Dr Peter Mutuku Mathuki takes over a secretariat that is facing challenges ranging from financial shortages as many countries were not up-to-date in their remittances.
“Even where countries had issues with either one another or with the secretariat, Richard Sezibera would personally reach out to them and encourage them to pay,” said EALA member, Fred Mukasa Mbidde, of the former SG.
Prior to his appointment as a full cabinet minister, Gen. Katumba served as State Minister for Transport for two years. Under his docket lay the roads sector that covers the railway, taxis, buses and Boda-boda, water transport as well as the aviation and other related services.
"This outcome is, I think, the best response to commentators who predicted, and in some cases even hoped for an investor rebellion against the company, and responds to those who act more as activists than shareholders," said Pouyanne. But Environmentalists and a chunk of the shareholders say TotalEnergy must do more to convince that they are abiding by their promises.
Despite the importance of the expo, the Director-General of the Uganda Investments Authority, Lawrence Byensi expresses disappointment that the National Task Force is yet to receive money from the Finance Ministry with just about four months to the start of the expo.
“We have managed to reduce on the expenditure in the Sacco canteen, moving away from a loss of 73million Shillings suffered in 2019 to realising a profit of 750 million Shillings in 2020. We have also been able to reduce on most of the expenditures as reflected in the financial statement which has boosted our net profit from Shs315m in 2019 to Shs2.631Bn in 2020,” Omoding said.
Mustapha Mugisa, an investigator of financial fraud and a forensics expert says the government wants the new companies to be subjected to Financial Intelligence Authority (FIA) guidelines due to the big sums of money going through the platform.
The Chairman of the Uganda Transport Development Agency- UTRADA Mustafa Mayambala says they also need to resort the issues of leadership at stages outside the Park. At Burton street there is a Bweyogerere stage just like there is in the Old Taxi Park.
Since inception, Umeme together with the Uganda Police Force have discovered more than 5000 metre anomalies and disconnected close to 3,700 direct supplies and arrested over 4000 people, says Christine Namutebi, Umeme Metering Services Manager.
The conflict in the family of late John Nsubuga Musoke, a former employee of the Ministry of Gender stems from the alleged unequal distribution of money earned from rentals, and an attempt to sell a piece of land, part of the inheritance.
"She has indicated that EAC Integration Agenda is on top of her programs, having made her first visit to Uganda to witness the Petroleum deal.” says outgoing EAC Affairs Minister Julius Wandera Maganda.
The artisanal miners are plotting against the renowned banker Abbas Mawanda, and the investor Rashed Alsuwaid of Horizon Energy Ltd in a conflict which also entangles former Member of Parliament Muyanja Mbabali, businessman Amos Nzeyi, the Maviri Family, and USU Group.
Total contracted Mota Engil Uganda, a subsidiary of Portugal-based construction group Mota-Engil, for the initial works that include bush clearing, fencing, construction of drainage and internal roads at the site.
The Uganda Microfinance Support Centre (MSC) which is managing the funds says they have been overwhelmed by the numbers requesting for the money, yet the funds are limited. According to the centre, Emyooga was launched by President Yoweri Kaguta Museveni in August 2019 as part of government’s strategies to transform 68% of Ugandan homesteads from subsistence to market-oriented production.
The Country Director, Ascent Africa, Richard Mugera says opening up business to private equity investors is one of the easiest ways of lifting the company out of distress in the current business environment, when businesses are trying to recover.
So far, the pavement layer is almost completed with a small section left. The layer has been marked to enable taxis to park in an orderly manner. There are streets lights installed and steps constructed to ease the entry of passengers into the Park.
The Bank of Uganda put the official exchange rate for the dollar at 3,529.39 buying and 3,539.39 selling by the close of the day. This was slightly firmer for the local currency from the opening of the day when the central bank quoted it at 3,530.22 buying and 3,540.22 selling.