# Tags

DRC Sets To Join Standard Gauge Railway Project

The Democratic Republic of the Congo (DRC) has committed to participating in the ambitious Standard Gauge Railway (SGR) project in East Africa, aiming to link the Indian and Atlantic Oceans for enhanced regional connectivity and trade. Uganda invited the DRC to a meeting on this during the recent joint commission meetings. DRC will nominate engineers and coordinate with Uganda for SGR standards, with joint site visits planned by March 2024. 

Polish Company Meets Museveni to Build Drone Factory in Uganda

President Museveni on Monday 16th October 2023 met with Polish businessman Mariusz Lwanski, Chairman of Prometheus, to discuss establishing a drone manufacturing center in Uganda. Lwanski outlined the potential uses of drones, emphasizing security and various applications. President Museveni pledged support for this initiative.

ICEA Lion Uganda Launches Employee-Led Go-Green Drive-In Schools Initiative

ICEA Lion Uganda has launched a “Go-Green Drive-in Schools” initiative to promote environmental sustainability in response to pressing environmental concerns in Uganda and Africa. The company’s CEO, Emmanuel Mwaka, emphasized the importance of Environmental, Social, and Governance (ESG) practices for reducing the carbon footprint and safeguarding the environment.

President Museveni Passes Out 4,212 Local Defence Personnel

President Museveni of Uganda presided over a ceremony in which 4,212 Local Defence Personnel completed their training. During the event, he highlighted the increasing education levels of recruits, emphasizing the importance of building strong institutions like the army.

Minister Anite Threatens Punitive Measures against Banks Holding Government Funds.

The State Minister of Finance, Evelyn Anite,issued a warning to financial institutions in Uganda that are reluctant to lend government funds to small and medium-sized enterprises (SMEs). During a discussion on the Shs1 trillion SMEs fund, Anite revealed that many banks were holding onto government money intended for SMEs and accused them of offering expensive loans to SMEs.