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UDB Eyes Northern Uganda To Spur Economic Revitalization Through Appropriate Agro-Industrial Technologies To Increase Production

A woman in subsistence agriculture threshes Soya bean harvest last season in Gulu city. The Executive Director of revamped Uganda Development Bank, Mrs. Patricia Adong Ojalongo has reiterated that there are so many opportunities and potential for Northern Uganda which has not been tapped to spur recovery of the region through appropriate use of new agro-industrial as the

Umeme shares plummet after Museveni remarks

Umeme shares plummet after Museveni remarks May 9, 2021 Selestino Babungi, Umeme managing director President Yoweri Museveni s May 1 Labour Day remarks over electricity distribution costs seem to have sent shock waves among shareholders of Umeme Limited, the main electricity distributor in Uganda.    The concern over the president’s statement emerged this week on Thursday as Umeme shareholders met for the annual general meeting in Kampala. Umeme board chairperson, Patrick Bitature while addressing the shareholders, said Museveni s remarks are already impacting the company negatively. Bitature says, for example, the company’s shares lost their prices by half when the president first demanded to know about the concession, and that since then, the price has never recovered.  

Will Museveni 6th term deliver after 35 years?

Daily Monitor Sunday May 09 2021 Some youth prepare to leave Entebbe airport for employment in Dubai, UAE on October 22, 2019. Photo/Abubaker Lubowa Summary President Museveni promised a lot in kisanja hakuna mchezo and is making even firmer promises as he prepares to swear in for another term. We attempt a quick stocktaking of his previous five terms in office.  I have never seen South Koreans exporting labour. The only South Korean I have seen (exported) is (former United Nations secretary-general) Ban Ki-moon. Their country is half the size of Uganda but you don’t see them (exported). I am now for the South Korean approach” President Museveni.

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