Business •
03 May '26
Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust
Business •
02 May '26
On a quiet street in Kira, Wakiso District, a furnished apartment sits behind a high wall, complete with security guards, Wi-Fi and a caretaker on call.Inside, it looks no different from a hotel suite, with clean sheets, a stocked kitchen, and a welcome note for guests. But unlike a hotel,
Business •
01 May '26
Gulu District Local Government has allocated the largest share of its 2026/27 draft budget to the education and sports sector, indicating a strong focus on human capital development.The district council approved the draft budget during its 6th session of the 11th council on Thursday, setti
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
27 Apr '26
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
Business •
26 Apr '26
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Business •
25 Apr '26
Fuel prices in Uganda are reaching record highs, with motorists in Moroto, Karamoja reporting pump prices as steep as Shs 20,000 per litre. The spike has triggered long queues at stations in Mbarara, while some outlets in Kampala are running dry. The situation is even bleaker in upcountry regions
Business •
24 Apr '26
At 25, Mary Ashley Ainomugisha is sure of herself, her body, and the life she wants to lead. A self-proclaimed feminist, she describes herself as an online activist for women’s rights and health. While society expects a young woman her age to be looking forward to the lifelong goals of m
Business •
22 Apr '26
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
Business •
22 Apr '26
Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral