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Road to Uganda’s first oil: Kingfisher likely to be starting point

Road to Uganda’s first oil: Kingfisher likely to be starting point

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

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Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

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

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The price of gold is skyrocketing

The price of gold is skyrocketing

Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao

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Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in

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Abbey Mwesigwa jailed in Dubai as Uganda initiates extradition process

Abbey Mwesigwa jailed in Dubai as Uganda initiates extradition process

The red notice—an international request to police worldwide to detain an individual pending extradition—signals a key step by Ugandan authorities to bring Mwesigwa to justice following a shocking investigation by the BBC.Charles Mwesigwa, a former L

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Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts

Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts

The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli

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Botswana declares national public health emergency

Botswana declares national public health emergency

Botswana has declared a public health emergency as it faces a shortage of essential medicines and medical equipment.President Duma Boko made the announcement in a televised address on Monday, setting out a multimillion-pound plan to rectify the supply chain involving milit

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Uganda Secures Financing for Standard Gauge Railway Project

Uganda Secures Financing for Standard Gauge Railway Project

Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio

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Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings

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Meet 29 candidates who have shown interest in 2026 presidential elections

Meet 29 candidates who have shown interest in 2026 presidential elections

From January 12 to February 9, 2026, Ugandans will head to the polls to elect leaders across various levels, including Presidential, Parliamentary, and Local Government CouncilsBobi Wine, Yvonne Mpambara and President Yoweri MuseveniFrom January

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