Equity Bank Responds to 65 Billion Shilling Fraud Allegations

Equity Bank has commenced investigations into potential fraudulent activities related to its stock loan and agent float financing services. Concerns…

UNOC Seeks USh 550 Billion for New Fuel Storage Terminal

The Uganda National Oil Company (UNOC) has unveiled plans for a new fuel storage facility expected to cost over 550…

TotalEnergies Launches $2.3 Million Centre for Enterprise Development in Uganda

TotalEnergies EP Uganda has inaugurated the Industry Enhancement Center (IEC), a collaborative effort aimed at enhancing the capabilities of Ugandan…

Clarification on Alleged Oil Sales by Ugandan Government

Uganda's government and the Uganda National Oil Company (UNOC) addressed concerns regarding alleged oil sales from the Albertine Graben region,…

Government Pledges First Oil Production by 2025

Colonel Edith Nakalema, the head of the State House Investors Protection Unit (SHIPU), reassured Ugandans of the government's dedication to…

Uganda Shilling: Weekly Performance Analysis

Throughout the week's trading sessions, the Uganda shilling exhibited fluctuations in its value against the US dollar. Thursday's trading saw…