Browsing: National News

Vision 2040: Gov’t Constructs More 14 New Power Projects To Boost Economic Development

As one of the ways to attain the projected National Development Plan and Vision 2040 and to boost economic development, the government, through the Uganda Electricity Transmission Company Limited (UETCL) is implementing 14 new power projects in various parts of the country, in a bid to expand the national Transmission Grid. The main objective of…

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ERA Boss Eng. Waako On Why Industrial Consumers Pay Lower Power Tariffs Than Other Consumers

Although the Electricity Regulation Authority (ERA) acknowledges all power consumers, the demand for electricity by manufacturers remains 70%, that of other categories of consumers stands at 30%, yet the disparity in the tariffs remains a contentious issue, especially among consumers. Under Sections 10 and 75 of the Electricity Act 1999 as Amended, ERA approves the…

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Uganda Coffee Exports Generates Record US$876.4 Million

Uganda’s coffee exports generated a record US$876.4million in revenues for the just concluded 2021/2022 coffee year that ended on September.30. This represents a 39% increase in revenues compared to the previous year despite a decline in export volumes. Latest statistics from the state-owned Uganda Coffee Development Authority (UCDA) shows that the East African nation exported…

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Parliament Approves UGX1.2 Trillion Loan For Electricity Connections

The Parliament of Uganda has approved another request by the Government to borrow up to US$331.5 million approximately Shillings 1.242 trillion from the International Development Association– IDA of the World Bank Group to support the electricity access scale-up project. The legislators passed the unanimous resolution following a motion moved by the Minister of State for…

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Shock As Bukalasi SS Economics Students Fail To Turn Up For UACE

Three senior six candidates of Bukalasi Secondary School in Bududa district failed to show up on Monday for their Economics paper on day one of the Uganda Advanced Certificate of Education Examinations-UACE. The Uganda National Examinations Board (UNEB) began conducting UACE for all A’ level candidates beginning with Economics Papers one and two for Arts candidates and Chemistry…

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