Analysis

Uganda recently signed a Memorandum of Understanding with the Russian State Atomic Energy Corporation (ROSATOM) to peacefully use nuclear energy. The agreement was signed by state minister Simon D’Ujanga on behalf of Uganda and Nikolai Spasskiy the deputy director general of ROSATOM. ROSATOM already runs Uranium extraction and production, nuclear power generation, nuclear fuel, nuclear weapons and nuclear safety activities in Russia and other parts of the world. The company also claims to be Russia’s largest electricity generating company producing 196.37 kilowatt-hour of electricity in 2016, or 18.3 percent of the country’s total generation of electricity. This agreement came after Uganda’s ministry of energy team led by Undersecretary Prisca Boonabantu travelled to China at the invitation of Zhonguan Engineering Corporation (CZEC), a subsidiary of China National Nuclear Corporation (CNNC), as part of the ongoing discussions with Beijing to help Kampala develop peaceful nuclear at about $3 billion.

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In a changing technological world, many innovations to ease the common man’s way of life have been developed. From making phone calls, sending messages to travelling at supernormal speeds across continents in vessels of all shapes and sizes.

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Umeme has topped the number of closed deals in the first quarter of the year 2013, contributing more than 37% (sh14b) to the share market.

The counter share price has steadily risen in recent months to the current highs of sh345 from its opening rate of sh275 in November 2012 after a well-received Initial Public Offer.

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From the print edition: Sept/ Oct.2017

The time bomb is ticking; this is not your usual Al-Shabaab, Al-Qaeda time bomb style. It is due to poor planning, an increasing population that is growing rapidly at 3.5% annually, coupled with a reducing life span, poor farming decisions and a changing climate that has brought about a change in farming seasons not forgetting the influx of refugees in the country.

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