Stabnic Bank Uganda CEO, Anne Juuko Stanbic Bank Chief Executive Officer (CEO), Anne Juuko, on Wednesday morning dissected the different opportunities in the oil and gas sector. Early this year, key players in the oil and gas sector announced an Investment Decision worth US$ 10 billion. But speaking on the
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Finance PS, Ramatha Ggoobi Uganda’s GDP growth rate is expected to be at between 9 and 10% in five years. This was revealed by Ramathan Ggoobi, the Permanent Secretary - Ministry of Finance, Planning and Economic Development at the 3rd Annual National Content Conference happening at Serena Hotel in Kampala.
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Government through the Minister of Finance, Planning and Economic Development, Matia Kasaija has revealed that despite criticism from sections of the public, the construction of the East African Crude Oil Pipeline (EACOP) is expected to commence in the coming financial year. “While there have been negative campaigns against the development
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The Tilenga oil project is taking shape The United States Agency for International Development (USAID) has raised concern over corruption in the country saying that if the vice isn't fought, the long anticipated oil money may not benefit the country. Richard Nelson, the USAID Country Director told a meeting organized by
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By Dr. Joseph Kobusheshe, Director Environment, Health, Safety and Security at Petroleum Authority of Uganda In this second article of my series on environment and social aspects related to oil and gas developments in Uganda, I specifically address the concerns relating to Green House Gas (GHG) emissions from Uganda’s oil and
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Part of the 3.5km runway. The Airport is 78% complete/Business Focus photo Hoima International Airport in Hoima (also known as Kabaale), Uganda’s second international airport now under construction is due for completion nine months from now, according to the contractors. The immediate objective of the airport, 200 kilometers by air
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Zakalia Lubega (C), the Head of Corporate Affairs at CNOOC Uganda speaking to journalists. On his Left is Gloria Sebikari, the Manager, Corporate Affairs & Public Relations at Petroleum Authority of Uganda Uganda is set to discover more oil from the Albertine Graben in the ongoing explorations. The East
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Officials from Petroleum Authority of Uganda and joint venture partners show key areas of the Tilenga project The Tilenga Oil Project managed by TotalEnergies EP Uganda is taking shape as Uganda draws nearer to the first oil expected by 2025. Tilenga, the name of the project, was coined
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Local small-scale enterprises involved in the digital technology industry have teamed up to jointly apply for contracts in the oil and gas sector, as well as take on large government contracts, under the National Content Policy. This, according to them, is the answer to the claims that the local companies
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The handover of the MOU from Dr. Jane Mulemwa to the Hon. Ruth Nankabirwa Ssentamu, Minister, MEMD. By Dr. Jane Nambakire Mulemwa Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the East African Community
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