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 •
25 Apr '26
Fuel prices in Uganda are reaching record highs, with motorists in Moroto, Karamoja reporting pump prices as steep as Shs 20,000 per litre. The spike has triggered long queues at stations in Mbarara, while some outlets in Kampala are running dry. The situation is even bleaker in upcountry regions
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
23 Apr '26
Produce dealers in Nebbi are counting losses as rising fuel prices have forced them to hike the cost of food.Since rising fuel prices have a significant impact on food prices, customers are being forced to move long distances in search for cheaper prices.Some of the traders who ar
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
Business •
22 Apr '26
A growing fuel crisis has gripped Tororo, with many petrol stations running dry, long queues forming at the few operational pumps, and prices rising sharply from Shs5,000 to Shs5,800 per litre.Across the district, several filling stations have gone completely dry, while others remain barel
Business •
22 Apr '26
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
Business •
22 Apr '26
Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral
Business •
21 Apr '26
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest