The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
The Affordable Housing Project promised dignity and stability for Kenya’s urban poor, yet gaps in delivery are fast exposing cracks in what was once hailed as a groundbreaking social revolution.In Nairobi’s New Mukuru Housing Estate, residents who once lived in congested shacks now enj
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
A Kumasi High Court has thrown out an injunction application seeking to stop the burial and funeral of celebrated highlife musician Charles Kwadwo Fosu, popularly known as Daddy Lumba.The application was filed by Madam Akosua Serwaa Fosu, who claims to be the late musician’s legally wedd
Kampala, Uganda: The High Court in Kampala has dismissed with costs a case in which the opposition National Unity Platform (NUP) sought to compel government to allocate it funds under the Interparty Organisation for Dialogue (IPOD) arrangement.In the ruling, the presiding Judge held that N
President Donald Trump on Thursday threatened to begin testing US nuclear weapons in response to actions by rival countries, an announcement that came moments before his meeting with Chinese leader Xi Jinping.Trump in a post on social media said, “The United States has more Nuclear Weapo
On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mother company
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during
Bitcoin was trading around USD 1,12,319.38 on October 29, 2025, showing a downward trend after recent fluctuations. The cryptocurrency fell from USD 1,14,289 on October 28 to below USD 1,13,000 on October 29, highlighting volatility and uncertainty in the crypto market.Bitcoin Price
