The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
Fresh revelations have emerged about the identities of at least 16 Nigerian military officers currently being detained over an alleged plot to overthrow the government.According to reliable military sources, fourteen of the detained officers are from the Nigerian Army, while two others ser
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u
A Kumasi High Court has thrown out an injunction application seeking to stop the burial and funeral of celebrated highlife musician Charles Kwadwo Fosu, popularly known as Daddy Lumba.The application was filed by Madam Akosua Serwaa Fosu, who claims to be the late musician’s legally wedd
Dear Parents, Students, Stakeholders and the entire public, Kampala International University has noted with concern the ongoing media engagements relating to the state of affairs in the university. The major issues of contention include students’ tuition payment policy, academic issues and welf
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 in western
The crash occurred at around 9:00 p.m. on Tuesday near the Weighbridge Station in Luwero Town Council. It involved a bus heading to Kampala from Gulu, registration number SSD 251Z, and a truck, registration number UAV 190Q, traveling in the opposite direction.Three members of the same fami
Arsenal will face Crystal Palace in a London derby in the quarter-finals of the Carabao Cup, while Chelsea travel to Cardiff.Manchester City have been drawn against Brentford, while holders Newcastle are at home to Fulham.Last-eight ties will be played before Christmas in the week b
RUBIS Energy Uganda confirmed a significant step in its national expansion strategy with the official launch of 15 new service stations across the country. This strategic investment is designed to modernise Uganda’s energy and mobility infrastructure, focusing on delivering enhanced value, effi
