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Uganda’s central bank, the Bank of Uganda, has its work cut out in implementing its domestic gold purchase programme that was launched in July this year. The Bank’s gold programme…
A stormy meeting chaired by President Museveni on Wednesday night to resolve the fights between Evelyn Anite, the Investment and Privatisation Minister, and Uganda Investment Authority (UIA) boss, Robert Mukiza, ended with the President calling for Anite to forgive Mukiza, and have speedy investigations instituted into the loan agreements signed to re-develop the Namanve Industrial Park infrastructure. The Attorney General will lead the investigations into loan agreements to address the glaring issues with a report expected in two weeks to be presented to the President for action. Government secured USD 200 million (UGX 735 billion) in 2019 sourced from UK…
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In a bid to increase investment, the Uganda Investment Authority (UIA) has acquired a total of 78.2 hectares of land at Oraba, in Koboko district for the development of Oraba Industrial park. The park is strategically located in an area that is suitable for investors targeting to manufacture goods for Uganda and export to DR Congo, South Sudan and Central African Republic among other regions. Koboko district is located on the extreme corner of northwestern Uganda, its bordered by South Sudan in the north, Yumbe district in the east, DR Congo in the west and Maracha district is the south….
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By Our Reporter The Insurance Institute of Uganda (IIU) is this year celebrating 50 years of its existence and is scheduled to host its first international conference slated for February 28, 2014, themed ‘Insurance, The Rise of a New Dawn – Managing Emerging Risks in a developing economy. Our reporter talked to the Chairman, Governing Council Insurance Institute of Uganda, Mr.Geoffrey T. Kihuguru about IIU’s role in Uganda’s insurance sector over the past 50 years, future plans and the general outlook of Uganda’s insurance sector. Below are excerpts: The Insurance Institute of Uganda is this year marking 50 years of…
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