State-linked infrastructure group targets KSh68bn in annual revenue by 2030 as it seeks to capitalise on East Africa’s growing petroleum trade Nairobi, Kenya | THE INDEPENDENT | Kenya Pipeline Company Plc is seeking to expand beyond its traditional business of transporting and storing petroleum products, targeting annual revenue …
Read More »
The Bank of Uganda cut its growth forecast for the 2026/27 financial year to between 6% and 6.5%, from an earlier projection of 7% to 7.5% Kampala, Uganda | AGENCIES | Uganda’s central bank has raised its benchmark interest rate to 12% for the first time in two …
Read More »
Kampala, Uganda | URN | Eastern Uganda has recorded the highest level of noncompliance among fuel retailers in the country, accounting for nearly half of all violations detected by the Uganda National Bureau of Standards (UNBS) in August 2026. The latest Fuel Quality Monitoring Programme (FQMP) report shows that 58 …
Read More »
Jinja, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned on-site bulk fuel storage and dispensing facilities at Kiira Motors Corporation in Jinja and West International Holding (WIH) Cement in Moroto, in a move aimed at reducing fuel-supply interruptions for two major industrial operations. The installations, which include high-capacity …
Read More »
BRUSSELS | Xinhua | Group of Seven (G7) leaders agreed Friday to release 100 million barrels of diesel and crude oil from emergency reserves in an action coordinated through the International Energy Agency (IEA), as surging fuel prices, disrupted refined-product supplies and threatened U.S. export restrictions added pressure on global …
Read More »
From Shillings 3,400 to Shillings 6,900: Is the ‘Normalised’ Fuel Price Ever Coming Back Down? COMMENT | MORRISON RWAKAKAMBA | When global crude oil prices skyrocket, prices at Ugandan fuel pumps shoot up overnight. When global crude prices plunge, local pump prices barely budge. They settle instead on a …
Read More »
Kampala, Uganda | URN | President Yoweri Museveni has ruled out the transportation of petroleum products across Lake Victoria, warning that an accident involving a fuel vessel could contaminate one of Uganda’s most important freshwater resources. Museveni said Uganda should instead rely on pipelines and railways to move petroleum products, …
Read More »
COMMENT | IVAN DARLINGTON MWEBE | Recent fuel price shocks across East Africa have once again exposed a structural vulnerability the region can no longer ignore. In Kenya, diesel prices have climbed past Ksh 206 per litre, with petrol following closely. In Tanzania, fuel now trades above TSh 3,800 …
Read More »
COMMENT | ALI SSEKATAWA | When President Yoweri Museveni met the Uganda Cranes team following their exit from the AFCON 2025 campaign, he drew on his military experience to deliver a lesson that transcended football. He reminded the players that every force has an Area of Responsibility (AOR) …
Read More »
As the world develops green hydrogen for industries from steel to aviation, Uganda is seeking to turn its renewable energy advantage into a new engine for industrial growth Kampala, Uganda | IAN KATUSIIME | Governments from Europe to Asia are investing billions of dollars in green hydrogen, betting …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
