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Ray of hope as gold lifts export earnings

Gold exports lifted up foreign exchange receipts in March and April, which could suggest an end to a long standoff between government and dealers ove…

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business

95 percent of employees in oil and gas are Ugandans, says PAU

At least 95 percent of people employed in the oil and gas sector are Ugandans, according to the Petroleum Authority of Uganda (PAU). PAU, which is m…

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business

Total sets July for drilling as 2025 first oil deadline looms

Total Energies is racing against time to deliver first oil in 2025, and is expected to begin oil drilling operations next month after confirming that…

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business

Uganda spends Shs767b on gold imports, URA data shows

Uganda spent Shs766.89b on gold imports in 2022, according to data from Uganda Revenue Authority (URA). Data contained in the URA May Annual Import …

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