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Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta

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Bujagali Energy Limited hailed for maintaining operational standards

Bujagali Energy Limited hailed for maintaining operational standards

The Electricity Regulatory Authority (ERA) has commended Bujagali Energy Limited (BEL) in Buikwe district for upholding high operational standards and growth in the energy sector.ERA Executive Director, Eng Ziria Wako, said operation at the power plant is aligned with the conditions set ou

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In Mbarara, Fuel Is Becoming More Valuable Than Kidney

In Mbarara, Fuel Is Becoming More Valuable Than Kidney

Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic strain as several stations run out of stock.Hundreds of motorists and cyclists on Saturday crowded Shell Ankole in Mbarara C

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POLICE: Kololo routes restricted for Gen. Muhoozi birthday run

POLICE: Kololo routes restricted for Gen. Muhoozi birthday run

The Uganda Police Force says all roads to and from Kololo will be restricted as Chief of Defence Forces Gen. Muhoozi Kainerugaba joins supporters for his 52nd birthday marathon.The MK@52 Run on Sunday, also known as the Muhoozi marathon, is expected to draw top officials from security agen

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Emergency oil drills conducted as readiness hits 99%

Emergency oil drills conducted as readiness hits 99%

Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon

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Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic

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Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral

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Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines has resumed long-haul operations following the return of a grounded Airbus aircraft that had been out of service since February due to engine-related faults, easing weeks of disruption that strained its international schedule.Uganda Airlines has announced the return to serv

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Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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