Business

President Yoweri Museveni has officially commissioned the start of oil drilling at the Kingfisher oil field that is expected to...

KIKUUBE: Uganda on Tuesday started the drilling of oil for commercial production in the Western Region district of Kikuube on...

Mr JBR Suuza who wrote on behalf Solicitor General asked BoU Legal Counsel Margaret Kasule, for clarity on whether they...

Mr. Pradid Karia, whose family runs city real estate giant -- Property Services Limited -- has dismissed reports that he...

KAMPALA: The Minister for Energy and Mineral Development Hon. Dr. Ruth Nankabirwa Ssentamu on Friday, January 21, 2023, announced that...

The Cabinet has finally given green light to the energy ministry to grant exploration licenses and sign production-sharing agreements (PSA)...

The Government of Uganda has signed a memorandum of understanding (MoU) with a Turkish company to construct the country’s standard...

The Uganda Revenue Authority (URA) may lose Shs2.8 trillion to tax exemptions, credits and deferrals for the financial year 2022/2023....

The government owes Shs2.5 trillion to the Bank of Uganda (BoU) in matured securities after its repayment was disrupted by...

William Sekabembe has been appointed as the acting chief executive officer and managing director of dfcu Bank, replacing Mr Mathias...