Business •
                  03 Nov '25
                
                
                ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.The O
                
               
             
                      
              
                
              
              
                Business •
                  03 Nov '25
                
                
                Life is full of moments where the wrong choice feels incredibly right. These temptations often whisper seductive promises: instant relief, avoided conflict, immediate satisfaction.But the thing about tempting choices is that they often lead us exactly where we don’t want to go
                
               
             
                      
              
                
              
              
                Business •
                  03 Nov '25
                
                
                How government’s borrowing spree is leaving citizens bearing the  country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn
                
               
             
                      
              
                
              
              
                Business •
                  02 Nov '25
                
                
                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 
                
               
             
                      
              
                
              
              
                Business •
                  02 Nov '25
                
                
                Denis Tukahikaho Ph.D.  is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
                
               
             
                      
              
                
              
              
                Business •
                  02 Nov '25
                
                
                By close of business on Friday, police had retrieved four bodies of men from Nakivubo Channel in downtown Kampala. The victims are suspected to have died in the morning downpour that caused severe flooding across the city.According to Deputy Kampala Metropolitan Police Spokesper
                
               
             
                      
              
                
              
              
                Business •
                  01 Nov '25
                
                
                Moving around several areas in Kampala with the onset of the rainy season has become very troublesome because of the ongoing road construction works. From Bwaise in Kawempe to Gaddafi Road in Old Kampala, and several other parts of the city, road projects are underway.While cons
                
               
             
                      
              
                
              
              
                Business •
                  01 Nov '25
                
                
                Parts of downtown Kampala turned into a shallow lake this morning after heavy rains unleashed flash floods that swept through shops, streets, and the new taxi park, reigniting public fury over the controversial Nakivubo Channel redevelopment. Traders watched helplessly as their merchandise floate
                
               
             
                      
              
                
              
              
                Business •
                  31 Oct '25
                
                
                The Ugandan government says construction of the Kabalega Industrial Park in Kabaale Sub-County, Hoima District, will begin in 2026. Spanning nearly 30 square kilometres, the park is expected to bolster the country’s emerging oil and gas sector and create more than 35,000 jobs. The project forms
                
               
             
                      
              
                
              
              
                Business •
                  31 Oct '25
                
                
                The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform