Business •
17 Mar '26
A quiet but significant ripple from the global oil industry is now being felt in Uganda after Vivo Energy Uganda announced plans to sell two of the most strategically located Shell-branded petrol stations in the heart of Kampala.The move comes as the multinational energy giant Shell plc co
Business •
13 Mar '26
Kampala — Uganda’s fuel prices remain significantly lower than those in Europe despite rising geopolitical tensions affecting global oil markets, with officials attributing the stability to diversified supply arrangements through the Uganda National Oil Company (UNOC) and its international su
Business •
12 Mar '26
Unlike its approach to Rwanda, Kenya, DR Congo, and Tanzania, the United States has not been intentional in pursuing commercial engagement with Uganda.Different from its neighbours, Uganda is not a direct party to any binding trade agreements with the U.S. and relies on regional arrangemen
Business •
10 Mar '26
Members of Parliament have sharply questioned officials from Ministry of Works and Transport over long-delayed road projects and expensive framework contracts, some of which have remained incomplete for more than a decade despite billions of shillings spent.The officials appeared before th
Business •
03 Mar '26
The Tilenga oil fields development project is located in the Lake Albert region of Uganda.KAMPALA — Uganda’s Lake Albert development has passed a decisive technical threshold, with drilling at the Tilenga oil field now exceeding the minimum capacity required to trigger commercial produ
Business •
21 Feb '26
Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on
Business •
16 Feb '26
Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea
Business •
08 Feb '26
President Museveni has arrived in Dar es Salaam, Tanzania, for a one-day working visit aimed at strengthening bilateral ties between the two neighbouring countries.During the visit on Saturday, Museveni held bilateral talks with the President of the United Republic of Tanzania, Dr Samia Su
Business •
08 Feb '26
President Yoweri Museveni and his Tanzanian counterpart Samia Suluhu Hassan in Dar es Salaam.Ugandan President Yoweri Museveni arrived in Tanzania on Saturday for a working visit amid efforts to bolster ties between the two East African neighbors.The visit, at the invitation of Tanz
Business •
05 Feb '26
The 2026 Stanbic Economic Forum is set to return under the theme, “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, with a live stream on Stanbic Bank Uganda’s YouTube channel on February 12, starting at 8:30 a.m.The Forum comes at a pivotal moment f