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 fore...
News discovery
Find the stories that matter to you.
Results for
49 found
“Fuel Prices”
Uganda budget: 199 oil wells drilled as country nears first oil
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has d...
Oil pipeline layoffs signal job cuts surge in sector
As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety...
Fuel-Saving German Tech Comes to Uganda amidst Rising Prices
A German-Engineered fuel-saving technology, Fuel Eco Tec (FET), has entered the Ugandan market targeting motorists stretched by high fuel consumption. FET is designed to...
Museveni to outline vision for 7th term in State of Nation Address
When President Museveni delivers the State of the Nation Address on Thursay, Ugandans will be listening keenly for the direction he plans to steer the nation in the first...
FDC Blames Government Over Rising Fuel Prices
The Forum for Democratic Change has accused the government of failing to prepare Uganda for fuel supply shocks, calling for emergency tax waivers and restoration of natio...
Govt Assures Luweero District Headquarters Completion by January 2027 Despite Rising Construction Costs
Government has reaffirmed its commitment to completing the Luweero District headquarters by January 2027, despite increasing construction costs driven by rising fuel pric...
New PAYE direction raises more questions than answers
There is a silent frustration growing among Ugandan employees. Not because people do not want to pay taxes.Most salaried workers already understand that taxation is part...
Calm but tense mood engulfs Kampala as Museveni sworn in for new term
Kampala wore an unusually calm face on Tuesday as President Yoweri Museveni was sworn in for a seventh term, with reduced business activity, light traffic and heavy secur...
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 expect...