The Uganda Government has lost Shs256b in tax revenue in the latest deal where Irish Tullow agreed to sell its remaining 33.33 per cent stake in Uganda to French oil giant Total E&P, which transaction was announced by both companies yesterday morning.According to...
Rwandan authorities are blocking Ugandan cargo trucks en-route to Burundi, a high ranking government official has revealed. Trade Minister Amelia Kyambadde on Tuesday told journalists in Kampala that “trucks carrying exports to Rwanda are being allowed to enter...
In spite of the International Monetary Fund (IMF) assistance to salvage the reputation of Dictator Yoweri Museveni’s personal Bank, aka Bank of Uganda. The Bank continues to face serious financial instability that will continue to cause price instability for...