Economy
Latest breaking news, updates, and top stories.
UGANDA'S OIL SECTOR HAS ENTERED ITS FINAL STRETCH TOWARD COMMERCIALIZATION WITH FIRST COMMERCIAL CRUDE OIL EXPORTS FIRMLY SCHEDULEDTO BEGIN IN OCTOBER 2026
The Petroleum Authority of Uganda (PAU) has set a strict technical completion deadline for all upstream operations and infrastructure, mobilizing joint venture partners TotalEnergies, CNOOC, and the Uganda National Oil Company (UNOC) to hit this monumental deadline. The country holds roughly 6.5 bi...
Read Full Story →US SANCTIONS RWANDA GOLD REFINERY ACCUSED OF SMUGGLING DR CONGO'S MINERALS
The US has sanctioned a major gold refinery in Rwanda and two of its executives, accusing them of smuggling minerals from rebel controlled areas of ne...