Mr President, thanks a lot for the first Karamoja factory
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a...
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Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of loc...
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 acceler...
Ugandans go for African contracts as first oil drop nears
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro te...
Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory
President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Ph...
Govt Warns Fuel Dealers Against Hoarding as Prices Surge
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 cos...
Uganda Nears First Oil as Projects Reach Completion
Uganda is approaching what officials describe as a decisive phase in its petroleum journey, with major oil infrastructure projects reporting near-completion ahead of expe...
Uganda’s petrol will last 19 days, government says
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy...
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...
Bank of Uganda launches three-year pilot to buy domestic gold for reserves
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 d...