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Tag Archives: Uganda

GOVT: Tullow Oil must pay all taxes due

Government, Total respond as Tullow’s $900M deal flops Kampala, Uganda | THE INDEPENDENT | Uganda’s Energy Ministry has stressed that Tullow must pay Capital Gains tax before it can be allowed to sell part of its stake to Total and CNOOC Uganda.  Tullow confirmed earlier Thursday that their Sale and Purchase …

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TOTAL committed to Uganda despite Tullow blow

Paris, France | THE INDEPENDENT |  Oil giants Total have re-affirmed their commitment to progressing the development of the Lake Albert oil resources, despite their Sale and Purchase Agreement (SPAs) with Tullow collapsing today. Tullow Oil plc announced earlier that it has been informed that its farm-down to Total and CNOOC will …

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Uganda’s education ministry weeds out 30,000 fake teachers

  Kampala, Uganda | THE INDEPENDENT | Over 30,000 teachers have been dropped by the Education and Sports Ministry is in the going teacher’s verification and registration exercise. According to the Ministry, some of the teachers had forged academic papers and appointment letters. Dr. Jane Egau Okou, the Commissioner in charge …

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Pension sector assets hit Shs 11.6trillion

Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …

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Fertility rate threatens vision 2040- Experts

Kampala, Uganda | THE INDEPENDENT | Uganda may fail to achieve its goal of transforming from a peasant to middle income country in line with Vision 2040 if the fertility rate doesn’t decrease, according to experts. The Vision looks at strengthening particular sectors such as oil and gas, tourism and …

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Mityana’s Kaziimba is Church of Uganda Archbishop-elect

  Kampala, Uganda | THE INDEPENDENT | Bishop Dr. Samuel Stephen Kaziimba Mugalu from Mityana is the new Church of Uganda Archbishop-elect. He will in March be installed as the 9th Church of Uganda Archbishop. He edged out other contenders who were Bishop Sheldon Mwesigwa of Ankole Diocese, Bishop Samuel George Bogere …

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