The Ugandan government says construction of the Kabalega Industrial Park in Kabaale Sub-County, Hoima District, will begin in 2026. Spanning nearly 30 square kilometres, the park is expected to bolster the country’s emerging oil and gas sector and create more than 35,000 jobs. The project forms
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
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
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 sha
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 Nu
Carved into the rugged cliffs of the Bolivian Andes, the North Yungas Road has earned an ominous nickname: the "Death Road." This 64km stretch links the capital city of La Paz to the lush Yungas region, plunging from high-altitude plateaus into dense rainforest. For decades, it has bee
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
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 Parliam
Popular Salt TV presenter Jenifer Namutebi Nakangubi, widely known as Full Figure, has publicly apologized to the Uganda Communications Commission (UCC) Executive Director, Hon. Nyombi Thembo, for using inappropriate language during her morning talk show, Omusunsuzi. The apology followed a meetin
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper
