SGR Financing and Construction Timeline Agreed

Uganda and Kenya have agreed on the timeline for financing and constructing their standard gauge railway (SGR) projects. The agreement was signed by Uganda’s minister of finance, Matia Kasaija and...

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Land Acquisition Almost Complete For Implementation Of Uganda’s SGR Project

Land acquisition for the first phase of Uganda’s standard gauge railway (SGR) project is 60% complete, with assessors currently working in the Buikwe, Wakiso and Kampala districts. The government...

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Qalaa Confirms Intentions To Sell Interests In RVR

Qalaa Holdings has confirmed that preliminary negotiations are on-going with several prospective local and international investors for the sale of its stake in Rift Valley Railways (RVR). The company...

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Uganda Launches Electronic Single Window Edging Closer To Paperless Trade

The Uganda ministry of Trade, Industry and Cooperatives (MTIC), in partnership with the Uganda Revenue Authority (URA), has officially launched the Uganda Electronic Single Window (UESW). The...

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Uganda and South Sudan Sign a MoU on the Formation Of One-Stop Border Post

The Government of Uganda and the Government of South Sudan have signed a Memorandum of Understanding (MoU) for mutual collaboration and partnership in construction of a one-stop border post (OSBP) in...

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Private Investors Invited To Tap Into The US1.2 Billion Investment Gap In TAZARA

According to TAZARA managing director Bruno Ching’andu, the TAZARA railway Authority is in need of approximately US$250 million in external investment in the short term and a further US$1.2 billion...

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Majority Shareholder Looks To Sell Its Stake in Rift Valley Railways

Egyptian equity fund company Qalaa (formerly Citadel Capital) has announced, in a 2016 quarterly report, that it plans to sell non-core business assets with the view to stabilising the profitability...

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World Bank to Withhold New Lending to Uganda

The World Bank Group took a decision on 13 September, to withhold new lending to Uganda effective from August 22 while reviewing the country’s portfolio in consultation with the Government of...

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RVR Advertises Job Opportunities For Their Uganda Operation

Rift Valley Railways are advertising for a number of senior posts for their Uganda Operation. Available posts include: Terminal Manager Mukono Container TerminalManager, Passenger Services...

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World Bank launches enquiry into alleged misspending at RVR

The World Bank has launched an inquiry into alleged misuse of some of the $US 164 million in loans extended to Rift Valley Railways in 2011. RVR took over the management and operations of the Great...

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