Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …
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Kampala, Uganda | THE INDEPENDENT | Tullow Oil PLC has released a statement in advance of the Group’s Half Year Results, indicating it is struggling to reach a farm-down agreement. “Tullow and its Joint Venture Partners, have, so far, been unable to finalise this agreement with the Government of Uganda. We continue …
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Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …
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Moscow, Russia | Isaac Khisa | The Afreximbank Strategy for Export Trading Companies was launched in Moscow on June 20, during the open Russia–Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. The panellists included Managing Director of Afreximbank Intra-African …
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NSSF, experts tell members to save beyond the 5% they remit monthly Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …
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Researches, experts say there is limited evidence to show these offers attract investors Kampala, Uganda | PATRICIA AKANKWATSA | Tax incentives are part of Uganda government’s top priorities for attracting foreign investors and new businesses. From prospective investments in agribusiness to hospitality, and from steel to textile industries, tax incentives …
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Kampala, Uganda | THE INDEPENDENT | Uganda risks losing sh300 million every day if there are any delays in the Kampala Flyover Project that started last month. The sh224 billion project, undertaken by Japan International Cooperation Agency (JICA) involves the construction of flyovers at the Clock Tower, and at Kitgum …
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Kampala, Uganda | THE INDEPENDENT | Both parliament and the executive can’t take any unilateral decision on the administration of Uganda Telecom Limited (UTL), Speaker of Parliament Rebecca Kadaga has ruled. She made the ruling during plenary on Tuesday in response to last week’s request by Aringa South MP, …
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Kampala, Uganda | THE INDEPENDENT | Truck drivers are to undergo a refresher driving course in the next two months as one of ways of minimizing accidents, Baylon Kinene, the Chairperson of the Regional Lorry Drivers and Transport Association (RLDTA) has revealed. Kinene told Uganda Radio Network (URN) in an …
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Beijing, CHINA | THE INDEPENDENT | President Yoweri Museveni has lashed at the World Bank for telling Uganda that countries that “build railways use own money.” He said that such a statement from an economist that purports to support Africa’s transformation through private-sector led growth shows that some actors are …
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The Independent Uganda: You get the Truth we Pay the Price