Uganda is among the first African countries to launch a vehicle assembly company in the whole of the continent. They have been manufacturing electric vehicles which most of them are powered by solar panels. The 35 seat bus was intended for urban areas rather than inter city use because of the restrictions on how far…
Members of Parliament have approved a request by the government to borrow $464 million (about Shs1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who say the loan terms are unfair. Referred to Parliament’s Committee on National Economy on Tuesday, the loan is to be sourced from Standard…
Parliament’s Committee on National Economy has asked Finance State Minister, Hon. Henry Musasizi for details on the actual intended disbursements of the loan before they can give their nod of approval. Shadow Finance Minister, Hon. Muhammad Kivumbi objected asking for details of the disbursement, a request he said is informed by fears that the money…
The Finance State Minister, Henry Musasizi has asked Members of Parliament to approve up to Shs3.5 trillion to finance the Shs48.1 trillion budget. The first loan request which is up to US$464 million translating to about Shs1.7 trillion, is to be sourced from the Standard Chartered Bank. In documents which now stand referred to Parliament’s…
Spenah Beach in Entebbe is finally no more after the police, together with local authorities in Entebbe municipality finally evicted John Asiimwe, an errant tenant who had refused to vacate the place, even after defaulting to pay rent for two years. Spenah Beach initially belonged to former Entebbe Mayor Stephen Kabuye, who rented it out…
The latest news landing on our desk indicates that the Government of the United Arab Emirates UAE has stopped the issuance of 30 day visas commonly referred to as Visit Visas to Ugandans until further notice. Also, UAE has stopped the issuance of the short stay Visas to 20 countries among them including Nigeria. The…
A delegation from President Yoweri Kaguta Museveni’s government led by Uganda’s ambassador in United Arab Emirates (UAE), Kibedi Zaake, survived being beaten by angry Ugandan girls who are currently being kept in detention centers in Dubai. State Minister for International Affairs in the Ministry of Foreign Affairs, Henry Okello Oryem has revealed that the delegation…
Highly engineered preparations are underway among the Indian community in Uganda with high expectations at the Diwali Festival commemoration which will be held this Sunday. The Diwali or Deepavali festival is an event of lights and one of the most significant events in the Indian culture. This means it will involve a variety of traditional…
The European Parliament’s criticism of oil projects in Uganda failed to “respect the fundamental principles” of democracy, TotalEnergies has said. The company’s chairman and CEO Patrick Pouyanné had been due to speak to the European Parliament today. Total said it would provide a letter instead. The French company will not be represented at the hearing…
The Uganda Development Cooperation (UDC),a government body responsible for spearheading Industrialisation and developing economy has created more than 1 million jobs within a space of just 6 years. As Uganda is celebrating her 60th independence ,one of the celebrant Ugandans UDC Executive Director Dr Patrick Birungi speaking at their head office based at Soliz house…
