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Civil Society Bothered by Banks Move to Opt Out of Oil Pipeline Financing

Banks are divided on financing of the East-African-Crude-Oil-Pipeline. Courtesy Photo. Civil society actors have challenged the government to take with serious concern,  decisions by some international banks not to finance the East African Crude Oil Pipeline-EACOP. At least six international banks have backtracked on their financing plans for a USD 3.5

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Museveni’s Remarks Leaves Umeme Shareholders In Panic As Share Prices Fall

Patrick Bitature, Umeme Board Chairman speaks during the AGM on Thursday President Yoweri Museveni labour day remarks over electricity distribution costs seems to have sent shock waves among shareholders of Umeme Limited-the main electricity distribution company. The concern over the President’s statement emerged on Thursday as Umeme shareholders met for the annual

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