Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among, has directed the House Committee on Finance and Planning to present a report on the Public Finance Management Bill, next week on Tuesday without fail. The Bill was more than a month ago tabled before parliament for consideration …
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Kampala, Uganda | THE INDEPENDENT | Patrick Amuriat Oboi, the Forum for Democratic Change-FDC presidential candidate has promised to offer 5 percent of the oil revenue to Bunyoro-Kitara kingdom if he is elected President of Uganda. According to Oboi, oil is a big resource and if well utilized will cause development …
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Kampala, Uganda | Julius Businge | As government and oil companies continue to negotiate on oil deals ahead of production, civil society organisations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG) have come out to advise on how oil revenues should be used. At a meeting in Kampala held last …
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Lagos, Nigeria | AFP | Nigeria’s President Muhammadu Buhari on Monday signed a measure to change the country’s agreements with multinational oil companies to significantly increase the share of offshore oil revenue it takes. “This afternoon I assented to the bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) …
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By Ronald Musoke Investing wisely Uganda’s oil revenues in productive sectors of the economy will ensure future generations benefit from the country’s promising petroleum industry, a new paper released on Dec.10 by the Economic Policy Research Centre (EPRC) and the Africa Growth Initiative at the Brookings Institution says. The researchers …
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The Independent Uganda: You get the Truth we Pay the Price