An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
The Uganda Peoples’ Defence Forces (UPDF) Department of Production has taken a major step toward modernising its agricultural practices following a high-level field demonstration held at the Kabamba Army Farm.The event featured Jo Min Kim, a visiting professor from the University of Toky
New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to
Museveni arrives to meet NRM leaders at Mbale Secondary School grounds on SundayPresident Museveni has urged the National Resistance Movement (NRM) leaders in Bugisu sub-region to remain steadfast, reject what he described as lies and distortions from opposition politicians, and instead ch
US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh
Prison sentences have shadowed some of reggae's biggest names. This is the story of global reggae icons who served time, and how it defined their music and legacy.Global reggae stars who released music from behind barsIncarceration has ended many careers, but for some glo
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe
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
