EACOP starts 7.5KM road construction to link Hoima oil rich villages
The East African Crude Oil Pipeline (EACOP) Ltd, the company leading the development of Uganda’s crude oil export pipeline, in partnership with Hoima City, has commence...
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Russia determined to remain world’s second-largest arms exporter — official
The 2036 development strategy of Russia’s Rostec state corporation assumes that the country will remain the world’s second-largest arms exporter, Executive Director O...
Kenzo Unplugs from Bebe Cool’s Socket: “I Report Directly to the Big Man”
Eddy Kenzo has turned up the volume… not with a new hit song, but with a bold declaration about his role on Presido, Sevo’s campaign trail.After weeks of whispers abo...
Gold steady amid firmer dollar.
Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while ea...
Emirates, Qatar competition heats up in Uganda.
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the...
Oil set for third monthly decline as strong dollar weighs
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from...
What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prim...
Seoul and Washington Pen $950 Billion Deal.
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront...
Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and ge...
Gold slips as Fed rate caution boosts dollar, set for third monthly rise.
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty ove...