Kampala, Uganda | NEWS CORRESPONDENT | Seventy-five years after its first brew, Uganda’s original beer has once again earned international recognition for the consistent quality that has defined Bell Lager for generations. Bell Lager has been awarded a Gold Quality Award at the 2026 Monde Selection Awards, an independent international institute …
Read More »Oil and Gas Countdown: Can black gold deliver promised economic transformation?
NEWS ANALYSIS | URN | Nearly two decades after commercially viable oil was discovered in the Albertine Graben, Uganda is edging closer to a milestone that successive governments have described as transformational. According to recent reports, TotalEnergies indicated that first oil from the Tilenga Project should begin flowing around September …
Read More »Uganda’s Asiimwe wins gold at African Para Archery Championships
Oran, Algeria | URN | Uganda has won its first-ever gold medal at the African Archery Championships after para archer Precious Allan Asiimwe claimed the men’s Para Recurve title at the 15th edition of the continental competition in Oran, Algeria. The historic victory makes Asiimwe Uganda’s first African champion in archery …
Read More »Why Central bank gold holdings are at a 50‑year high
Besides gold being a long-term store of value, the precious metal has been found to provide protection against financial sanctions imposed by Western governments COMMENT | LUKE HARTIGAN | Over the past few years, central banks have been quietly buying up significant quantities of gold. As the trend has …
Read More »Why Washington is chasing the money behind M23 rebels
New American sanctions target the commercial networks that turn Congo’s conflict minerals into global business NEWS ANALYSIS | RONALD MUSOKE | For years, eastern Democratic Republic of Congo’s wars have been fought with rifles, rockets and militias. Increasingly, however, Washington believes the conflict is being sustained somewhere else …
Read More »Inside Museveni’s 2026 SONA
From a business and economy perspective, the president bets on growth, demands delivery Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni used his 2026 State of the Nation Address (SONA) to present a largely economic scorecard of Uganda’s transformation journey, highlighting strong growth in GDP, exports, agriculture, manufacturing …
Read More »Africa turns gold refineries into reserve diversification engines
African central banks are increasingly linking domestic gold refining to reserve management as countries move to retain more value from minerals. The shift reflects a broader effort to diversify away from foreign currency assets while strengthening local supply chains. SPECIAL REPORT | BIRD AGENCY | Uganda’s foreign exchange …
Read More »Uganda’s export earnings surge 63% driven by gold, coffee
KAMPALA, UGANDA | Xinhua | Uganda’s export earnings for the year ending February 2026 grew by 63 percent largely due to gold and coffee, a new report said here Saturday. The Performance of the Economy Report for March 2026 issued by the Ministry of Finance, Planning and Economic Development showed …
Read More »BoU taps local refinery in push to build gold reserves
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has signed a contract with Euro Gold Refinery to supply gold under its Domestic Gold Purchase Programme, marking a shift toward local value addition as the central bank moves to strengthen its reserve base. The agreement follows the central bank’s decision to directly purchase gold …
Read More »From Goldfields to Ghost Revenues: What Tanzania gets right that Uganda still struggles with
Kampala, Uganda | URN | Uganda may soon establish mineral markets as part of the efforts to ensure that the minerals produced in the country benefit the economy and Ugandans in general. While the country is endowed with vast mineral resources, including gold, lithium, copper, and rare earths, among others. …
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