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.
Deputy Speaker Tayebwa: The Mining Sector in Uganda Is Expanding Gradually
Thomas Tayebwa, the deputy speaker of parliament, stated that both domestic and foreign investors are becoming more interested in Uganda’s mining sector, which is expanding gradually.
Complete Electricity Subsidies for Important Industries
Along with his junior minister Evelyn Anite, Minister of Finance, Planning, and Economic Development Matia Kasaija has advocated for the extension of full electricity subsidies to important manufacturing industries.
Milestones in Uganda’s Oil and Gas Sector Are Approaching
According to the Ministry of Energy and Mineral Development, all necessary infrastructure is almost finished, which would allow Uganda’s oil and gas industry to be commercialized.
110 Ugandan Truck Drivers Are Trained by CNOOC In Employable Skills for The Oil Industry
As part of the program, 110 drivers received professional training, certification, and licensing to operate rigid trucks (class CM license) or heavy goods trucks and trailers (class CH license) in compliance with East African community curricula.
President Museveni commissions a new 132kV power line, connecting West Nile to the national grid.
President Museveni recounted that upon the National Resistance Movement (NRM) taking office, Uganda’s only power source was Owen Falls Dam with a generation capacity of 150 megawatts, of which only 60 megawatts were operational due to turbine limitations.