Oil
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News
Uganda’s recoverable oil reserves rise to 1.65bln barrels
KAMPALA, November 24, 2025 — Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda…
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Commodity prices to hit six-year low in 2026 as oil glut expands
KAMPALA, October 30, 2025 — Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World…
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News
NaSARRI partners with cooperatives to revamp cotton farming
SERERE, October 28, 2025 – The National Semi-Arid Resources Research Institute [NaSARRI] has embarked on a commercial partnership with cotton-growing cooperatives to revitalise the crop, which remains one of Uganda foreign exchange…
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Bank of Uganda report hails national economy amid global uncertainty
KAMPALA, October 25, 2025 — Uganda’s economy has continued to display strong resilience and stability despite a complex and evolving global environment marked by geopolitical tensions, commodity price swings and tight financial…
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News
Farmers call for financial support to acquire irrigation equipment and boost production
KIKUUBE, October 17, 2025 — In a bid to increase agricultural production, rice, and millet farmers in Kikuube and Hoima districts are appealing for financial support from government and development partners to…
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News
Hoima butchers celebrate commissioning of Shs 5bln slaughterhouse
HOIMA CITY, September 18, 2025 — Butchers, and consumers in Hoima City are celebrating the commissioning of a new state-of-the-art slaughterhouse, valued at Shs 5 billion, which promises to significantly improve hygiene…
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News
Uganda’s public debt reaches Shs 116trn but remains sustainable, says minister
KAMPALA, September 15, 2025 – Finance Minister Matia Kasaija has reassured Ugandans that the country’s rising public debt remains sustainable, despite growing concerns over increased government borrowing. Speaking on Thursday at the…
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Uganda’s energy future to take centre stage with UCEM CEO set to speak at AEW 2025
KAMPALA, August 29,2025 — Humphrey Asiimwe, CEO, Uganda Chamber of Energy and Minerals [UCEM] will speak at this year’s African Energy Week [AEW]: Invest in African Energies 2025, which returns to Cape…
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News
Africa’s US$ 100bln Refining Opportunity Unlocks as New Capacity Surges Toward 2030
CAPE TOWN, August 25, 2025 — Africa is set to add 1.2 million barrels per day [bpd] of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according…
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News
Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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