Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers.Petrol and diesel remain below previous highs recorded b
Plans to establish an industrial park in Greater Masaka have suffered a major setback after it emerged that the proposed site is prone to frequent flooding, raising concerns over its viability.The project site, located in Mazzigo in Bukakata Sub-county, Masaka District, spans approximately
Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it
Reports from Kenya say Nairobi had asked to tap Uganda’s petrol stocks as a temporary measure and promised to replace the fuel once delayed shipments arrived.Uganda rejected a request by Kenya to access fuel reserves held in the Kenya Pipeline Company network.The move is reported
The Petroleum Authority of Uganda has reaffirmed that the country remains on course to achieve its long-awaited first oil by mid-2026, pushing back against concerns raised in a recent report by the Office of the Auditor General Uganda.Uganda’s journey to oil production has seen several t
Authorities in Mukono Municipality have relocated traders to a new site following their eviction from Kame Valley Market, sparking mixed reactions over the suitability of the new location.The relocation follows a two-day operation conducted last week, during which municipal enforcement off
Ugandan President Yoweri Museveni (right) shakes hands with H.E. Jakaya Kikwete, AU High Representative for the Horn of Africa, at Nakasero State Lodge on Tuesday. The two leaders greeted each other before holding high-level talks on the importance of political dialogue to stabilize South Sudan.
The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan
Uganda and Kenya agree on SGR standards to link their conflicting rail systems, advancing the massive regional infrastructure project.KAMPALA, Uganda — The Ministry of Works and Transport is requesting 8.3 trillion shillings for the 2026/27 fiscal year, a 40% increase intended to moderni
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
