Business •
27 Apr '26
Sugarcane farmers and leaders across Kagadi, Kibaale, and Kakumiro districts in Greater Kibaale, Bunyoro sub-region, are increasingly frustrated as continued delays in licensing a proposed sugar factory threaten their livelihoods.Many are reporting heavy losses due to limited market access
Business •
26 Apr '26
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
Business •
26 Apr '26
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
Business •
26 Apr '26
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
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h
Business •
25 Apr '26
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).
Business •
25 Apr '26
President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Phase One of a 6,000-tonne cement clinker production line by Yaobai Cement. The facility is located in Nanduget , Moroto District
Business •
23 Apr '26
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Business •
22 Apr '26
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of