China has in the recent past aggressively directed billions of dollars worth of projects to Africa with Uganda being one of her strong partners. With a growing number of major infrastructural partnerships such as the recently commissioned Entebbe Express Way and ongoing Karuma Hydro Power Dam works a testament of both quality and timely execution by Chinese contractors, the future is bright.
It therefore comes as no surprise when on Thursday, President Yoweri Museveni together with his Chinese counterpart President Xi Jingping put hand to paper and signed three bilateral pacts to Read More
Uganda's private sector has greatly picked up currently standing at 10.5 percent after five years of sluggishness. This, according to the Bank of Uganda Deputy Governor Dr. Louis Kasekende is thanks to a decline in the Central Bank Rate (CBR) and availability of sufficient capital with all banks meeting the regulatory capital adequacy as of June 30 2018, the 10.5 percent growth rate a significant rise from 2.8 percent just nine months ago in November 2017. With the CBR currently at 9 percent, commercial banks' lending rates are projected to continue declining in line with the Central Bank' Read More
Load shedding will soon be something to read about specifically in the Kampala Central Business District (KCBD) as the Queen's Way Substation has finally been commissioned and is up and running. The station, initially built in 1993 with a lifespan of 15 years was upgraded due to higher power demand and having outlived its intended lifespan. From supplying 33 kilovolts (KV) to the grid, the revamp sees the station rise to 132 KV with a grant under the Japanese International Cooperation Agency (JICA) funding the project as a token of friendship and cooperation between the two countries of Read More
A growing number of Ugandans are succumbing to health complications arising not from bacterial or viral attacks but by lifestyles. With junk food, motorized transportation and no exercise becoming a norm in the land, every other day, more cases of Non Communicable Diseases (NCD) such as cancer, hypertension, diabetes and obesity are registered among Ugandans of all age groups, with over 40% of the recorded deaths in the country resulting from such NCDs Read More
Uganda's most influential monarch, the 36th Kabaka of Buganda and unifier of the 52 clans spread over 18 counties, Kabaka Ronald Muwenda Mutebi this week celebrated 25 years of his reign which began on the 31st of July 1993. His coronation came after a long power vacuum created after his predecessor and late father Ssekabaka Edward Muteesa 2's reign had been prematurely brought to an end by the then dictatorial regime. Kabaka Mutebi became the first king in the world to successfully reestablish a once abolished kingdom.
Thousands of kingdom faithfuls flocked Lubiri-Mengo, to Read More