Uganda signs $2bn deal to boost oil infrastructure
Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’...
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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 loa...
Crushed by punishing US sanctions, Russia’s Lukoil sells its international business.
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sel...
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...
Road to Uganda’s first oil: Kingfisher likely to be starting point
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipe...
Why Uganda’s oil refinery remains behind schedule
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.De...
15 Wives, 30 Kids, 100 Servants: African King’s Entourage Locks Down Abu Dhabi Airport!
When this king touched down with an entourage of over 140, Abu Dhabi Airport went into lockdown. What followed felt unrealKing Mswati III of Eswatini caused a lockdown at...
Former UNRA staff to sue government over terminal benefits
The Industrial Court has given the green light to six former Uganda National Roads Authority (UNRA) employees to pursue legal action against the government on behalf of 1...
Civil Aviation HR Boss Thrown In Luzira Over Shs14m Payroll Fraud Scandal
ennifer Etit Okaka, the Human Resource Manager at the Uganda Civil Aviation Authority (UCAA)The Anti-Corruption Court in Kampala has formally charged Jennifer Etit Okaka...
Empire in the Sky: How Africa’s Digital Future Is Being Colonised Again
It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A...