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Energy, Oil & Gas
Unoc starts process to sell 45,000 barrels of crude oil from well testing
The Uganda National Oil Company has issued notices calling for bids for the sale of 45,211 barrels of crude oil from extended well tests concluded six years ago
January 25, 2018
Energy, Oil & Gas
Uganda’s oil pipeline segment to cost $700m
The 1,445km pipeline will run from Hoima in mid-western Uganda to Tanga port at the Indian Ocean in Tanzania. The entire project is expected to cost $3.5bn (Shs11trillion), of which 80% will be spent in Tanzania
December 11, 2017
Economy
Taking stock of Uganda’s economy 55 years after independence
Uganda's economy has seen many changes in the past 55 year, affected by periods of political instability, civil war, fluctuating global commodity prices, and various economic reforms. Trends in recent years are positive, but key challenges remain
October 9, 2017
Energy, Oil & Gas
Oil pipeline investment decision for early 2018 as designs near completion
The decision, according to industry sources, is informed by the near-completion of the Front-End Engineering Design study for the pipeline
September 27, 2017
Economy
Energy, Oil & Gas
Uganda fuel imports hit 85 million litres
The majority of the petroleum products, 92%, were imported through Mombasa port in Kenya, while only 8% arrived via Dar es Salaam on the Tanzanian coast
September 26, 2017
Economy
Liquidity ratio in Uganda’s banking sector up by 6.7% – Central Bank
The liquidity ratio in Ugandan banks has improved by 6.7%, an indication that the banking sector has adequate capital buffers
September 19, 2017
Energy, Oil & Gas
Licence for Ngassa block to be awarded in October
Uganda will issue two exploration licences and also sign a Production Sharing Agreement for the Ngassa oil block, Hoima District, in early October, the energy minister has said
September 18, 2017
Energy, Oil & Gas
Politics & Policy
Refinery deal in limbo after Energy PS is sacked
A cloud of uncertainty hangs over Uganda's $4bn refinery tender awarded to a consortium led by a Mauritius-based private equity fund, Intra-continental Asset Holdings (IA), after Wednesday’s sacking of energy ministry permanent secretary, Stephen Isabalija
August 26, 2017
Executive Profiles
Movers & Shakers
Profile: Fabian Kasi, managing director of Centenary Bank
Fabian Kasi, 51, is an accountant. He joined Centenary Rural Development Bank in August 2010 from FINCA Uganda, where he had served as Country Director (2002-2010). In 2015, after five years under his leadership, the bank's customer deposits grew by 17.5% above the industry average of 12.1% in that year.
August 23, 2017
Opinion
2017/18 Budget: Are we at a policy inflection point?
While many positive gains have been made on several fronts, Uganda needs to address its recent reduced growth rates
June 19, 2017
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