24November2017

The Director of the Privatisation unit has defended the 20- year contract that Umeme signed with the Government, saying it was one of the best deals in sub-Saharan Africa.

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The sale of Uganda Railways Corporation’s assets in Kenya has been halted, Mr David Ssebabi, the director of Privatisation Unit, has said. Without elaborating, Mr Ssebabi said the Divestiture and Reform Implementation Committee (DRIC) had done this for ‘strategic reasons’.

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THE Privatisation Unit has denied any role in the transfer of the title for Uganda Railways Corporation (URC) land in Nsambya to the Uganda Land Commission. The unit said it was a government decision. The parliamentary committee on state authorities and enterprises on Tuesday tasked officials of the unit to explain circumstances under which the Railways land in Nsambya and Port Bell, had been disposed off.

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Uganda has invited bids for the restart of production at its Kilembe copper mines near the border with the Democratic Republic of Congo (DRC) and expects the winner to invest about $100 million in the project. The mine was abandoned in the early 1980s due to political turmoil and lower copper prices in global markets.

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