Uganda Pushes First Commercial Oil Production Target to June 2027
Uganda’s long-awaited first commercial oil production is now expected by June 2027, after the government again revised its production timeline, raising fresh questions about a project whose delivery dates have shifted repeatedly over the past two decades. The latest indication was given when Finance Minister Henry Musasizi and officials from the Petroleum Authority of Uganda…
Uganda, Nigeria Push for Trade Deals as Business Forum Ends
Uganda and Nigeria have called for stronger private-sector partnerships, increased trade and investment as the two countries seek to deepen economic cooperation following the Uganda–Nigeria Business Forum and Exhibition. The two-day engagement brought together government officials, investors and business leaders from both countries to explore opportunities in trade, industrialisation, technology transfer and joint ventures. During…
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Photos: Uganda-Nigeria Business Forum Ends With Call for Concrete Trade Deals
Minister of State for Foreign Affairs in charge of Regional Cooperation, Hon. Kyeyune, has challenged Ugandan and Nigerian businesses to turn the outcomes of the Uganda-Nigeria Business Forum and Exhibition into concrete trade, investment and business opportunities. The two-day engagement, organised by the Ministry of Foreign Affairs and the Uganda High Commission in Abuja, brought…
New Ethiopian Airlines Area Manager Tadesse Pledges Stronger Uganda-Ethiopia Connectivity
The newly appointed Area Manager of Ethiopian Airlines, Meron Tadesse Mamo, has pledged to strengthen the airline’s contribution to closer people-to-people, tourism and business ties between Uganda and Ethiopia. Meron was appearing at the Hibir Ken, or Unity in Diversity Day, celebration, an event that brought together Ethiopian nationals, people of Ethiopian descent and friends…
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URA Launches NIN-Based Biometric Tax Profiling to Fight Fraud, Tax Evasion
The Uganda Revenue Authority (URA) has started biometric tax profiling using the National Identification Number (NIN) as the government moves to phase out the Tax Identification Number (TIN). The exercise is being led by URA, with the National Identification and Registration Authority (NIRA) providing support mainly in verifying taxpayers’ identity data. It comes just days…
UDB Pledges Shs20 Million to Rwenzori Marathon, Backs Tourism Growth
Uganda Development Bank Limited (UDB) has committed Shs20 million towards the 2026 Tusker Lite Rwenzori Marathon as part of its efforts to support Uganda’s tourism sector and promote investment in the Rwenzori sub-region. The sponsorship was announced on Tuesday at the UDB Head Office in Kampala, where Managing Director Dr Patricia Ojangole handed over the…
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