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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 asse

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he

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Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are we

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Nyege Nyege kicks off amid heightened security, expanded tourism offerings

Nyege Nyege kicks off amid heightened security, expanded tourism offerings

The four-day music and culture spectacle will run through to Sunday, 23rd November, promising thousands of attendees an elevated experience.The 10th edition of the Nyege Nyege Festival kicks off today, Thursday at Adrift Uganda, on Kalagala Falls.The four-day m

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TotalEnergies Sued in Uganda Over Failure to Pay Contractor Who Cleaned Up ‘Heavily Contaminated’ Fuel Depot in Kampala

TotalEnergies Sued in Uganda Over Failure to Pay Contractor Who Cleaned Up ‘Heavily Contaminated’ Fuel Depot in Kampala

Because Kampala’s aquifer system lies directly beneath the industrial area, the suit suggests the contaminants may have seeped further, potentially threatening the water table that serves millions of Kampala’s residentsFrench firm, TotalEnergies Marketing Uganda Ltd., is being sued in

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Former UCDA executive director is dead

Former UCDA executive director is dead

Dr Emmanuel Lyamulemye, the former executive director of the Uganda Coffee Development Authority (UCDA), is dead.Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries, announced his death on X.“I learnt this morning with deep sorrow abou

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East Africa: Fish Farming Is Booming in Lake Victoria, but Pollution and Disease Are Wiping Out Millions. How to Reduce Losses

East Africa: Fish Farming Is Booming in Lake Victoria, but Pollution and Disease Are Wiping Out Millions. How to Reduce Losses

Aquaculture - the farming of fish and other aquatic organisms - is the world's fastest-growing food production system.The sharpest growth in aquaculture is happening in Africa. Average annual growth rates have exceeded 10% in recent years measured by production value.

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Queries as Nyamutoro is Declared Unopposed; NUP Candidate Disqualified

Queries as Nyamutoro is Declared Unopposed; NUP Candidate Disqualified

The Electoral Commission’s decision to nullify the nomination of NUP’s Mercy Rebecca Abedican and declare Minister Phiona Nyamutoro elected unopposed has triggered sharp debate over the integrity of Uganda’s nomination verification system and its implicati

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New roadmap to drive growth and transformation in agriculture

New roadmap to drive growth and transformation in agriculture

A Science, Technology and Innovation Roadmap for Agriculture, being developed by the Department of Science, Technology and Innovation in partnership with the Food and Agriculture Organization of the United Nations, is expected to be completed by end-September 2026.New roadmap to

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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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