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Uganda receives first batch of pipes for crude oil project

Uganda receives first batch of pipes for crude oil project

Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

Ultimate Uganda

MUBS calls on business community to engage with universities

MUBS calls on business community to engage with universities

Makerere University Business School (Mubs) has called on other private sector players to join the Nation Media Group (NMG) in supporting universities by connecting them with industry players and investors, ensuring that their research becomes more relevant. Speaking on the second day of

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How EU rule will change coffee sector

How EU rule will change coffee sector

The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea

Ultimate Uganda

California Tenants to Benefit from Positive Rental Payment Reporting

California Tenants to Benefit from Positive Rental Payment Reporting

California Governor Gavin Newsom recently signed Assembly Bill 2747, offering a financial boost to renters who maintain timely rental payments. New Legislation for Positive Credit Reports Landlords in California will now have the option to report positive rental payment information to credit bur

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Fighting Eacop is a lost cause

Fighting Eacop is a lost cause

At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy

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President Museveni Cautions Leaders Against Using Money in Politics

President Museveni Cautions Leaders Against Using Money in Politics

President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy. “With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader

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Concerns mount over Senegal fiscal shortfalls ahead of election

Concerns mount over Senegal fiscal shortfalls ahead of election

Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage

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Tanzania to expand natural gas exports to neighboring countries

Tanzania to expand natural gas exports to neighboring countries

Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.

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