Category Archives: Uganda News

Uganda News

Ugandan farmers praise UN report citing flaws with Bidco

The report acknowledges that a partnership with Bidco “could adversely damage UNDP’s reputation and the communities it seeks to help”

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The employment relationship and how it is affected by business transfers in countries across Africa

The Employment & Benefits team at pan-African law firm, Bowmans, has put together a Guide covering the employment consequences in business transfers in Botswana, Cameroon, Kenya, Madagascar, Nigeria, Senegal, South Africa, Uganda, Tanzania and Zambia. The Guide outlines the laws in each jurisdiction that regulate the employment consequences of business transfers and provides useful insight for those planning to buy or sell a business, or out- or in-source a service, in those countries.

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New Research finds Humanitarian Assistance to Refugees boosts Uganda’s Economy

A new study conducted in Uganda has found that humanitarian assistance for refugees creates significant economic benefits for the local economy, and these benefits are greater when the assistance is in the form of cash transfers and land for agricultural production.

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IMF Staff Concludes Review Mission to Uganda

A team from the International Monetary Fund (IMF) led by Axel Schimmelpfennig, IMF Mission Chief for Uganda, visited Kampala from October 12 to 26, 2016 to conduct the seventh review of the country’s economic program under the Policy Support Instrument (PSI) [1].

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Uganda and Ethiopia big winners at East African Power Industry Awards in Nairobi this week

Uganda scored a double victory at the East African Power Industry Awards with the country not only winning the Special Recognition Award for outstanding leadership in the sector, but also scooping up the Award for Excellence in Power Transmission or Distribution for the second year in a row.  Taking place during the East African Power Industry Convention (EAPIC) in Nairobi this week, the East African Power Industry Awards gathered some 180 power professionals from the region at a glamorous gala dinner on Wednesday and recognised individuals, companies and projects based on the excellent work they have been doing in the power sector during 2015/2016.

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Maiden East Africa Roadshow by Dubai Tourism included flydubai

About 14 Dubai based organizations exhibited their products and businesses during the maiden roadshow done in East Africa by the Dubai Tourism. From 24th to 30th August, the event was targeted to give local companies a direct access to diverse services provided by operators from the Emirate. flydubai, which was announced half a decade ago, is set assist to contribute to the vision of the Emirate to be identified as a global centre for aviation and tourism. At the event, flydubai, exhibited their business services in Uganda and Tanzania.

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Uganda to host the 4th Edition of the East Africa International Arbitration Conference (EAIAC)

Now in its 4th Edition, East Africa International Arbitration Conference (EAIAC) (EAArbitration.com) has grown to become an authoritative platform in East Africa promoting the region’s legal capacity, and highlighting Arbitration as an alternative investment dispute mechanism.

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M-Pesa Pioneer; Dr. Nick Hughes to deliver keynote speech at the third Digital Impact Awards Africa

Digital Impact Awards Africa is fast streamlining production and consumption of Digital Services in Africa. Today, the DIAA advisory board announced that Dr. Nick Hughes; one of the pioneers of the world’s most successful Mobile Financial service – M-Pesa will deliver a keynote at the third Digital Impact Awards Africa come Wednesday 17, August 2016 at the Kampala Serena Hotel.

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Uganda: Lethal Response to Killings

The Ugandan government should investigate the killings of at least 50 people in the Rwenzori region, 17 of them by security forces, between February and April 2016, and make the findings public, Human Rights Watch said today in a letter to the police inspector general.

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Latest survey names Charles Mbire richest Indigenous Ugandan

The latest survey published by an online news site (Uganda News) has named Dr. Charles Mbire as the richest native Ugandan alive today among a list of 10 most loaded Ugandans. The list dominated by Ugandans of Indian Origin, noted that Mbire, an astute and trustworthy Businessman, is estimated to be worth over US$ 350 million (Ushs 1.1 trillion).

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MTN secures USD114m syndicated credit facility for infrastructure development in Uganda

– Stanbic Bank Uganda acted as Global Co-ordinator, arranging the syndication with Citi Bank, Standard Chartered Bank and Barclays Bank

– MTN Uganda’s capital investment for 2016 is planned at UGX 238 billion and UGX 299 billion in 2017

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Stanford University Business Program Takes Root in East Africa

Building on the success of its program in West Africa, Stanford Seed (gsb.stanford.edu/seed/home), the Stanford Institute for Innovation in Developing Economies, has announced the launch of the Seed Transformation Program in East Africa (gsb.stanford.edu/seed/transformation-program/east-africa).

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Innotribe selects 12 semi-finalists to compete in the second annual African Startup Challenge

12 companies will compete in Mauritius on 18 May and get the chance to take their innovative solutions to the next level

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Islamic Finance in Sub-Saharan Africa – New Momentum, New Opportunities for Growth Across the Continent

Islamic finance is still at an early stage of development in Sub-Saharan Africa and the market share of Islamic banks is comparatively small. According to the IMF, about half of the region’s total population is still unbanked. Furthermore, the Sub-Saharan Africa Muslim population, currently at nearly 250 million people, is projected to reach upwards of 380 million by 2030 and financial services are expected to significantly rise as a share of GDP – setting the stage for a dynamic growth market for Islamic finance across the continent.

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One Acre Fund Expands Smallholder Farmer Services to Malawi and Uganda

One Acre Fund (OneAcreFund.org), a nonprofit agriculture organization that supplies smallholder farmers with the financing and training they need to increase their incomes and food security, announced the official opening of its Malawi and Uganda operations. Malawi and Uganda began as pilots in 2013 and 2014 respectively. One Acre Fund now serves 400,000 smallholder farmers—with an estimated two million people in those households—across East and Southern Africa.

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Karuma Hydro Dam project progressing on schedule

By Jackson Oboth

Over the weekend, I was privileged to join a group of journalists on invitation to witness progress on the Construction of Karuma Hydropower Project being undertaken by a Chinese firm, Sinohydro Corporation Limited.

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Sub-Saharan Africa Islamic Finance Convention 2016

Sub-Saharan Africa Islamic Finance Convention 2016

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