Business

We’re on course for 2020 oil prodcution, Minister Muloni

We’re on course for 2020 oil prodcution, Minister Muloni

By Ritah Kemigisa Energy minister Irene Muloni has maintained that the target for the first oil to be produced by 2020 still stands. Addressing journalists ahead of the energy week which kicks off on 11th to 16h September, Muloni says the ministry is still in the first track

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September 7th, 2017

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New East African Business Council chairman is dead

New East African Business Council chairman is dead

By Dorothy Nakaweesi The newly elected chairman of the East African Business Council Kassim Omar has died after a blood clot operation at Nakasero Hospital in Kampala. In a communication to members of the private sector in Uganda, the chairman Private Sector Foundation of ...

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September 5th, 2017

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Uganda in panic after Kenya enforced total ban on kaveera

Uganda in panic after Kenya enforced total ban on kaveera

Bb Benjamin Jumbe The government of Uganda will soon come up with a final position on the ban on plastic carrier bags commonly known as Kaveera. In the 2009/2010 budget, government announced a total ban on all polythene material below 30 microns as an environmental ...

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August 28th, 2017

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Uganda, Equatorial Guinea to cooperate on oil & gas projects

Uganda, Equatorial Guinea to cooperate on oil & gas projects

By Samuel Ssebuliba The governments of Uganda and Equatorial Guinea have agreed on an action plan for implementing a Memorandum of Understanding on Cooperation in the field of oil and gas. This was during President Yoweri Museveni’s four-day state visit to the country that ...

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August 28th, 2017

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Regional central banks urged to fight terrorism financing

Regional central banks urged to fight terrorism financing

By Moses Kyeyune Central Banks in the East African region have been asked to form synergies to combat terrorism financing and money laundering. The call has been made by the Governor of Bank of Uganda, Prof Emmanuel Tumusiime Mutebile, at the East African Monetary Affairs ...

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August 25th, 2017

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