Whereas Uganda is blessed with relatively enough water a lot of that water needs purification. But soon that will no longer be a worry, at least for the folk in the Albertine Graben since Bolton International an Isreali firm is partnering with other international firms to boost the water quality in the region. 51.5 %
Auditor General questions Energy Ministry’s expenditure
The Ministry of Energy has been thrust into the spotlight after the Auditor General queried the billions of shillings that he claims the ministry spent irregularly. In his latest report to Parliament, John Muwanga recommended an investigation into the irregular expenditure. He pointed out that the ministry during the year ended June 2012 transferred sh12b
Chinese companies to get the bulk of Uganda’s infrastructural projects because of oil
Chinese companies are likely to get a lion’s share of Uganda’s current infrastructural projects because they are willing to get repaid from future oil revenue, unlike Western businesses that expect advance payment, the Prime Minister’s office said. The government is seeking investment that will improve electricity generation and transportation networks to drive economic growth so
Oil attracts increased Investments to Uganda
The recent oil discovery in Uganda has led to an increase in Foreign Direct Investment (FDI) inflows to the country. According to the data that the United Nations Conference on Trade and Development released recently, Uganda FDI increased by 92.51% to $ 1.721 billion in 2012 down from $ 894 Million in 2011. The data
Emerging oil sector prompts PTA bank to invest more credit in Private Sector initiatives
Private sector investors in need of long-term credit financing for infrastructure development have an opportunity to access funding from the PTA Bank courtesy of the emerging oil and gas sector. A forecast that projects the possibility of Uganda experiencing double digit economic growth due to the nascent oil and gas industry as well as growth
Conrad Nkutu appointed Tullow Oil Corporate Affairs boss
Daily Monitor Former Monitor Publications Limited Managing Director, Conrad Nkutu, has been appointed Tullow Oil Uganda’s Head of Corporate Affairs, a position that will see the veteran media manager join the oil and gas giant’s senior management team. Mr Nkutu officially reports for duty on Monday, July 1, 2013. A press release
Why Uganda’s concession to the regional pipeline project is good news to South Sudan
South Sudan must have been waiting with bated breath or should we say eavesdropping on the conversations between Kenya, Rwanda and Uganda that have been the centre of media attention this week. The President of Uganda, Yoweri Kaguta Museveni has been hosting his colleagues Uhuru Kenyatta, the Kenyan President and Paul Kagame, the President of
Oil hunt in Ugandan national park tests Africa’s eco defences
Reuters Uganda’s Murchison Falls National Park is bisected by the majestic Nile river and boasts some of Africa’s wildlife treasures – elephants, lions and a rare giraffe sub-species. Beneath it lies another natural prize: oil. Now French energy giant Total has begun surveys to prepare for seismic tests in the national park, one of
The environmental impact of the solid wastes expected from Uganda’s oil refinery
Every industry usually produces waste which it is expected to dispose off in a manner that is environment friendly. The refinery will be no exception. It is projected that during the construction of the refinery, construction solid wastes and domestic sewage will contaminate the soil if not properly treated. Refineries generate solid wastes and
Oil lures government into building a new city in Bunyoro
The government is planning to construct two new cities in the Albertine region and Buvuma Island, the minister in charge of urban development has said. In an exclusive interview with the Daily Monitor last week, Ms Rosemary Najjemba revealed that the government would use part of the $150m (about Shs389.6b) World Bank loan to