Category: Business

Total/Tullow: Energy ministry pays heavy price of Museveni’s indecision

The Ugandan ministry of energy has once again pushed back the deadline for submission of candidates for oil blocks Avivi, Arua, Omuka, Kasuruban, Turaco and Ngaji.The

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Uganda’s public debt reaches sh46 trillion

Uganda’s public debt has grown to Uganda shillings 46 trillion (USD12.5bn) as at the end of June 2019 up

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Dfcu Bank thrown out of Shudir’s buildings, reportedly set to close 20 branches

The dfcu Bank has been thrown out of Meera Investment Limited Properties — starting with Crane Chambers at Kampala

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Cabinet approves more routes for Uganda Airlines

Cabinet has approved the signing of several bilateral air service agreements with different countries, a move that would see the

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NWSC named most profitable company

The Auditor General, John Muwanga has named National Water and Sewerage Corporation (NWSC) as the most profitable public entity

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Museveni to British investors: Report corrupt government officials

President Yoweri Museveni has urged investors to report government officials who seek bribes, saying punitive action will be taken

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Government proposes more taxes in 2020/21 budget

Government through the ministry Finance and Economics Development is among others looking at; reducing reliance on debt by increasing

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Museveni selects two LDUs to join his SFC Guards

President Museveni has appointed two Local Defence Unit (LDU) guards to be part of the elite Special Forces Command.Ms

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Makerere ordered to pay Shs 200m to sacked ICT director

Kampala Capital City Authority (KCCA) Industrial court has ordered Makerere University to pay Shs 208.9 million to Eng Frank Kitumba,

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Minister owned company and 3 other city companies clash over 30 Billion worth land deal for Exim Bank

A whistleblower complaint claims Pine Investments, a company owned by a minister, has been unfairly propped up to prevail

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