By Agnes Tumuheire on October 1, 2018
Burundi, East African Community, Hoima-based oil refinery, Irene Muloni, Kenya, multinational General Electric., Rwanda, Tanzania, uganda, Uganda oil sector, Uganda’s Energy Minister
Business & Finance, Business news, Featured, Latest Uganda News, Oil, Uganda Oil & Gas
The Uganda oil sector is likely to spend quite more money than the anticipated $4 billion for the construction of the Hoima-based oil refinery following the failure of the East African Community to buy the whole part of the share it was allocated. Although Total SA has taken up a total share of 10 per cent […]
By Gerald Businge on July 1, 2010
commercial production of Uganda oil, International Monetary Fund's projects in Uganda, Thomas Richardson, Uganda Abertaine region, uganda oil revenues, Uganda oil sector, Uganda parliamentary committee on national economy
Business & Finance, Business news, Latest Uganda News
The government of Uganda has been advised by the International Monetary Fund’s (IMF) to desist from ignoring other sectors of the economy in favor of the oil sector to enable proper growth and development of the economy. Uganda recently discovered oil in the western Uganda Abertaine region worth billions of barrels. Commercial exploitation is expected […]