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Sugarcane farmers decry market crisis as factory plan stalls over license

Sugarcane farmers decry market crisis as factory plan stalls over license

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

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Mr President, thanks a lot for the first Karamoja factory

Mr President, thanks a lot for the first Karamoja factory

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

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Bujagali Energy Limited hailed for maintaining operational standards

Bujagali Energy Limited hailed for maintaining operational standards

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

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Emergency oil drills conducted as readiness hits 99%

Emergency oil drills conducted as readiness hits 99%

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

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Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

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

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Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

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

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Ugandans go for African contracts as first oil drop nears

Ugandans go for African contracts as first oil drop nears

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).

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Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

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

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BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum

BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum

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

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Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

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

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