganda Limited has finalized the acquisition of Heritage Oil and Gas interests in Uganda. Tullow oil said in a statement Tuesday that they have completed the US$1.35 billion (about 2.8trillion Uganda shillings) acquisition of a 50% interest in Blocks 1 and 3A in Uganda from Heritage […]
Muslims in Uganda have urged the government of Uganda to start women only bank branches in different parts of the country in a bid to promote Islamic culture in the country. The Mufti of Uganda, Sheikh Shaban Mubajje says countries like Iran, Afghanistan, and Lebanon among others have women only banks. He says such banks […]
Charger bicycles which allow riders to charge their batteries as they ride have excited Ugandans. Nokia launched the bicycles in Nairobi Kenya in June. Many Ugandans have no access to phones during day time because they don’t have sources of power to recharge their phones. The people Ultimate Media have interviewed in different parts of […]
The Bank of Uganda, Uganda Investment Authority and Uganda Bureau of Statistics are initiating the Private Sector Investment Survey 2010 that is set to begin on July 30. The aim of the survey is to collect data that will be used to compile Uganda’s foreign capital inflows and stock statistics. According to a media statement, the coordinators say they hope […]
The Bank of Uganda has announced today that centenary Bank limited was the best performing primary dealer in Uganda government securities during the month of June 2010. Previous winners for primary dealers in Uganda government securities since January 2009 are Barclays Bank Uganda Limited (4 times), Standard Chartered Bank Uganda Limited (7 times), Stanbic Bank […]
The President of Libya, Col. Muammar Gaddaffi has pledged to support Uganda to drill her oil, develop infrastructure, provide good health care and improve education. Gaddaffi is among over 40 African heads of state attending an African Union Summit in Kampala. The conference is running mainly on combating terrorism, corruption, dictatorship, promoting gender equality, creating […]
The Single Pump Owner’s and Operator’s Association wants Parliament to amend the Petroleum Supply Act 2003 so that it can allow the legal recognition of small investors in the fuel business. The law in its current form does not recognize the small scale fuel investors. The Public Relations Officer of the Association Ashraf Kayiwa has […]