Saturday 19 August 2017
(New Vision 06/07/13)
Uganda is to become a middle income by 2017 and a first world country in 50 years. President Yoweri Museveni said those who still perceive Ugandan as a third world country are "an endangered species". "If you don't want to be in such a good country then you should go away," Museveni teased MPs, during Thursday's State of Nation address. Reflecting on Uganda's Vision 2040 which aims at transforming Uganda from a predominantly peasant and low income country to a competitive upper middle income country with per capita income of about US$9,500 by 2040 from the current US$506, Museveni observed that with the highly skilled human resource, Uganda there was no way this vision could be missed. On the long...
(Redpepper 06/07/13)
The Ministry of Trade, Industry and Cooperatives has re-introduced the Pre-Export verification guidelines to deal with the explosion of products on the market which do not conform to standards. The Ministry of Trade, Industry and Cooperatives has re-introduced the Pre-Export verification guidelines to deal with the explosion of products on the market which do not conform to standards. The Pre-Export Verification of Conformity to Standards (PVOC) is to be handled under the Uganda National Bureau of Standards (UNBS). Speaking to journalists on Friday, Trade Minister Amelia Kyambadde said the pre-verification guidelines take effect immediately, and goods will be subjected to a prior inspection from country of origin before being allowed to the Ugandan market. PVOC was suspended in June 2012...
(Redpepper 06/07/13)
Speaking at the Economic Policy Research Centre Forum today, Musoke provides a comparison of Ethiopia, a recent entrant in the flower sector that now has over 1000 hectares of flower gardens compared to 250 hectares in Uganda. Uganda has not had new investors in the Flower Industry for the last eight years.Juliet Musoke, the chairperson Uganda Flower Exporters Association, attributes the problem to lack of government recognition and specific development support to the sector. Speaking at the Economic Policy Research Centre Forum today, Musoke provides a comparison of Ethiopia, a recent entrant in the flower sector that now has over 1000 hectares of flower gardens compared to 250 hectares in Uganda. This is because the Ethiopian government intervened with incentives...
(Reuters (Eng) 06/07/13)
LONDON — Case numbers in Africa's meningitis season this year were the lowest in 10 years thanks to a cheap new vaccine designed to treat a type of the disease common in the so-called meningitis belt, the World Health Organization said on Thursday. The vaccine, called MenAfriVac, was developed with funding from the Bill & Melinda Gates Foundation specifically for use against meningitis A, a type which causes regular epidemics in Africa. Detailing data for Jan. 1 to May 12, the United Nations health agency said that just under 9,250 meningitis cases, including 857 deaths, were reported in 18 of the 19 African countries under enhanced surveillance for meningitis. Epidemics of meningitis A occur regularly in Africa's “meningitis belt”, a...
(New Vision 06/07/13)
Poor infrastructure, common technology, inadequacy of energy supply, luck of affordability, and availability of accessible serviced land for developers, are characteristics that keep Uganda in line with the world’s poorest countries. These innumerable impediments affecting different sectors are clear for everyone to see; and while donor funding has time after time attempted to offer salvation, its usefulness has in equal measure been dragged in the mud, on account of weak governance and corruption. Sectors such as transport, energy, water and sanitation plus agriculture have thus been left dented. These are some of the key sectors support from the African Development Bank addresses. Dr. Jason Mochache, Chief Education Specialist and Architect, says the Africa Development Bank Union in Uganda has over...
(New Vision 06/07/13)
A court in Kasese has sentenced a Congolese national to six-month imprisonment over illegal entry into Uganda. Kasese Grade One Magistrate, George Mfitundinda, handed Malikani Bwambale a jail sentence on June 4, 2013 after he pleaded guilty to the charges. Bwambale hails from Kyabinyonge near Beni town in the Democratic Republic of Congo. Bwambale was also jointly charged with three Ugandans; Hussein Kombi Kasyakulhu, Pedson Saturday and Harriet Muhindo of Musyenene with two counts of being in possession of an illegal gun and keeping ammunitions without permission. They however denied the charges. Prosecution told court that told court that in March this year, Bwambale was arrested together with the three Ugandans at the Mpondwe boarder in Kasese over illegal use...
(Redpepper 06/07/13)
The Ambassador of Netherlands Alphons Hennekens has said that the press has a responsibility to address issues that affect their community on-going in government and other circles. He noted that Ugandan’s government is governing because it has the majority number in parliament but this does not necessarily mean that it is automatically right. Alphons said that there should be alternatives saying that a healthy press and opposition are important because it is clearly indicated in the Constitution of Uganda. He however cautioned that freedom of the press does not mean absolute freedom and urged the press to report accurately and responsibly for its freedom to be guaranteed and upheld. He revealed that they are having discussions with the government in...
