Kenya Pipeline profit rises 13% as company targets regional expansion
KPC is seeking to diversify beyond pipeline transportation and storage as it targets revenue of KSh68 billion ($524.3 million) by the financial year 2030
Section
Extractives
Gold, oil, minerals and mining.
‘First oil’ on course as EACOP gets $2.5 bn loan
EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania…
Big names missing at COP29 in Baku
Several influential world leaders have opted not to attend an action summit this week at the center of climate talks in Azerbaijan. High on the agenda is a deal to boost…
National Mining Company Board inaugurated
The Government has unveiled the Board of Directors for the National Mining Company (NMC) as part of the efforts to enhance its participation in the mining sector.
Namibia to host Afreximbank Trade Finance event
The African Export-Import Bank (Afreximbank), a Pan-African multilateral trade finance institution that aims to promote and finance trade within Africa and between…
Oil pipeline: Court blocks land owners
The Masaka Senior Resident Judge Lawrence Tweyanze has ruled that the government can proceed with the construction of East African Oil Pipeline (EACOP) before the…
Uganda fast-tracking oil refinery deal – Nankabirwa
The Ugandan government is accelerating negotiations with Alpha MBM Investments of the United Arab Emirates to finalize a landmark deal to build a 60,000 barrels-per-day…
Oil refinery deal awaiting FID, says Minister
Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on, Hon. Okasaai Opolot, the State Minister for Energy…
Mukene, fuel top April inflation drivers
The rising prices of fish and fuel were the main drivers of annual inflation as measured by the Consumer Price Index in April, according to the Uganda Bureau of…
Will Wagagai open gold wealth kitty to all citizens?
Uganda is supposedly on the brink of significant economic transformation with the imminent commencement of production at Wagagai gold mining and refining facility in…
NCBA Bank Powers Singleton Golf Challenge Semi Final
The bank injected Shs.60 million in the event in which amateur golfers from Uganda and Rwanda took part
UKETA PARTNERS WITH IBANDA UNIVERSITY TO BOOST ONLINE LEARNING
UKETA, an online Learning platform has partnered with Ibanda University to enhance an alliance aimed at extending the skylines of soft skills education to both students…
Commonwealth Enterprise and Investment Council Chairman Lauds Uganda’s efforts to increase trade and investment within member states
The Chairman of the Commonwealth Enterprise and Investment Council, Lord Jonathan Peter Marland has lauded the government of Uganda’s effort to support trade and…