Minerals & Mining

UK Investors struggle to get Shares in Uganda oil sector

UK Investors struggle to get Shares in Uganda oil sector

Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on […]

Mps want Kuteesa to explain $500,000 oil bribe

Mps want Kuteesa to explain $500,000  oil bribe

Opposition MPs have asked the foreign Affairs minister Sam kahamba Kutesa to explain to parliament the alleged bribe case on helping a Chinese energy company getting unlicensed oil blocks in Uganda. The matter was raised by the Member of Parliament for Ntungamo municipality Gerald karuhanga on the floor of parliament in the Tuesday session chaired […]