By Ali Ssekatawa, Director Legal and Corporate Affairs The oil and gas sector in Uganda is at a critical stage. The commercial negotiations which will impact both the profitability and the sector’s contribution to inclusive development are in final stages. The infrastructure required to commercially produce the Country’s 6 billion
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Sudan says it will devalue its currency to try to correct its huge budget deficit and tackle a growing economic crisis. The Sudanese pound trades at an official rate of 55 to the dollar but the black market rate is 140. With rampant inflation and state revenues having dropped 40%,
Read MoreBy Denis Jjuuko A few years ago, while on the Kampala Northern Bypass, a couple in their newly acquired 16-year old sedan stopped a few metres ahead of me. The driver, wearing a nice suit and looking every inch a corporate lawyer or investment banker jumped out of the car,
Read MoreYoung businessman, Rajiv Ruparelia Parliament has asked Government through the Minister of Internal Affairs to produce a report on the reported attack of Rajiv Ruparelia, the Managing Director of Ruparelia Group by security officers. The directive was given by Speaker Rebecca Kadaga after Elijah Okupa, the Kasilo County MP raised
Read MoreThe World Health Organization (WHO) and Africa Centre for Disease Control (CDC) have formed a committee to advise and provide support into research into traditional remedies for Covid-19. The experts sitting in the committee will advise African countries on the science, safety and quality of traditional medicine. It will support
Read MoreBy Ronnie Mukundane Labour externalization was, until the spread of Covid-19 across the globe, one of the fastest growing sectors and was providing employment opportunities to thousands of Ugandans across the Middle East and other parts of the world. To date, there are more than 165,000 Ugandans who are gainfully
Read MoreFury As A Kilogram Of Fish Maw Sold Locally At Shs1m Fetches Over Shs3.6m In Chinese & Asian Markets
Fish maws are on high demand The exploitation of Ugandans in the sale of fish maws in the international market has attracted the attention of MPS, with calls to halt on the sale of the popular fish organ until government can establish the real value of fish maws. Fish maw
Read MoreGovernment through the Ministry of Health is seeking an additional Shs465.8bn funding to fight the spread of COVID-19 pandemic for the next six months. Dr. Joyce Moriku Kaducu, the Minister of State for Primary Health Care tabled the request before Parliament’s Government Assurance Committee today. Moriku told Committee members that
Read MoreSam Rwakoojo, the fired EC boss Parliament has ordered the Minister of Justice and Constitutional Affairs, Ephraim Kamuntu to explain circumstances surrounding the sacking of top Electoral Commission officials over ballot paper fiasco. Kadaga’s directive was in response to a complaint raised by Ibrahim Ssemujju (Kira Municipality) who questioned why
Read MorePresident Yoweri Museveni says he will deal with all those threatening to riot, under the backing of a foreign invisible hand. Museveni sounded the warning during his latest address on the COVID-19 situation in the county on Tuesday night, also announcing a number of measures to ease the nationwide lock
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