Energy & Mining
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Back off EACOP, official tells European activists
KIKUUBE– The Deputy Managing Director of the East African Crude Oil Pipeline [ EACOP ], John Bosco Habumugisha has expressed concern over a group of environmental activists from European countries who are…
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Bitature accepts USD10mln loan, says negotiations with Vantage ongoing well
KAMPALA– Kampala businessman, Patrick Bitature has finally accepted that he indeed borrowed US$ 10 million from Vantage Mezzanine Fund in December 2014 and is willing to pay, as negotiations, including arbitration, as agreed…
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Regional hospitals get Shs 2.1bln equipment
GULU – The World Health Organization [WHO] through the Danish government has handed over equipment worth Shs 2.1 billion to boost service delivery in regional referral hospitals. The supplies which include three…
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BoU’s Atingi-Ego shines as women steal show at the African Banker Awards 2022
KAMPALA-Last night the 16th edition of the African Banker Awards Gala Ceremony took place at the Kempinski Hotel, in Accra, Ghana. The event was held under the High Patronage of the African…
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Oil companies take over land for absentee landlords in Bunyoro
HOIMA – Government has okayed the oil companies to use the land purportedly owned by absentee landlords in the oil-rich Bunyoro sub region. Through the Petroleum Authority of Uganda [PAU], government has…
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UIA organises Uganda-DRC Investment Promotion Summit and Market Access Expo
KAMPALA– Uganda’s Ministry of Finance, Planning, and Economic Development, through Uganda Investment Authority [UIA], is organizing the first ever Uganda-Democratic Republic of Congo [DRC]Investment Promotion Summit and Market Access Expo slated for…
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Oil refinery project affected persons get land titles
HOIMA – 73 Kabaale oil refinery project affected persons [PAPs] whose families were displaced as government acquired land for the construction of the oil refinery in Kabaale Sub-county in Hoima district are…
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Bujagali Hydropower project faces forensic audit as it seeks tax exemptions
KAMPALA– The Members of Parliament are immovable on approving tax exemptions for some companies in Uganda Uganda, pending a report on its effectiveness. The MPs instead have allowed a one-year tax exception to…
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EAC needs to create 120mln jobs, think tank says
KAMPALA – The East African Community [EAC] needs to create at least 120 million jobs to take care of its growing young population, Makerere University’s Economic Policy Research Centre [EPRC] researchers have…
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MPs quiz French diplomats over oil exploration
KAMPALA– Opposition Members of Parliament [MPs] want the French government to stop oil companies domiciled in the country from exploiting Uganda’s fossil fuels, especially oil, saying they are not adhering to Paris…
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