Search Results

Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently handles about 90% of Uganda’s fuel imports, making it critical to the country’s energy securityKenya plans to list the

Ultimate Uganda

South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

Ultimate Uganda

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

Ultimate Uganda

Uganda: Museveni Has Lost Buganda, Says Democratic Front Spokesperson, Moses Kasibante

Uganda: Museveni Has Lost Buganda, Says Democratic Front Spokesperson, Moses Kasibante

The Spokesperson of the Democratic Front (DF), Moses Kasibante, has declared that President Yoweri Museveni has irreversibly lost political support in Buganda, stating that no amount of messaging or political maneuvering can change the prevailing sentiment in the region.Speaking during NBS

Ultimate Uganda

Joseph Sewungu Goes Bare Knuckles on Frank Gashumba After Kalungu West Attack

Joseph Sewungu Goes Bare Knuckles on Frank Gashumba After Kalungu West Attack

Kalungu West MP Joseph Gozanga Sewungu has fired back fiercely at Frank Gashumba following sharp criticism on radio, accusing the outspoken activist of gambling, conmanship, and seeking handouts.Joseph Sewungu Goes Bare Knuckles on Frank Gashumba After Kalungu West AttackRead: 11 ti

Ultimate Uganda

Achieving lasting remission for HIV.

Achieving lasting remission for HIV.

Around the world, some 40 million people are living with HIV. And though progress in treatment means the infection isn’t the death sentence it once was, researchers have never been able to bring about a cure. Instead, HIV-positive people must take a cocktail of antiretroviral drugs for the rest

Ultimate Uganda

Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Some holders have migrated to a relatively secure address format called Segwit.Bitcoin quantumQuantum computing has made some progress, but not to the extent that it could pose a threat to the Bitcoin network and related wallets.According to Adam Back, CEO of Blockstream and

Ultimate Uganda

Uganda Election - Museveni Will Win, but the Landscape Has Changed Since His Last Victory.

Uganda Election - Museveni Will Win, but the Landscape Has Changed Since His Last Victory.

On the eve of Uganda's 2021 presidential election, it was clear that regardless of how Ugandans voted, the incumbent, Yoweri Museveni, would most likely be declared the winner. Amid mounting repression, accusations of vote rigging, and an internet blackout, that is exactly what transpired. Museve

Ultimate Uganda

BREAKING: AFC/M23 Rebels Announce Withdrawal from Uvira After U.S. Pressure on Rwanda

BREAKING: AFC/M23 Rebels Announce Withdrawal from Uvira After U.S. Pressure on Rwanda

Congo’s M23 rebel group said on Monday it would “unilaterally withdraw” its forces from the strategic eastern city of Uvira, following what it described as a request from United States mediators, in a move analysts say may reflect mounting pressure on Rwanda amid threats of U.S. sanctions.

Ultimate Uganda

Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle

Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle

Reliable sources have revealed that at a recent strategy revision meeting in one of the Ugandan Cities in the Eastern part of the country, PLU strategists agreed on the need to make some apex-level changes in the top leadership in order to re-invigorate and ampl

Ultimate Uganda