KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea
Karuhanga is, among others, a founding partner of one of Uganda’s foremost law firms and chair of bodies such as the Uganda Chamber of Mines & Petroleum and the Private Sector Foundation Uganda, Ugandan lawyer and business figure Elly Karuhanga, recognised as one of the country’s m
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St
Simon Mungudit has emerged as the best performing male student in the Sciences at Makerere University and is set to graduate during the University’s 76th Graduation Ceremony, scheduled for 24–27 February 2026.At just 24 years old, Mungudit, a student from the College of Natural Science
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De
President Yoweri Kaguta Museveni has commissioned PRO Industries Pte Limited’s ethanol and extra-neutral alcohol (ENA) manufacturing plant in Ndibulungi Village, Luwero District, marking a major milestone in Uganda’s agro-industrial growth.The state-of-the-art facility positions Uganda
Uganda faces a multibillion-dollar deadlock as charcoal remains the primary fuel for 82 percent of Kampala households.KAMPALA, Uganda — Behind the heavy scent of woodsmoke that hangs over Kampala every evening lies a multibillion-dollar economic deadlock. Despite a flurry of executive or
Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co
