Tullow terminates Uganda Oil deals after disagreements

Tullow terminates Uganda Oil deals after disagreements

Tullow Oil has terminated its farm-down agreement with Total and CNOOC in Uganda, following a lack of agreement with government over the tax terms of the transaction, Irish Times reported. The London-listed Irish explorer said on Thursday that its farm-down is to terminate at the end of the day, August 29th, following the expiry of […]

Covering Uganda’s Oil Risk

Covering Uganda’s Oil Risk

Kampala, February 26. With Ugandans looking forward to announcement final investment decision to be made in the first quarter of 2019, insurance industry executives agree that as a consequence the ‘First Oil’ is now expected in 2022. Uganda has made 21 oil discoveries with the joint venture partners granted production licenses for 14 fields. ‘First […]

Marburg infection reported in Kapchorwa District

Marburg infection reported in Kapchorwa District

One person is admitted in the isolation unit at Kaproron Health Center IV, and another at Kapchorwa Hospital, after exhibiting Marburg like symptoms. Dr. Godfrey Chemosi, the Acting Kween District Health Officer, says the suspected Marburg victim at Kaproron Health Center IV is a health worker. He says they have dispatched blood samples to Uganda […]

MARBURG DEATHS: Ministry of Health sends burial team to Kween

MARBURG DEATHS: Ministry of Health sends burial team to Kween

The government task force helping to fight Marburg spread in Kween District, eastern Uganda has intensified the response to the haemorrhagic fever. In the latest update on the ongoing Marburg outbreak, the ministry of health in a Tuesday press statement said a multi-sectoral team of experts has been dispatched to the affected districts to enhance […]

Deadly Marburg virus kills two in Kween district, govt confirms

Deadly Marburg virus kills two in Kween district, govt confirms

The Ministry of health has sent a team of epidemiologists to Kween district, following the confirmation of an outbreak of the deadly Marburg haemorrhagic fever, which has so far claimed the lives of two people. The team led by the Director General of Health Services is in Kween district to sensitise residents about the disease, […]

FIRE! Arsonists almost burn down MP Abiriga’s home

FIRE! Arsonists almost burn down MP Abiriga’s home

Uganda Police is investigating an alleged arsonist attack on Arua Municipality Member of Parliament Ibrahim Abiriga’s home in Arua Town, West Nile. Abiriga whose trademark ill-fitting yellow suit, yellow shoes, yellow tie, yellow cap and a yellow shirt, among other yellows, have made him a ‘‘national sensation’’reported a of attempted arson to Police, his wife […]

Govt starts Oil & Gas exploration in Karamoja

Govt starts Oil & Gas exploration in Karamoja

The Moroto-Kadam basin of Karamoja sub-region has potentially rich oil deposits according to evidence of hydrocarbon accumulation, the Ministry of Energy and Mineral Development is optimistic as it launches oil and gas explorations there. The earlier surveys by the Government and colonialists indicated that there was evidence of oil and gas in parts of eastern […]

MTN Mobile Money latest way to save with NSSF

MTN Mobile Money latest way to save with NSSF

Uganda’s market leader in digital financial services, MTN Uganda and the National Social Security Fund (NSSF) have today announced a partnership that enables payment of social security contributions using Mobile Money. The partnership enables NSSF members on the NSSF Voluntary Membership Plan as well as small and medium sized entities to conveniently make payments using […]

Equity Bank enticing Ugandans in UK to invest here

Equity Bank enticing Ugandans in UK to invest here

In its effort to increase trade and investment opportunities from various markets, Equity Bank Uganda will hold an investment forum in the UK targeted towards Ugandan and other East Africans on Friday, 15th of September. Converging at Grange Tower Bridge Hotel 45 Prescot St, London E1 8GP, UK from 6:00 pm, the bank’s Managing Director, […]

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