business

The Kampala Capital City Authority (KCCA) has launched the construction of the multi-billion-shilling Ggaba Market in Makindye Division under the $162.64 million GKMA-UDP, delivering specialized cold-storage facilities for fish mongers, over 700 trading stalls, and a dedicated day-care center to accommodate relocated street vendors within two years.

Uganda has opened a three-day diplomatic review in Kigo to demand stricter accountability, institutional follow-up, and measurable commercial results from its overseas missions, following a historic surge in national export revenues to US$15.8 billion.

A Ugandan delegation led by Trade Minister Hon. Sanjay Tanna held bilateral talks in Nairobi with Kenya’s President William Ruto and Cabinet Secretary Lee Kinyanjui to address non-tariff barriers, accelerate industrial policy harmonization, and boost cross-border trade integration.

Operation Wealth Creation (OWC) has undertaken a comprehensive structural reorganization across its leadership and operational arms to optimize institutional monitoring, supervision, and project delivery, including the creation of a new Directorate of Value Addition and Manufacturing.

The Uganda National Oil Company (UNOC) has selected energy trader Vitol to market Uganda’s newly named crude oil, "Pearl Sweet," ahead of first commercial exports scheduled for early 2027 via the East African Crude Oil Pipeline (EACOP) to Tanga, Tanzania.