VIDEO: The Ministry of Energy and Mineral development has awarded 8 petroleum production licences to oil companies– with production work expected to start within 18 months. The licenses that have been awarded to Tullow Uganda operations and Total E&P will see three partner petroleum companies start oil production in a total …
Read More »VIDEO: Did Minister Kibuule assault a guard?
VIDEO: A section of the public are demanding for an apology, resignation or punishment of State Minister for Water Resources and MP Mukono North Ronald Kibuule for allegedly assaulting a female security officer at Stanbic Bank in Mukono identified as Hellen Obuk The move is headed by Women Activists under Uganda …
Read More »VIDEO: Death threats for Ssekitoleko, age limit motion mover
VIDEO: Nakifuma Member of Parliament Robert Kafeero Ssekitoleko, the legislator behind the tabling of the controversial private members bill “Constitutional amendment bill 2016” is now having sleepless nights after allegedly receiving a number of death threats against his move. Speaking to journalists at Parliament this afternoon, MP Kafeero Ssekitoleko confessed to …
Read More »Uganda-Kenya draw 0-0 in prep match for Comoros
International friendly Result Uganda 0 Kenya 0 Cranes and Harambee Stars played a cautious game for most part Tuesday, with both sides settling for a goalless draw at Mandela National Stadium Namboole. Kenya’s Harambee stars were led by England-based midfielder Victor Wanyama and had their best efforts in the second half. …
Read More »Policeman Baguma hands himself in, remanded to Kigo
Former Central Police Station DPC Aron Baguma has been charged and remanded to Kigo Prison. He faces charges of murder, aggravated robbery and kidnap. In company of his lawyer Abraham Mpumwire, ASP Baguma turned himself in at Buganda Road Court at 2.15pm on Tuesday and appeared before Grade One Magistrate Joan Aciro. …
Read More »Uganda issues oil production licences, targets 2020
Uganda on Tuesday issued oil production licences to the French group Total and British company Tullow. Energy Minister Irene Muloni said first oil production is now expected in 2020. Experts say the government hopes to earn $1.5 billion a year from oil exploitation, particularly from taxes, royalties and a 15% share of the benefits …
Read More »AGOA: Extension of access to US markets could be another lost opportunity
AGOA’s agony: Why 10-year extension of duty-free access to the US market could be another lost opportunity for Uganda When the US passed the African Growth and Opportunity Act (AGOA) 15 years ago, there was a lot of promise. Many African countries, especially the oil exporters, have registered substantial progress under …
Read More »Experts still wary of Uganda’s high interest rates
When the Central bank reduced its key bank rate to 14% from 15% early this month, it was expected that commercial banks would respond by cutting their lending rates. This was the third time in a row the Central bank was reducing the CBR by 100 basis points the others …
Read More »Do more for South Sudan refugees, says a top UN official
Adjumani, Uganda | AFP | The international community must respond to the refugee crisis caused by fighting in South Sudan in the same way it responded to the crisis in Europe, the UN refugee chief said in Uganda on Monday. The UN refugee agency, UNHCR, says 88,533 people have fled …
Read More »VIDEO: Ministry of Public Service decentralising pension cases
VIDEO: Pension scheme reforms are long overdue in Uganda. To many, the mention of pension quickly relates to struggles to access it, and many have reportedly been conned in the process of chasing their documents to have their accounts credited. To solve this, the Ministry of Public Service has now decentralized the system …
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