While commemorating the Bastille Day on July 12 2024 H.E. Xavier Sticker the Ambassador of France to Uganda announced that French Firms are to invest over $4b in Uganda, to …
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How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
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Uganda plans to construct an oil refinery capable of processing 60,000 barrels of oil per day in Kabaale, Buseruka Sub-County in Hoima District. The project encompasses several components, including the …
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In the coming 12 months, various reputable sources have projected Uganda’s growth rate at between 4.7% and 6.8%. Taking the best scenario, economic growth will be faster than the sub-Saharan …
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Uganda has filed a case against Kenya at the East African Court of Justice over Kenya’s refusal to grant a license to Uganda National Oil Company (UNOC) to operate in …
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Uganda will from January 1, 2024 stop buying fuel from Kenyan firms after it entered into an agreement with a foreign firm, Vitol Bahrain to supply Uganda with its entire …
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The Ugandan government is currently in the process of finalizing a substantial multi-billion-dollar agreement that would confer exclusive monopoly rights to Vitol Inc., a Swiss-based Dutch firm specializing in energy …