Energy & Mining
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COMESA region moving closer to harmonised energy regulatory regime
CAIRO, May 15, 2024 – Energy experts recently met in Cairo, Egypt for a two-day consultative workshop on regional harmonisation of regulatory frameworks and tools for improved electricity regulation in the COMESA…
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Africa requires US$ 277bln annually to achieve 2030 SDGs, says IAE 2024 Panel
PARIS, May 15, 2024 – Boasting 60 percent of the world’s best solar resources, Africa’s solar power potential presents multiple opportunities for investors seeking long-term, scalable financial prospects. A panel session during…
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Govt exempts electric vehicle makers from stamp duty
KAMPALA, May 7, 2024 – Local companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent…
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House halts Bujagali tax exemption
KAMPALA, May 7, 2024 – A proposal by government to exempt the Bujagali Hydro Power project from income tax has been rejected by the Members of Parliament who instead demanded a report…
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Trident Energy’s Republic of Congo oil field acquisition lauded as key step forward
JOHANNESBURG, April 28, 2024 – Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The…
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Govt starts installation of extra 40km of electric fence around Murchison Falls National Park
NWOYA, April 23, 2024 – Government, through the Uganda Wildlife Authority [UWA], has resumed construction works for an electric fence around Murchison Falls National Park aimed at preventing the marauding elephants from…
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WNA to showcase Southern Africa’s nuclear prospects at IAE 2024
KAMPALA, April 22, 2024 – Director General of the World Nuclear Association [WNA] Dr. Sama Bilbao León will speak at the Invest in African Energy [IAE] Forum in Paris this May, unpacking…
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New partnership aims to connect 300mln to electricity by 2030
KAMPALA, April 18, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by…
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Museveni commissions tin factory, discourages exportation of raw minerals
MBARARA, April 13, 2024 – President Yoweri Museveni has commissioned Uganda’s first tin refining plant in Ruti Cell, Mbarara City South Division. Unveiling the tin smelting plant yesterday, Museveni said he has…
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Lawmakers question income tax exemption for Bujagali Energy Limited
KAMPALA, April 11, 202 – Members of Parliament have questioned a proposal by the Ministry of Finance, Planning and Economic Development [MoFPED] to give Bujagali Energy Limited, a company that runs Bujagali…
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