Business •
15 Jun '26
quiet unease ripples through UNOC as top executives secure five-year contract extensions until 2031, blocking promotion paths for mid-level managers.KAMPALA, Uganda — A quiet unease is bubbling at the Uganda National Oil Company following the extension of contracts for top executives unt
Business •
11 Jun '26
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the
Business •
05 Jun '26
Kampala, Uganda: President Yoweri Museveni has renewed a push to move petroleum transportation off Uganda’s roads and into pipelines, a strategy that could dramatically reduce the number of fuel tankers on the country’s highways.While delivering his State of the Nation Address at Kolol
Business •
13 May '26
NRM supporters in Mbarara marked President Museveni’s swearing-in with colourful processions while urging government to prioritise healthcare, industrialisation, and youth economic empowerment during the new term.As President Yoweri Tibuhaburwa Kaguta Museveni officially took oath for hi
Business •
05 May '26
In mid-April this year, MPs heard the Protection of Sovereignty Bill 2026 read for the first time under Rule 135 (1) of the Rules of Procedure of Parliament.The drafters of the Protection of Sovereignty Bill 2026 intended to enact a law that seeks to provide for the protection of the sover
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04 May '26
President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create
Business •
01 May '26
At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women move from either direction of the road, most of them on foot and a few others on boda bodas, from their respective villa
Business •
24 Apr '26
The government of Uganda has suspended the enforcement of trade order operations across the country following complaints from religious leaders, traders and Members of Parliament over the manner in which the exercise was being carried out.State Minister for Industry David Bahati announced
Business •
23 Apr '26
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Business •
21 Apr '26
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest