Business •
11 Oct '24
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production in the last quarter of 2025. The KDFA, expected to have a maximum production of 40,000 barrels of oil per day for five
Business •
11 Oct '24
The government faces a Shs36.6 billion shortfall needed to equip refugee learners with vocational skills, threatening efforts to help them secure jobs and become self-reliant. This funding gap has been worsened by reduced financial support from development partners, who had previously pl
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
11 Oct '24
It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly high ground clearance and was affordable to maintain. Despite having the means to afford a newer car, Mutebi's passion for
Business •
08 Oct '24
Next month from the 14 to 17, the renowned Nyege Nyege Festival, now in its 9th edition, will take place in Jinja at the Source of the Nile in Njeru. This switch of venue is intended to provide festival-goers with a more convenient experience, eliminating the need to walk long distances betw
Business •
07 Oct '24
Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O
Business •
06 Oct '24
Rwandan Foreign Minister Olivier Nduhungirehe said on Saturday his Congolese counterpart had refused to sign an agreed deal to help resolve the M23 rebel conflict in eastern Democratic Republic of Congo that has displaced over 1.7 million people. The Tutsi-led M23 has been waging an insu
Business •
04 Oct '24
The first fire, whose cause is still under police investigation, destroyed more than 70 semi-permanent houses on Tuesday. A second fire, believed to have been sparked by remnants of the initial blaze, left more than 120 residents without shelter. The affected families are now camping in
Business •
04 Oct '24
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate
Business •
04 Oct '24
London (UK) – A Uganda Diaspora, Moses Mulimira joined 300 guests, including High Commissioners and Representatives from various organisations associated with the Commonwealth, during a reception hosted by the King & Queen at St. James’s Palace in London, to celebrate the Commonwealth Diaspora