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Police creates new mineral protection unit

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Jesca Keigombe has been appointed the head of the Police Minerals Protection Unit, according to a recent statement signed by Kale Kayihura, the Inspector General of Police. The appointment of Keigombe comes in the wake of growing complaints from some investors about encroachment of local artisanal miners on licensed areas. …

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Stanbic places hope in oil sector for rebound.

Kampala, Stanbic Chief Executive Patrick Mweheire (left) presents Ambassador Patrick Mugoya the Permanent Secretary, Ministry of Foreign Affairs with a copy of the Economic & Business Guide to Uganda. The publication sponsored by Stanbic Bank will assist Ugandan diplomats to promote the country better while giving visitors and potential investors a better understanding of Ugandan investment laws & insights into the local business environment.

Stanbic bank estimates Uganda’s economy will rebound to the 5 per cent growth levels partly as a result of the expected investments in the oil and gas sector. While releasing its half-year numbers for 2017, where the bank’s profit after tax dropped by 11 per cent to Shs 95 billion …

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