Uganda

The Inspectorate of Government (IG) has directed the immediate interdiction of Uganda National Mining Company (UNMC) Chief Executive Officer Dr. Gerald Banaga-Baingi and Chief Corporate and Legal Affairs Officer Lelia Bwambale to allow investigations into allegations of maladministration, financial mismanagement and abuse of office. In a statement, the Inspectorate said …

By BAZIN MAMBUMINA …as country prepares for first oil exports President Yoweri Museveni names Uganda’s export crude blend ‘Pearl Sweet’, giving the country a global market identity as the US$15 billion Tilenga-Kingfisher-EACOP development enters its final phase towards production and export Pearl Sweet will combine crude from the Tilenga and …

Geological wealth can create the foundation for a mining economy but turning deposits into mines, processing plants and industrial supply chains requires something deeper than mineral potential, long-term capital willing to stay the course. That challenge is increasingly important for Uganda, where recent geological surveys have confirmed commercially viable deposits …

With Uganda’s next phase of economic growth set to depend on doing more with what it already produces, the government is seeking to turn its $69 billion economy into the foundation for a far more ambitious $500 billion future. The economy has expanded from about $50 billion, narrowing the distance …

KAMPALA — Bilateral trade between Uganda and the United Arab Emirates surged to $4.7 billion in 2025, laying the groundwork for a major investment drive as both nations prepare to host their fifth business forum in the Gulf state. The high-level summit, scheduled for October 26 to 29 across Abu …

Several Ugandan investors are exploring opportunities to establish businesses in Namibia, following talks with President Netumbo Nandi-Ndaitwah aimed at strengthening economic ties between the two countries. The delegation is chiefly targeting the energy, agriculture, information and communication technology, youth empowerment and security sectors, with the goal of creating jobs and …

ASX listed Ionic Rare Earths has launched a strategic review of its Makuutu heavy rare earths project in Uganda, held through its 60% owned subsidiary Rwenzori Rare Metals, amid strong inbound interest and a broader Western search for independent sources of medium and heavy rare earths supply. The review will …

Uganda’s Ministry of Energy and Mineral Development has ordered an immediate halt to all gold mining activities in the western district of Kanungu, cracking down on a massive, unlicensed gold rush that officials say has triggered severe environmental degradation, public health risks, and local economic disruption. The suspension targets a …

Blencowe Resources’ Ugandan graphite story keeps building momentum. The London-listed miner has reported further assay results from shallow drilling at its new Beehive deposit, reinforcing the continuity of mineralisation that could materially expand the scale of its flagship Orom-Cross graphite project. Beehive and the neighbouring Iyan deposit are both significant …

Kampala, Uganda – The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The warning emerged …