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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l

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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

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URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes. They are charged with obtaining money by false pretense and, manipulation of customs documentation and export entries to defrau

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From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

In the unpredictable contest for Jinja City South West Constituency, where 10 candidates are vying for the sole seat, Bernard Mbayo, the current Speaker of Jinja City Council emerges as a dark horse.Mbayo is also a member of the National Executive of the Urban Authorities Association of Ug

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Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks ...Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore

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China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resources confirm

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Museveni commissions Shs180b Dei Biopharma Starch Plant in Kamuli

Museveni commissions Shs180b Dei Biopharma Starch Plant in Kamuli

President YKT Museveni commissioning a Shs180.49 billion starch processing plant in Namasagali Sub-county, Kamuli District.President Yoweri Museveni on Thursday, November 20, commissioned a Shs180.49 billion starch processing plant in Namasagali Sub-county, Kamuli District.The new f

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Museveni Flags off Uganda’s First Dried Chili Consignment to China

Museveni Flags off Uganda’s First Dried Chili Consignment to China

President Museveni accompanied by First Lady Janet Museveni flags off Uganda's first batch of chili containers to the Chinese market during a function held at Namasagali on Thursday. PPU PhotoOn Thursday, 20th November, 2025, Uganda marked a major milestone in its agricultural export ambit

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Gold rally runs out steam amid firmer dollar

Gold rally runs out steam amid firmer dollar

Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.

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