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Uganda receives first batch of pipes for crude oil project

Uganda receives first batch of pipes for crude oil project

Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i

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I will stand again for president in 2026, says Bobi Wine

I will stand again for president in 2026, says Bobi Wine

It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part

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Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B

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Government projects uniform fuel prices by December

Government projects uniform fuel prices by December

Government has said it expects fuel prices to be uniform or have slight variances in about three months, a key discussion point since government took over as the sole importer and supplier of oil products. Responding to Monitor inquiries regarding the slow reduction in fuel costs among b

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Tanzania opposition asks telecoms firm to respond to data-sharing accusation

Tanzania opposition asks telecoms firm to respond to data-sharing accusation

Tanzania's main opposition party has called for telecoms firm Tigo to respond to a former employee's accusation that the company helped the government track the location of an opponent who was later targeted in a failed assassination attempt. A former worker at Tigo's parent company, Mil

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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

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Former Miss Tourism Teso Set to Represent Uganda in Nigeria

Former Miss Tourism Teso Set to Represent Uganda in Nigeria

Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca

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Police Arrest Prominent Tanzanian Opposition Figures Ahead of Planned Protests

Police Arrest Prominent Tanzanian Opposition Figures Ahead of Planned Protests

NAIROBI, Kenya (AP) — Tanzanian police arrested several high-profile opposition figures on Monday, including the chairman and deputy chairman of the country’s main opposition party, CHADEMA. The arrests came ahead of planned protests against what the party alleges is a government crackdown on it

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Fighting Eacop is a lost cause

Fighting Eacop is a lost cause

At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy

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