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,
The Affordable Housing Project promised dignity and stability for Kenya’s urban poor, yet gaps in delivery are fast exposing cracks in what was once hailed as a groundbreaking social revolution.In Nairobi’s New Mukuru Housing Estate, residents who once lived in congested shacks now enj
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
Carved into the rugged cliffs of the Bolivian Andes, the North Yungas Road has earned an ominous nickname: the "Death Road." This 64km stretch links the capital city of La Paz to the lush Yungas region, plunging from high-altitude plateaus into dense rainforest. For decades, it has been notorious
Manchester United are ready to fast-track Rasmus Hojlund's eventual sale to Napoli and sell the Danish forward to the Serie A champions when the January transfer window opens. Hojlund, who joined United from Atalanta in 2023, has hit the ground running for Antonio Conte's side since moving on loa
Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, convenient, and low-cost met
A person in a yellow coat and pink backpack stands on a road, waving to a group of people in the distance who appear to be waving back. The scene is outdoors on a cloudy day.It’s said that people come into our lives for a reason, a season, or a lifetime. Some friendships will last until
A distinguished older man with a dramatic white beard and styled hair wears a thick, luxurious fur coat and a heavy chain necklace, gazing upward against a clear turquoise sky.Many of us are chronic over-apologizers. For some, it’s due to people-pleasing or the aftermath of having dealt
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
