Tullow Oil’s deal to farm down its interest on a section of Uganda’s Albertine oil exploration area, that has been pending for the last two and half years, collapsed on August 29. But in veiled and carefully crafted statements, both the Government of Uganda and Tullow, the two principals in the transaction, are pointing fingers different directions for causes of the flop.
Even though Uganda is seemingly bustling with innovations, scientific assessments through the Global Innovations Index (GII) show that the country is trailing in innovation grades in the region. In 2018, Kenya was rated the most innovative among the East African Community countries (rating globally at the 78th), followed by Tanzania (globally at 92nd), Rwanda (globally 99th) and Uganda in fourth place (103 globally). The other members of the Eat African Community -Burundi and South Sudan- were not measured.
Construction works for development of apartment blocks that will put 90 new housing units on to the market in 2020 have been launched by Build Net, a local real estate developer. Named Najjera Heights, the block occupies the former Match & Mix entertainment spot on the Kiwatule-Najjera road in Kira Municipality.
The 183 megawatt (MW) Isimba hydro power dam has been launched after 47 months of construction. The new dam brings Uganda’s total electricity production to 1,167MW- over 1,100 of which is from hydro power. This gives the country a rating of average producer by Africa regional standards. However, when Karuma is brought on line at the end of this year with 600MW, Uganda’s total production will jump to over 1, 700MW, putting the country among the top quartile of high electricity producers on the continent.
The National Council for higher Education (NCHE), Uganda Engineers Registration Board (ERB) and Uganda Institute of Professional Engineers (UIPE) have signed a tripartite agreement under which the three institutions will work together to uphold the engineering profession by eliminating quacks I the trade.