Photo by Justin Dralaze Ziras/Reuters TV British oil firm Tullow Oil plc (Tullow) has Monday announced that it has agreed a substantial farm-down of its assets in Uganda to Total E&P Uganda B.V. (Total). The news...
The bank is supposed to be the most important financial intermediary in the economy because it connects surplus and deficit economic agents and hence playing an important role in the growth of an economy. However, of recent...
Uganda’s Revenue body has defended its decision to reward civil servants with over Shs6 billion (£1.3m) for their work on a court case the Ugandan government won against UK firm Heritage Oil Company. URA says...
Some of the officials reported to have received part of the Shs6 billion Museveni pay out part of the Shs6 billion oil tax money to selected government officials in “recognition of their efforts” to recover...
After months of empty stalls at several Nakumatt outlets around sparked speculation over the future of the largest supermarket chain in Uganda, the retailers' parent company in Kenya - Nakumatt Holdings has raised Ushs1.75 billion...
The district leadership of Gulu has for this quarter of the financial year 2016/2017 turned its focus on improving community access roads. According to the Chief Administrative Officer of Gulu, Ms Odwar Santa, the District...
Ever wonder how much Chinese pay-TV operator StarTimes will pay in exchange for a 4-year naming rights deal with the stadium where the KCCA FC play home games? If having your brand name associated with...
Agriculture is at the heart of addressing poverty in Africa. I was reminded of that during my recent trip to Addis Ababa, Ethiopia, where different stakeholders had gathered to explore how to transform smallholder agriculture...
Unexpected celebrity deaths — whether because of age, circumstance or the public’s failure to grasp that an icon could one day not be around — always sadden and shock fans, but 2016 was a particularly...
With Uganda’s Finance Ministry reforms heralded the best in East Africa and possibly continent-wide, the European Union has given the country a new $8m (about sh30billion). Signed on Friday by EU’s head of delegation to...
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