ugandan_diaspora_social_networking_event_2015_00
Business

Tullow Plans to Begin Oil Production in Uganda Amid `Challenges’

Tullow Oil Plc will start oil production in Uganda in 2012 and not this year because plans to meet the earlier target are “quite challenging,” said Brian Glover, the company’s manager in the East African country. Glover d...


Uganda shilling rangebound versus the dollar

The Ugandan shilling recouped early losses on Wednesday to trade rangebound against the dollar with interbank demand for the dollar pressing the local currency. At 0800 GMT commercial banks quoted the local currency at 2,320/2,...



Uganda Plans Public-Private Partnership Oil Refinery – President

KAMPALA, Uganda (Dow Jones) | The Ugandan government is planning to develop an oil refinery on a public-private partnership basis when oil production commences in the next couple of years, the Ugandan president said late Saturd...



Uganda’s Inflation Rate Rises to 3.1% in December as Food Costs Increase

Uganda’s annual inflation rate rose to 3.1 percent in December as prices of some food items increased, the country’s statistics agency said. Inflation accelerated from 1.4 percent in November, the Uganda Bureau of Statistic...





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