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Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently handles about 90% of Uganda’s fuel imports, making it critical to the country’s energy securityKenya plans to list the

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Butaleja teachers starve as corruption and payroll scandal deepens.

Butaleja teachers starve as corruption and payroll scandal deepens.

The Butaleja District Local Government has been plunged into a serious administrative crisis that has denied more than 60 newly recruited education personnel, including headteachers, deputies, and assistants, their pay for several months. This is further characterized by debilitating resource sho

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Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

It makes sense why President Donald Trump would have a 

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Do not post your Christmas travels online – Police warns

Do not post your Christmas travels online – Police warns

The caution comes as security agencies across the country move to a heightened state of alert to ensure peaceful celebrations, especially given the proximity of the period to the 2026 general elections.Police have issued a warning to the public ahead of t

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BETRAYAL! Sh2.2Bn Stolen From Rwanyarare’s Bank Account as Court Orders Sale of Cars, Cows to Clear Nakasero Hospital Bill

BETRAYAL! Sh2.2Bn Stolen From Rwanyarare’s Bank Account as Court Orders Sale of Cars, Cows to Clear Nakasero Hospital Bill

Shock and disbelief have engulfed the family of veteran UPC titan Dr. James William Rwanyarare after it emerged that a staggering Sh2.2 billion vanished from his bank account while he lay mentally ill and incapacitated at Nakasero Hospital.Family insiders

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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv

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Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, has visited the National Agricultural Research Organisation (NARO) Anti-Tick Vaccine facility at Nakyesasa to assess readiness and requirements ahead of its upcoming commercial production.Dr Ggoobi was guided

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Malawi launches twice-yearly HIV jab

Malawi launches twice-yearly HIV jab

Malawi yesterday launched Lenacapavir, a twice-yearly injectable HIV prevention medicine amid reflections on whether the country can sustainably finance emerging technologies in the face of waning donor support.Pharmacy and Medicines Regulatory Authority (PMRA) and National Aids Commission

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Anne Juuko resigns from Standard Bank Group

Anne Juuko resigns from Standard Bank Group

Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee

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