The Ugandan government has lost Shs256b in tax revenue as a result of the latest deal between Irish Tullow and French oil giant Total E&P. The transaction was announced by both companies yesterday morning. According to Tullow’s press release, the sale will...
The UPDF Classified expenditure has increased by 656% from Shs 344bn in Financial Year (FY) 2014/2015 to Shs 2.6tn in FY 2019/2020 compared to the country’s GDP average increase of 5.4% in the same period. Thanks to last Tuesday’s COVID-19 supplementary budget...