(Bloomberg 06/06/13)
Uganda, the East African country seeking to pump its first oil, drew up plans for a national energy company to control as much as a fifth of crude output. The company will start operating after the president names the board and the directors are approved by parliament, the Energy Ministry’s Petroleum Exploration and Production Department said in an e-mail. Uganda is putting in place a state oil company as foreign producers develop fields estimated to hold 3.5 billion barrels of crude. Tullow Oil Plc (TLW), which found commercial deposits in the country in 2006, has said it plans to start “small-scale” output next year. London-based Tullow is working with China National Offshore Oil Corp. and France’s Total SA. “Production-sharing agreements...
(New Vision 06/06/13)
President Yoweri Museveni has endorsed Russian road constructors to open shop in Uganda. New Vision has learnt that Museveni held brief discussions with some Russian delegation during a recent African Union summit in Addis Ababa, Ethiopia. The move is aimed at improving Uganda’s poor road network, which is often characterized by shoddy works and potholes. Andrey Kozenyashev, the head of the external relations for Giprodorni, a Moscow based Road construction Company, confirmed the development. “We are prepared to bring new technologies and quality to Uganda so that the roads can stand for decades,” he told New Vision in an interview. He noted that Uganda had the advantage of a good climate. “In Russia or other western countries, we have a...
(The Guardian 06/06/13)
Precious metal boom gathers pace in Uganda's poorest and most marginalised region but some fear locals will not benefit. The sun is already beating down at 7.30am as Lotyang Sagal stands next to a deep dark hole at the foothills of the Moroto mountains, ready to dig for gold. Sagal, wearing a green top hat with an orange band, is eager to get started. Like human moles, he and his companion, have been working these holes for the past three years. And they are not alone. The area around them is pockmarked with small mounds of earth. Until a few years ago Sagal was a cattle herder, like most semi-nomadic Karamojong people. But now he has joined the gold rush...
(New Vision 06/06/13)
Uganda cut its key lending rate for the first time in six months on Thursday, with the central bank citing easing inflationary pressures, weaker-than-thought household consumption and a stronger-than-expected local currency. Governor Emmanuel Tumusiime-Mutebile said the bank's Monetary Policy Committee was cutting the Central Bank Rate (CBR) by 100 basis points to 11 percent. This, he said, should be a signal to commercial banks to cut their rates. "Given the improvement in the inflation forecast and the need to further stimulate domestic demand to support the economy in 2013/14, the Bank of Uganda will reduce the CBR by 1 percentage point to 11 percent," Tumusiime-Mutebile told reporters. Core inflation, the governor said, would stabilise around the bank's medium term target...
(In2 East Africa 06/06/13)
The Government will develop a framework to train local people to engage in community tourism, Maria Mutagamba, the minister of tourism, wildlife and antiquities has said. “We would like to develop the capacity of our people to start using what they have locally to attract tourists,” she said. The Minister said this recently during a meeting with Maria Baryamujura, the 2013 winner of the prestigious African Diaspora World Tourism Award and a leading consultant on community tourism. At the meeting which took place in the Minister’s office at Famer’s house on Parliament Avenue, on Wednesday, Baryamujura presented Mutagamba with the certificate she received in recognition for her outstanding work. She also shared useful tips on community tourism. “We have got...
(Daily Monitor 06/06/13)
Dr Asuman Lukwago, the permanent secretary in the Ministry of Health Ministry is expected to appear before the Anti Corruption Court, tomorrow, to answer charges that link him to the alleged theft of over Shs1 billion from Global Fund. On May 28, the court’s Chief Magistrate, Ms Irene Akankwasa issued a warrant of arrest directing police to arrest Dr Lukwago for snubbing previous summons. Once he voluntarily fails to appear in court tomorrow, Dr Lukwago risks being arrested and produced in the Kololo-based court. Dr Lukwago allegedly conspired with three people to steal the said money from the ministry's Global Fund Project. The offense allegedly happened between November and December last year. He is jointly charged with Mr Ponziano Nyeko,...
