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...
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Busega-Mpigi Expressway project loan approved.
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Ban...
RUBIS Energy Uganda Launches New Service Stations, Commits to National Mobility Investment.
RUBIS Energy Uganda confirmed a significant step in its national expansion strategy with the official launch of 15 new service stations across the country. This strategic...
Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion...
Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by...
How Bitcoin Could Help You Retire a Millionaire
Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able t...
Panic in Russia as 'paranoid' Vladimir Putin fearing a dramatic coup
Russia's Federal Security Service (FSB) has accused the exiled opposition leader Mikhail Khodorkovsky and 22 members of the Russian Anti-War Committee of plotting a coup...
High court awards Shs 10m to man detained beyond 48 hours.
The High court in Kampala has ordered the government to pay Shs 10 million in compensation to a man who was unlawfully detained by police for 10 days without being produc...
The price of gold is skyrocketing
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$...
Kenzo Considers Resignation from Federation Presidency over SACCO Money
Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the...