Govt orders Tullow Oil to pay all taxes due
Tullow confirmed earlier Thursday that their Sale and Purchase Agreements (SPAs) deadline had passed.
Now the ministry of energy has stressed that Tullow must pay Capital...
Uganda’s multibillion private fuel storage terminal nears completion
Upon completion, this 14 tank storage project will store up to 70m litres of fuel making it one of the largest fuel terminals in...
TOTAL committed to Uganda despite Tullow blow
Tullow Oil terminated its farm-down agreement with Total and CNOOC in Uganda, following a lack of agreement with the Ugandan government over the tax...
BoU to appeal against Sudhir ruling
Crane Bank (in Receivership) intends to appeal against the whole decision given by Hon. Justice David Wangutusi on August 26, 2019, as per Notice...
UNBS directs alcohol manufactures to recall sachets, bottles less than 200mls
In July, Uganda National Bureau of Standards seized 167 sachet-filling machines belonging to at least 37 alcohol-manufacturing companies.
“As a measure to enforce the government...
BoU ordered to pay for costs as Shs397bn Case against Sudhir is dismissed
Justice David Wangutusi of the Commercial Court has dismissed the case Bank of Uganda had lodged against businessman Sudhir Ruparelia seeking to recover Shs...
High Court to rule on Sudhir Vs BoU multibillion case today
Justice David Wangutusi of the Commercial Court will on Monday August 26, 2019 decide to dismiss or continue hearing the case in which Bank...
Sudan needs $8 billion in aid to rebuild economy
Sudan needs $8 billion in foreign aid over the next two years to cover its import bill and help rebuild its ravaged economy after...
Rwanda introduces electric motorcycles in an effort to cut fuel costs
Rwanda has introduced the use of electric motorcycles (boda boda) as part of its efforts to protect the environment and cut fuel costs.
Passengers and...
SolarNow CEO resigns
After 8 years in a role, founder and the Chief Executive Office Solar now Mr. Willem Nolens, on Tuesday announced his resignation from his...