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Unoc starts discharging 100 million litres of fuel

Unoc starts discharging 100 million litres of fuel

Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o

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Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully terminated” a railway concession agreement.The dispute arises from a regional

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Mash East Africa Driver Captain Nassor Magram Dies on Jinja–Kampala Route, Body Repatriated to Kenya

Mash East Africa Driver Captain Nassor Magram Dies on Jinja–Kampala Route, Body Repatriated to Kenya

Uganda’s long-distance transport sector is mourning the sudden death of Captain Nassor Magram, a Mash East Africa driver who passed away on Thursday while operating along the Jinja–Kampala route. His body was later transported to Kenya the same night, before being moved to Nairobi for

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Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

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

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Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Landlocked Uganda Beats Europe, East Africa on Fuel Prices

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

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Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda said on Thursday it had appointed Citibank to mobilise financing needed to fund the country's planned 2.7 billion ‌euro ($3.19 billion) Standard Gauge Railway (SGR) project.In a post, opens new tab on the X platform, the East African country's finance ministry said Uganda is "in t

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Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic

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Uganda rejects Kenya's request to access its fuel reserves

Uganda rejects Kenya's request to access its fuel reserves

Reports from Kenya say Nairobi had asked to tap Uganda’s petrol stocks as a temporary measure and promised to replace the fuel once delayed shipments arrived.Uganda rejected a request by Kenya to access fuel reserves held in the Kenya Pipeline Company network.The move is reported

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Uganda set for showdown talks with Vitol as global oil disruptions bite

Uganda set for showdown talks with Vitol as global oil disruptions bite

The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan

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Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Museveni explained that Uganda’s roads currently carry passengers, light cargo, heavy goods and petroleum products at the same time, creating congestion and inefficiency.President Yoweri Museveni has said Uganda is moving toward a shift in its transport system, where heavy cargo and fuel

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