President Museveni Open Tembo’s Second Steel Plant in Iganga
President Museveni promised to lower the higher taxes on investors during the launch in an effort to increase sector revenue.
President Museveni Restates the Prohibition on The Export of Raw Minerals
The president underlined that miners who want to export raw minerals should not be granted permits by the Ministry of Energy and Mineral Development. Rather, permits ought to be given only to regional producers who enhance these resources.
Kyambogo University and EACOP Sign an MOU
Kyambogo, January 17, 2025: On behalf of its suppliers and contractors, EACOP signed a Memorandum of Understanding (MoU) with Kyambogo University. The MoU will offer a framework to direct cooperation between the two sides in order to make the National Content Capacity Building projects a reality. A project business called East African Crude Oil Pipeline […]
President Museveni to Commission New Mirama-Kabale Transmission Line
Henry Musasizi, the state minister of finance, says that the 134kv substation will supply all the electricity required for manufacturers, removing any barriers for business owners who are reluctant to establish their operations in the region.
Bunyoro Pledges Support for Kasurubani Oil Exploration
On Tuesday, January 7, leaders of the Bunyoro-Kitara kingdom met with representatives of the Uganda National Oil Company (UNOC) to talk about plans for oil and gas development in the Kasurubani oil block, which is situated in the districts of Hoima and Buliisa. The gathering, which took place in the Kingdom’s Hoima City headquarters, was […]
Era Says Electricity Rates Will Drop By 5.2%
The Electricity Regulatory Authority (ERA) declared that most consumer categories would see a reduction in electricity rates beginning in January. Speaking to reporters on Friday, Dr. Sarah Kanaabi Wasagali, the chairperson of the ERA, announced a 5.2% cut for the January–March first quarter of the new year. Commercial customers will now pay shs575.2 per unit […]
A New E-Bike Battery Switching Station Is Installed in Kampala
On December 11, 2024, the first electric bike battery-swapping station was opened in Kampala’s central business area by the energy ministry in partnership with Spiro Uganda.
Young People from Bunyoro Were Cautioned Against Undermining Oil and Gas Operations
Youth from Bunyoro have been cautioned against being utilized to sabotage the region’s continuing oil extraction efforts.
Uganda’s Oil Production Journey Is on Track
With estimates showing that Uganda might earn up to $2 billion a year from taxes, royalties, license fees, profit oil, and its guaranteed participation in upstream oil projects, the government intends to use oil earnings to diversify the economy.
The Government Allows Petroleum Exploration in New Frontier Basins
In an effort to bolster the country’s petroleum reserves and develop its infrastructure for oil production, the government has declared the opening of three additional frontier basins for petroleum exploration.