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Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

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PAU’s decade of growth powers Uganda’s $15 billion oil projects

PAU’s decade of growth powers Uganda’s $15 billion oil projects

ENTEBBE – The Petroleum Authority of Uganda (PAU) is marking ten years of regulating the country’s oil and gas sector, a milestone that Executive Director Earnest Rubondo describes as a decade of steady growth, institutional strengthening and careful stewardship of Uganda’s petroleum resour

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Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than

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UWA’s Revenue Sharing Standoff: Local Governments’ Accountability Issues Halt Funds for Communities

UWA’s Revenue Sharing Standoff: Local Governments’ Accountability Issues Halt Funds for Communities

The Uganda Wildlife Authority (UWA) has revealed that Queen Elizabeth National Park in Western Uganda is currently is stuck with One Billion, Five Hundred Million Shillings (Shs 1.5Bn) due to local governments’ failure to account for funds allocated during the financial year 2023/2024.Ea

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All about Czech National Bank’s first $1M crypto purchase

All about Czech National Bank’s first $1M crypto purchase

CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with

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Trump to host his first summit with Central Asian leaders

Trump to host his first summit with Central Asian leaders

US President Donald Trump will host all five Central Asian leaders in Washington on Thursday for the first time, a few months after they held separate summits with Russia’s Vladimir Putin and China’s Xi Jinping.The West has upped its interest with the resource-rich region, where Moscow

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Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local entrepreneurs to strategically p

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Russian cardiologist shares 5 ‘normal’ things people do daily that secretly damage heart and body: ‘Too much sitting…’

Russian cardiologist shares 5 ‘normal’ things people do daily that secretly damage heart and body: ‘Too much sitting…’

We often overlook small habits that quietly harm our bodies. A Russian cardiologist shares 5 everyday behaviours that could be slowly ruining your health.We often think major health issues strike out of nowhere, but the truth is, it's the little things we do every day that quietly take a t

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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

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

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Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

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 6.4 billion,

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