The National Minerals Company Plans are Announced by the Ugandan Government
Permanent Secretary of the Ministry of Energy & Mineral Development, stated that the Ugandan government is in the process of establishing a National Minerals Company with the goal of supervising the nation’s investments in the mineral industry.
The government intends to further reduce internet costs in order to increase access
The government wants to cut the price to as little as $5 (about 19,000 Ugandan shillings) per megabit per second per month within the next year, according to Godfrey Kabbyanga, the state minister for ICT.
Entebbe Airport Sees a Noteworthy Volume of Passengers
1,900 delegates were accommodated by the airport, which undoubtedly increased traffic. According to Luggya, in terms of cargo, in January 2024, Entebbe International Airport registered 3,579 metric tons of imports and 3,604 metric tons of exports.
Insurance Companies to Host a 3-Day Conference on Gas and Oil
Industry participants emphasized the noteworthy advancements in 2023 in a statement released ahead of the Oil and Gas Symposium, which is set to take place at Four Points by Sheraton from February 20 to 22, 2024. Of the USD 20 million total investment, USD 13 million has already been recorded.
Government Works with IPS and International Green Hydrogen Experts to Produce Fertilizer
The Ugandan government has inked a Joint Development Agreement for a green hydrogen-based fertilizer plant with Industrial Promotion Services (Kenya) Limited (IPS) and Westgass Internasjonal AS (Norway) in an effort to support sustainable agriculture and lessen dependency on imports.
Uganda Baati and E-Trade Association Work Together to Improve the Convenience of E-Commerce
Uganda Baati’s Head of Marketing, Macklean Kukundakwe, highlighted during the conference the company’s innovative role in integrating e-commerce into the steel industry.
Government to Support Innovations in Organic Agriculture
At the Agroecology Conference held on February 25, 2024, at Hotel Africana in Kampala, Hakim Baliraine, a smallholder farmer and regional chairwoman on the Board of Directors for the Eastern and Southern Africa Small Scale Farmers Forum (ESAFF Uganda), made this request.
Community Water Points in Kabale Have Increased By 63%
Kabale District, there have been 63% more community water sources during the previous five years, and the most recent water mapping effort identified 1070 new water sites.
TotalEnergies reports record annual profits of $21.4 billion
The massive French energy company TotalEnergies said on Wednesday that its 2023 profit hit a record-breaking $21.4 billion, up 4% from the year before. good results in its power and liquefied natural gas businesses, together with significant investments in the extraction of fossil fuels, were credited for the company’s good success, despite criticism and ongoing court challenges regarding its environmental practices.
Utilizing An Online System, Uganda Registration Services Bureau Reduces Business Registration Time To Hours
The Online Business Registration System has expedited the registration process, cutting down on turnaround time from several days to only a few hours, as per the information provided in the 2022–2023 Annual Report. Smooth registration transactions are made possible by the system’s complete integration with the Uganda Revenue Authority and the National Identity and Registration Authority.