Kampala, Uganda | NEWS CORRESPONDENT | The Deputy Speaker of Parliament, Thomas Tayebwa is confident that oil production will no doubt unlock Uganda’s full economic potential. He said the petroleum sector is a strategic catalyst for the country’s tenfold growth ambition from a $50 billion economy to $500 billion by 2040 …
Read More »Absa, UECCC partnership unlocks Sh11 billion for clean energy financing in Uganda
Kampala, Uganda | NEWS CORRESPONDENT | Absa Bank Uganda has announced a partnership with the Uganda Energy Credit Capitalisation Company (UECCC), securing a Sh11.085 billion concessional line of credit to expand access to affordable clean energy financing and accelerate the adoption of renewable energy solutions in Uganda. The financing agreement, structured …
Read More »More Ugandans take up EACOP jobs as project nears completion
Kampala, Uganda | NEWS CORRESPONDENT | Ugandans are increasingly taking up the majority of jobs on the East African Crude Oil Pipeline (EACOP) project as it moves closer to completion, the company has announced. EACOP Deputy Managing Director, John Bosco Habumugisha, made the remarks while presenting project updates at the …
Read More »Uganda’s financial sector bets on ESG as a gateway to global capital
Kampala, Uganda | THE INDEPENDENT | Uganda’s financial sector is positioning itself for a structural shift toward sustainability-driven finance, with aBi Finance and its partners launching two initiatives that could reshape how banks and microfinance institutions measure risk, attract capital, and compete in a tightening global regulatory environment. Unveiled at Four Points …
Read More »Search for missing Kisubi student yields no results as family waits
Kampala,Uganda | URN | After days of fruitless searching, the parents of Victor Katungi, 12, who vanished from his Kisubi School, now only hope he comes home on his own. It has been seven days since Victor Katungi disappeared from St. Savio Junior Kisubi Primary School around 9 pm on April …
Read More »Gov’t unveils new petroleum policy as industry shifts to production phase
Kampala, Uganda | URN | The Ministry of Energy has launched the National Petroleum Policy 2025, aimed at regulating the oil and gas sector as the country prepares for oil production. Speaking at the 11th Oil and Gas Convention in Kampala on Tuesday, Minister of Energy and Mineral Development, Dr. Ruth Nankabirwa, said …
Read More »SUIDAC program boosts Arua City’s refugee integration initiative
Arua, Uganda | URN | Rising pressure on urban public services in Arua City, driven by increasing numbers of self-settled refugees and other displacement-affected communities, has exposed major gaps in infrastructure, education, and health delivery. City authorities say thousands of refugees are already accessing schools, health centres, and markets—despite not …
Read More »Uganda Immigration arrests 231 foreign nationals in Adjumani, Kampala crackdown
Adjumani, Uganda | URN | The Directorate of Citizenship and Immigration Control (DCIC) has arrested at least 231 foreign nationals in a series of intelligence-led operations conducted in Kampala and Adjumani District over the past two days. According to the Ministry of Internal Affairs spokesperson, Simon Peter Mundeyi, the coordinated …
Read More »Trade Order Chaos: Vendors’ livelihoods hang in the balance
Kampala, Uganda | URN | After months of tense evictions and confiscated merchandise, the Ministry of Local Government has promised a reset. Permanent Secretary Ben Kumumanya told traders’ leaders on Wednesday that government will secure “enough alternative trading spaces” and that enforcement of the nationwide Trade Order operations must be “fair …
Read More »Stanbic incubator farmers secure export deal for European markets
Kampala, Uganda | THE INDEPENDENT | Horticultural farmers in the Bunyoro region have entered a joint venture with local exporter KK Foods to supply fresh produce to Western Europe, including the United Kingdom, in a move expected to boost rural incomes and strengthen Uganda’s presence in international agricultural markets. The …
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