Business •
06 May '26
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
Business •
02 May '26
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
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
Fuel prices in Kampala are on the rise, with pump rates inching upward across the city and its surrounding neighborhoods. Despite recent calls for calm from government officials, motorists and residents are feeling the pinch as the cost of fuel continues to surge.As of April 26, 2026, repo
Business •
27 Apr '26
dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced
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
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
24 Apr '26
Ms Regina Nampiima, a resident of Wamala Mukataba village in Nansana Municipality, Wakiso District whose rental buildings were razed down during the enforcement of the new trade order and road expansion project has cried foul in the demolition exercise.While Nansana authorities claim that
Business •
22 Apr '26
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of