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Tullow Oil says too early for new FID date on oil project as Energy Minister reveals govt has solution

Business
Tullow Oil has said it is still too early to give a new timeline on a final green light for investment in Uganda’s first...

Uganda and Equatorial Guinea pave way for Africa’s oil future

Business
Africa Oil Week got off to a high profile start with a prestigious Ministerial and VIP Symposium on the in Cape Town, South Africa....

Parliament castigates police, calls for explanation of Besigye’s brutal arrest

News
Members of Parliament have castigated the manner in which police operatives days ago mistreated the former President of the Forum for Democratic Change (FDC)...

Minister Kasaija appoints new Road Fund boss

News
The Minister of Finance Planning and Economic Development, Matia Kasaija has appointed Dr. Eng. Andrew Naimanye as the Acting Executive Director of Uganda Road...

NPLs decline 5.2 percent in June 2019 as Stanbic Bank, Standard Chartered Bank are cited as key banks in Uganda

Business
There was a reduction of 5.2 percent in the banking industry’s stock of non-performing loans (NPLs) to Shs514.9 billion as at end of June...
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