(Business Daily 06/06/13)
Japan hosted the fifth meeting of TICAD, the Tokyo International Cooperation on African Development this week. The meeting is a reminder that, while the rest of the world obsesses over Europe’s economic travails, America’s political paralysis and growth slowdown in China and other emerging markets, there remains a region — sub-Saharan Africa — where poverty is almost the rule, not the exception. From 1990 to 2010, the number of people living in poverty ($1.25 per day) across sub-Sahara Africa rose from less than 300 million to nearly 425 million, while the number living on less than $2 a day grew from about 390 million to almost 600 million. Still, the proportion of those living in poverty declined from 57 per...
(Daily Monitor 06/06/13)
Six Stanbic Bank staff were yesterday charged with causing loss of Shs298 million meant for pensioners. The money in question, that was irregularly withdrawn, was meant for about 34 pensioners. The suspects, who appeared before the Anti-Corruption Court include Mr Denis Mpanga, 31, the manager of Stanbic Bank Kikubo branch in Kampala, Ms Aisha Nalumansi Mubiru, 30, a supervisor at the same branch, Mr Robert Muhoozi, 46, the manager at Mpigi branch, Mr Fred Mulindwa, 45, a banker, Mr Bright Twinamasiko, 28, teller at Cooperate branch in Kampala and Ms Hanifah Nakanjako, 34, a manager. The seventh suspect, Mr Molisto Abaine, a former cashier, did not appear in court for plea taking, prompting court to issue warrant of arrest for...
(In2 East Africa 06/06/13)
President Yoweri Museveni is set to deliver the State of the Nation address to Parliament later in the afternoon at Kampala Serena Hotel. Under Article 101 (1) of the Constitution of the Republic of Uganda, the President is mandated, at the beginning of each Session of Parliament, to deliver to Parliament an address on the State of the Nation. The State of the Nation address precedes the presentation of the national budget. Finance minister, Maria Kiwanuka will Thursday next week present the budget for 2013/14 financial year. The President is expected to outline his government’s priorities over the next financial year. New Vision Online will keep you posted on the developments of this year’s address. By Henry Sekanjako, The New Vision
(The Observer 06/05/13)
Pet Oil, a Turkish independent petroleum exploration and development company, has officially joined the long list of companies interested in Uganda’s petroleum industry. The firm has already registered a Ugandan subsidiary, Pet Oil Uganda Limited, in preparation for the next round of licensing. Pet Oil Uganda has established a contact office, hired Makanga Munonya as its publicist, and named Chris Mubiru of Kalenge, Bwanika, Ssawa and Company Advocates the legal advisors. Dr M Ali Ak, the general manager of Pet Oil, told journalists at Serena hotel last week that the company was eagerly waiting for government to lift a moratorium on licensing. “We are making ourselves ready for the next round of competitive bidding. We have been reading through the...
(Redpepper 06/05/13)
While making the announcement, Minister of State for Investment Ajedra Gabriel said the 74 entities were issued up to 184 hectares of land but have never taken any action beyond acknowledging the offers. The Government through the Ministry of Finance, Planning and Economic Development has announced Tuesday that it will revert 184 hectares of land which was allocated to investors, but never developed in the last three years to Uganda Investment Authority. The land is part of 1066 hectares which was in 2009 placed up for bids, in the process of developing the Kampala Business Industrial Park (KIPB) located in Namanve along Kampala Jinja highway. While making the announcement, Minister of State for Investment Ajedra Gabriel said the 74 entities...
(Redpepper 06/05/13)
President Yoweri Museveni has tasked members of the East Africa Legislative Assembly-EALA to champion the sensitization of East African citizens on the integration process. According to Museveni, many people in the region are ignorant about the objectives and benefits of forming the East African Community, which has slowed down its integration. Museveni made the observation during his State of the EAC Address in a special sitting of the East African Legislative Assembly in Kampala on Wednesday. He tasked the EALA MPs to use their mandate in the East African Community Treaty to preach economic and political integration. Museveni also called upon EAC member states to participate in the full implementation of the treaty by removing non tariff barriers saying much...
(24 Tanzania 06/05/13)
The president of the Uganda National Chamber of Commerce and Industry, Olive Kigongo, has been elected vice-chairperson of the East African Business Council (EABC).Olive Kigongo is the head of the Uganda National Chamber of Commerce. Olive Kigongo is the head of the Uganda National Chamber of Commerce .She was elected during the 14th Annual General Meeting of the EABC in Arusha, Tanzania over the weekend. Vimal Shah from Kenya was elected chairperson for the next one year, taking over from former finance minister Gerald Ssendaula. The EABC is the apex body of business associations of the private sector and corporates from the EAC member states. The council was established to foster and promote the interests of the EAC business community,...

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