Uganda Shilling weakens 0.7% against Dollar on higher forex demand
The Ugandan shilling depreciated by 0.7% against the US dollar in August 2026, as increased demand for foreign exchange from ...
Tag: energy sector Uganda
UEDCL launches shs16bn Nkenda–Ishaka project to improve power reliability in Rwenzori region
The Uganda Electricity Distribution Company Limited (UEDCL) has launched a Shs16 billion project aimed at strengthening electricity distribution and improving ...
Masaka Road corridor set for improved power supply after UEDCL completes Maya substation integration works
Electricity consumers along the Masaka Road corridor are expected to experience improved and more reliable power supply following the commissioning ...
Absa secures shs11bn facility to boost clean energy financing in Uganda
Absa Bank Uganda has entered into a partnership with the Uganda Energy Credit Capitalisation Company (UECCC), securing a Shs 11.085 ...
We are not hoarding fuel, blame Middle East conflict for price hikes – oil companies say
Oil marketing companies have dismissed claims that they are exploiting current geopolitical tensions by hoarding fuel and charging exorbitant prices. ...
TotalEnergies expands LPG capacity with modernised plant in Jinja
TotalEnergies Uganda Limited has commissioned a newly revamped Liquefied Petroleum Gas (LPG) filling and storage plant in Jinja, in a ...
Power outages to continue as Umeme transition advances, says gov’t
As complaints about power outages in Uganda continue to rise, the Minister of Energy Ruth Nankabirwa has urged Ugandans to ...
Govt seeks shs700bn loan from Stanbic for Umeme buyout
The Ugandan government will later today seek parliament’s approval to borrow shs700 billion($190 million) Stanbic Bank to facilitate the buyout ...
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