Tullow oil

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Uganda shilling dips against the US dollar in the money market

The Ugandan shilling has hit a record low value against the U.S. dollar currently selling at about 2,410 to one US dollar. The shillings started losing again against the dollar after a few months of near comeback where the shilling had dropped from the 2,390 mark to about 3,278 in early June. It is not […]

Ugandans want accountability for petroleum samples

The Ugandans have asked the government to account for the proceeds that will be realized from the sales of oils samples that will be produced in June this year. The Director of Albertine Rift Basin Environmental Watch [local NGO], Michael Mugume says that the time for producing the fuel samples for 90 days are so […]

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