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Category Archives: Uganda News
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.
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.
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.
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.
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.
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).
– 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
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).
12 companies will compete in Mauritius on 18 May and get the chance to take their innovative solutions to the next level
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.
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.
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.
The 3rd Digital Impact Awards Africa (DIAA2016) will present “Africa’s Digital Inclusion Medal of Honor” award to Mr. Ren Zhengfei, founder and CEO of Huawei Technologies Co. Ltd. The award and honor that will be presented at Serena Kampala Hotel on August 18th 2016 is an appreciation of Mr. Ren Zhengfei and Huawei’s contribution to Digital Inclusion in Africa.
Entebbe, Uganda, 4-6 May 2016
The Africa Tax Symposium (apo.af/qagRP4) is an annual authoritative event, drawing together tax professionals from all over the continent. The aim of the Symposium is to analyse the most pertinent international tax issues of the day and to place them within the African context. This is reflected in the signature theme, Trends in International Taxation: An African Perspective (apo.af/OFdeKs).
Smile Telecoms Holdings Ltd (“Smile”) (SmileComs.com), which owns and operates 4G LTE mobile broadband networks in the 800MHz band in Nigeria, and in the 800MHz and 2.6GHz bands in Tanzania and Uganda, announced today that in all its operating markets customers would enjoy the benefits of two first-to-market services, namely SmileVoice and SmileUnlimited.
The Bugala Farmers Association has called on the United Nations Development Programme (UNDP) to sever its ties with Bidco Africa, a Kenya-based edible oil producer accused of land-grabbing, human rights violations and environmental disasters in Uganda, Kenya and Tanzania.