Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri
Fufa celebrated 100 years of existence on Friday as a prelude to the centurion annual general meeting in Wakiso District. However, Ugandan football history dates back to the 19th century when it was first introduced by missionaries. We dig into this storied past in this timeline of events,
The first fire, whose cause is still under police investigation, destroyed more than 70 semi-permanent houses on Tuesday. A second fire, believed to have been sparked by remnants of the initial blaze, left more than 120 residents without shelter. The affected families are now camping in
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
Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean that the majority of companies and organisations on the Fundâs register, which stands at least 73.8 percent are
Government has said it expects fuel prices to be uniform or have slight variances in about three months, a key discussion point since government took over as the sole importer and supplier of oil products. Responding to Monitor inquiries regarding the slow reduction in fuel costs among b
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
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.
Uganda and Kenya have reignited a 30-year-old plan to build a petroleum pipeline from Eldoret to Kampala, aiming to secure stable fuel supplies and reduce price volatility.Uganda's Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, and other
