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…
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…
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…
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…
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…
Lawmakers have said that corruption and connivance are to blame for the shutdown of Isimba hydropower plant. The Members of Parliament were responding to the statement by the Minister of…
The East African Crude Oil Pipeline Company (EACOP) Ltd, the firm spearheading the development of Uganda’s crude oil export pipeline, has applied for a construction license. A construction license will…
Households, Educational institutions and Commercial enterprises are set to benefit from a new clean energy financing product from Equity Bank Uganda that will enable them acquire clean energy technologies for…
By Dr. Jane Nambakire Mulemwa Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the…
