The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year…
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On Friday, November 15, 2024, Uganda took a significant step toward addressing climate change by launching its Alliance for Climate Forestry Compensation Strategy during the ongoing UN Climate Summit (COP29)…
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Stanbic Bank Uganda, Uganda’s largest bank and a subsidiary of the Standard Bank Group, Africa’s largest banking group has said that it is still doing its own due diligence on…
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2024 will be a defining year for Uganda’s oil sector with several investment deals to be inked as the oil project nears its first oil in 2025. Noteworthy is that…
Equity Bank Uganda and the Uganda National Oil Company (UNOC) have signed a Memorandum of Understanding, to facilitate and strengthen collaboration between the two entities in the areas of financing…
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Uganda National Oil Company Chief Executive Officer Proscovia Nabbanja has been named among oil and gas heavy weights on the continent to watch in 2022. The African Energy Chamber recently…
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Uganda’s long awaited oil and gas final investment decision (“FID”) is expected shortly during this month. The Government of Uganda acting through the National Oil Company (“UNOC”) together with French…
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A pleasant welcome awaits the freshly elected and re-elected members of parliament in an envelope containing nearly $100,000 which they don’t even need to account for. The minister of finance Matia…
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The oil and gas sector in Uganda has been lauded as a good example for countries to follow, due to Uganda’s efforts in promoting a favourable business environment for investment….
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Proscovia Nabbanja, the Chief Operating Officer at the Uganda National Oil Company (UNOC) has been appointed by the board as the interim caretaker CEO. Wholly owned by the Government of…
