Business

Fuel shortage downplayed

Fuel shortage downplayed

As petrol shortage continues to bite, dealers have expressed concerns over failure by government to establish national fuel reserves. Many fuel stations have run out of petrol, with the situation reported to be worse in some up country towns. In Masaka, a litre of petrol ...

July 12th, 2012

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KCCA budget finally read

KCCA budget finally read

The budget for the Kampala Capital City Authority for the financial year 2012/2013 has finally been presented, showing a reduction in government funding. Funding from government is to reduce from  Shs101b to Shs 86 billion. The city Executive Director Jenipher Musisi says ...

June 28th, 2012

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URA Collections below target

URA Collections below target

The Uganda revenue authority continues to register shortfalls in revenue collection. The latest is an over 22 billion shilling shortfall registered in May 2012. There was optimism after the tax body reduced its cumulative shortfall from Shs71 billion to Shs14 billion in the ...

June 28th, 2012

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Ugandan at helm of Tullow Oil

Ugandan at helm of Tullow Oil

Tullow Oil Uganda has appointed Jimmy Mugerwa as the General Manager. Mugerwa who officially assumes his new position on October 1st, brings almost 20 years of experience in managing large and diverse international teams within the energy sector. He joins Tullow Uganda from ...

June 25th, 2012

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Terry Kahuma fights interdiction

Terry Kahuma fights interdiction

Interdicted Uganda National Bureau of Standards Boss Terry Kahuma has gone to court, challenging his dismissal from office. Kahuma says the investigations on which his sucking was based were illegal and wants to be reinstated into his office. In the petition filed before ...

May 9th, 2012

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