Energy & Mining
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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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Farmers beg govt to extend their stay on Hoima Sugar Limited land
KIKUUBE– Over 150 farmers with crop farms established on Hoima Sugar Limited land have petitioned the Office of Kikuube Resident District Commissioner, Amlan Tumusiime, requesting to be given a grace period of…
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EACOP: Uganda, Tanzania sign security pact
KAMPALA– Uganda and Tanzania days ago signed a Memorandum of Understanding [MoU] through which the East African Crude Oil Pipeline [EACOP] would be jointly guarded and protected against any threats that could…
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MPs, minister clash over proposal to extend tax holiday for power company
KAMPALA – Parliament’s Committee on Finance, Planning and Economic Development, has started understudying the new Tax Bills for the Financial Year 2022/2023, with the legislators questioning government’s proposal to exempt Bujagali Power…
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Oil companies ready to invest 10 billion dollars in oil and gas sector
HOIMA – Sarah Birungi Banage, the Head Corporate Affairs Uganda National Oil Company [UNOC] has explained that oil companies under their joint ventures Total Energies Uganda, China National Offshore Oil Corporation CNOOC…
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