The Government of Uganda Tuesday signed two Production Sharing Agreements (PSA) and issued two Licenses for Petroleum Exploration, Development and Production over the Ngassa Contract Area with Oranto Petroleum Limited from Nigeria. Speaking during the Ceremony held at Amber House, Eng. Irene Muloni, Minister of Energy and Mineral Development said,
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Uganda Telecom (UTL) and WIOCC Tuesday announced a major Internet capacity partnership that will facilitate delivery of more data capacity and faster speeds in Uganda, while further lowering the cost of the internet to millions of Ugandans. The initiative was launched at a media briefing held at the Kampala Serena
Read MoreMarriott International on Tuesday announced further expansion plans in Africa with seven new hotel signings. This was revealed during the Africa Hotel Investment Forum (AHIF) in Kigali, Rwanda. Marriott International was the first global chain to make a significant investment in Africa with the acquisition of Protea Hotels for $210
Read MoreOnly four medical facilities in and around Kampala have properly stocked and road worthy ambulances. Ambulances are vehicles or means of transport equipped to take sick or injured people to and from the hospital in emergency situations. According to a disaster preparedness drill that was carried out in June this
Read MoreHilton, one of the biggest hospitality companies in the world has committed a total of US$50 million (about Shs180.4bn) over the next five years towards the Hilton Africa Growth Initiative to support the continued expansion of its Sub-Saharan African portfolio. The company said in a statement n Thursday that these
Read MoreKenya's top telecoms operator Safaricom sacked 52 employees suspected of involvement in fraudulent activities in the year ended March, reports the Daily Nation newspaper. The number is 16 more than the 36 it sent home the previous year. Safaricom, which is Kenya’s most profitable company, said those dismissed were involved
Read MoreSafaricom, the leading telecom firm in Kenya has said it will not be intimidated into withdrawing its services for the October 26 presidential election, reports Standard Newspaper. Safaricom CEO Bob Collymore also welcomed investigations following allegations by National Super Alliance (NASA) leader Raila Odinga linking Safaricom to August 8 election
Read MoreThe plan by Government to supply contraceptives to pupils in schools in order to curb teenage pregnancies hangs in balance after MPs questioned it implementation. They now want the programme stopped until guidelines on how to successfully implement the programme are in place. Taking on to the floor of Parliament,
Read MoreUgandan consumers are literally spoilt for choice as more internet providers unveil unique products and services. The latest is Wananchi Cable Uganda Ltd that launched its operations in Uganda on Tuesday with the introduction of the super fast internet speed of 100 Mbps. The service will be offered through Wananchi
Read MoreThe International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well. These sentiments were echoed by speakers and delegates attending the Uganda International Oil & Gas Summit in Kampala Uganda.
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