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Uganda Shilling rebounds as government eyes oil-era forex inflows

Uganda Shilling rebounds as government eyes oil-era forex inflows

Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged

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Uganda’s Pineapple Farmers Break into Global Markets

Uganda’s Pineapple Farmers Break into Global Markets

On 14 May 2026, Uganda marked a historic milestone by flagging-off the inaugural export of 104 metric tonnes of canned pineapple from Deshiburg Factory to ChinaWhen pineapples ripened all at once in Luwero, it often brought anxiety instead of celebration.For pineapple farmer Ms. Jan

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Ukraine retakes 400 square kilometers after Russian Starlink terminals deactivated

Ukraine retakes 400 square kilometers after Russian Starlink terminals deactivated

SpaceX collaborated with Ukraine's Ministry of Defense to shut down thousands of unauthorized terminals, degrading Russian command and control at a critical moment.Starting February 4, 2026, thousands of Starlink terminals operated by Russian forces went dark. In the weeks that followed, U

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Uganda unveils electric bus network in Kampala

Uganda unveils electric bus network in Kampala

Uganda has unveiled its first electric commuter bus service in the capital, marking an early step in a nationwide plan to modernise urban transport and cut emissions through electrification.The service, unveiled by Works and Transport Minister Edward Katumba Wamala, introduces the first op

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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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Traders in Bugolobi Market blame fuel costs for rising food prices

Traders in Bugolobi Market blame fuel costs for rising food prices

Traders at Bugolobi Market in Kampala have raised concerns over the rising cost of fuel, saying it has significantly increased transport expenses and forced them to hike prices of essential goods.The vendors, including food sellers, banana dealers, butchers, fruit traders and boda boda cyc

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In Mbarara, Fuel Is Becoming More Valuable Than Kidney

In Mbarara, Fuel Is Becoming More Valuable Than Kidney

Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic strain as several stations run out of stock.Hundreds of motorists and cyclists on Saturday crowded Shell Ankole in Mbarara C

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Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h

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Fuel Hits Shs 20,000 Per Litre as Gov’t Urges Calm

Fuel Hits Shs 20,000 Per Litre as Gov’t Urges Calm

Fuel prices in Uganda are reaching record highs, with motorists in Moroto, Karamoja reporting pump prices as steep as Shs 20,000 per litre. The spike has triggered long queues at stations in Mbarara, while some outlets in Kampala are running dry. The situation is even bleaker in upcountry regions

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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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