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@chimpreports Thu, 22 Feb 2024 15:57:00
Rwakakamba: Industrial Parks Key to Driving Uganda’s Economy from Current $50 billion to $500 billion by 2040
By Morrison Rwakakamba The optimism around super power potential for Uganda is ripe and our leaders and communities at all levels are immersed in debate and actions on how to achieve geometric economic growth and become a first world country in our lifetime. Those late to the party need to show up. In nominal terms, …
The post Rwakakamba: Industrial Parks Key to Driving Uganda’s Economy from Current $50 billion to $500 billion by 2040 first appeared on ChimpReports. read morechimpreports.com
@chimpreports Thu, 22 Feb 2024 16:28:39
Uganda, EABC Root for Deeper Regional Trade Ties
Uganda’s Foreign Affairs Permanent Secretary Vincent Bagiire has underscored the significance of intra-EAC trade and collaboration among partner states in aggregating exports to the African Continental Free Trade Area (AfCFTA) and the European Union (EU). Bagiire said the “shared resources such as Lake Victoria, present abundant opportunities for export collaboration and aggregation.” The Permanent Secretary …
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@chimpreports Thu, 22 Feb 2024 17:14:55
Chinese Firm Gets 21-year License to Mine Limestone in Moroto
The Ugandan government has granted a 21-year Large-Scale Mining License LML0344 to Chinese-backed firm, Sunbird Resources. The licence, which Energy Minister Ruth Nankabirwa said marks a “pivotal moment in Uganda’s mining sector”, empowers the Chinese firm to mine 8,000 tonnes per day of vital limestone at Rupa Sub-county in Moroto. Sunbird Resources Ltd recently partnered …
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@chimpreports Fri, 23 Feb 2024 04:51:21
URA in Shs 160bn January Tax Shortfall
Uganda Revenue Authority (URA) has registered a staggering Shs 160bn shortfall in the domestic tax collections for the month of January, 2024. This is in addition to the Shs 120 billion domestic tax shortfall in December 2023. URA had collected domestic revenue of Shs 2.131 trillion against its expected revenue collections of Shs 2.251 trillion …
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@chimpreports Fri, 23 Feb 2024 06:01:03
Inside Story: Why FDC’s Katonga Group Wants to Form a New Party
The Katonga faction of the opposition Forum for Democratic Change-FDC party is considering forming a new political party that would facilitate an alliance with the National Unity Platform (NUP) to challenge the ruling party’s hold onto power in the 2026 presidential elections. Former presidential candidates Dr Kizza Besigye and Robert Kyagulanyi alias Bobi Wine have …
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