The current rope pulling and shoving offer an insight into what is turning out to be an interesting twist in the exit of Umeme. Until a few days ago, the events…
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Hima Cement investor, Sarrai Group is set to take over and re-develop Kilembe Mines based in Kasese District after signing a new agreement with the government. Hima Cement which is also…
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The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…
Uganda’s central bank, the Bank of Uganda, has its work cut out in implementing its domestic gold purchase programme that was launched in July this year. The Bank’s gold programme…
Billionaire Ugandan businessman, Dr. Sudhir Ruparelia who has made a USD1 billion fortune investing in Uganda since the 1980s, will be a keynote speaker at this year’s, 14th UK-Uganda Annual…
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Chinese lenders are open and willing to discuss financing for the East African Crude Oil Pipeline Project (EACOP), the Chinese Ambassador to Uganda, H.E. Zhang Lizhong, has told Uganda’s President…
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Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th…
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Uganda has extended an oil exploration license to Nigeria’s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic.The permit had…
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This week, Energy Minister Ruth Nankabirwa led top Ugandan energy officials to unveil an ambitious energy transition plan at COP28 in Dubai.The Energy Transition Plan (ETP) targets to ensure that…
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