Uganda’s Ministry of Finance, Planning, and Economic Development (MoFPED) has released a review of the 10-year Corporate Income Tax (CIT) holidays granted to strategic investors and exporters. The key question…
For years, Uganda’s oil story has been told in the future tense, defined by promise, projections, and untapped potential. But at the 11th Annual Oil and Gas Convention held at…
There is a phrase that has echoed through Uganda’s petroleum corridors for over a decade. It has been a promise, a projection, a political talking point, and at times, a…
Over the past few days, an alarming sight took hold of Uganda’s motorists: dry pumps and stranded vehicles at retail stations across the country. Driven by global headlines around escalating…
While commemorating the Bastille Day on July 12 2024 H.E. Xavier Sticker the Ambassador of France to Uganda announced that French Firms are to invest over $4b in Uganda, to…
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan…
Uganda imports its petroleum with over 90% through Mombasa port in Kenya supplemented by small imports via Dar es Salaam port in Tanzania. However, this is on the verge of…
In the coming 12 months, various reputable sources have projected Uganda’s growth rate at between 4.7% and 6.8%. Taking the best scenario, economic growth will be faster than the sub-Saharan…
Uganda has filed a case against Kenya at the East African Court of Justice over Kenya’s refusal to grant a license to Uganda National Oil Company (UNOC) to operate in…
The Ugandan government is currently in the process of finalizing a substantial multi-billion-dollar agreement that would confer exclusive monopoly rights to Vitol Inc., a Swiss-based Dutch firm specializing in energy…