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Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h

Ultimate Uganda

Ugandans go for African contracts as first oil drop nears

Ugandans go for African contracts as first oil drop nears

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).

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€80m double deal on a plate for Man Utd as manager hire advances

€80m double deal on a plate for Man Utd as manager hire advances

Manchester United could sign two players from Roma this summer following an encouraging update, while INEOS have brought forward plans to hire their next permanent head coach.Man Utd look set to make a host of new signings ready for next season, with two central midfielders on their wanted

Ultimate Uganda

Poison Plot Claims Rock Serere as MP-Elect Esther Acom Heads for Swearing-In Amid Tight Security

Poison Plot Claims Rock Serere as MP-Elect Esther Acom Heads for Swearing-In Amid Tight Security

Excitement is steadily building across Serere District as residents prepare for the swearing-in and installation of Woman Member of Parliament–elect Esther Lucy Acom, widely known as Ajokotau.Her victory in the recently concluded elections has energized communities from rural villages to

Ultimate Uganda

Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament has passed the National Teachers Bill after removing one of its most contentious provisions — a clause that would have made a bachelor’s degree in education a mandatory requirement for registration as a teacher in Uganda.The decision, reached after heated debate in the House

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Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Where President Museveni has finally given up on his ruthless girl Among who is sinking under weight of the Americans and British sanctions is a question that carries within it the weight of a verdict already delivered. Anita Among, once the formidable Speaker of the Eleventh Parliament, now appe

Ultimate Uganda

Govt Warns Fuel Dealers Against Hoarding as Prices Surge

Govt Warns Fuel Dealers Against Hoarding as Prices Surge

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

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Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic

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Motor vandalism increases as police intensify theft operations in Albertine

Motor vandalism increases as police intensify theft operations in Albertine

Albertine police PRO, APS Julius Allan Hakiza, told tndNews, Uganda, that it has become a growing trend where thieves have resorted to vandalising vehicles.This, he said, is a growing trend that aims to replace motor vehicle theft in the region.According to him, the transition follo

Ultimate Uganda

Uganda Nears First Oil as Projects Reach Completion

Uganda Nears First Oil as Projects Reach Completion

Uganda is approaching what officials describe as a decisive phase in its petroleum journey, with major oil infrastructure projects reporting near-completion ahead of expected production in the second half of 2026.This was announced ahead of the 11th Annual Oil and Gas Convention (OGC 2026)

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