Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees and the alleged interference of a president whose firm control of the sector worries transparency campaigners.
KAMPALA, Uganda - Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and ...
KAMPALA (Reuters) - The Uganda shilling strengthened on Friday due to dollar inflows from commodity exporters, charities and sell-offs by offshore investors betting on a weaker greenback. At 0932 GMT commercial banks in Kampala quoted the currency of east Africa's third-largest economy at 2,560/2,570, stronger than Thursday's close of 2,575/2,585. "The market has inflows from the usual commodity ...
By Elias Biryabarema KAMPALA (Reuters) - Uganda threatened on Wednesday to penalise media for coverage of a purported plot to stifle allegations that President Yoweri Museveni is grooming his son for power. Speculation is growing that Museveni, in office since 1986, is lining up his son Kainerugaba Muhoozi to succeed him, a move that would likely test loyalties in Uganda's ruling elite. ...
KAMPALA (Reuters) - Uganda's low inflation and signs the economy is gaining momentum are boosting business confidence, and growth could reach 6-7 percent in the medium term despite the loss of foreign aid, the IMF said on Wednesday. Price pressures in east Africa's third-largest economy hit an 18-year high in October 2011 but have eased and inflation has been in single digits since September ...
JDSU today announced that MTN Uganda has selected its ariesoGEO platform and GEOperformance application to improve network quality and customer experience. MTN Uganda operates the country's largest multi-vendor, ...
KAMPALA (Reuters) - Uganda revised an earlier forecast of its coffee exports in the 2012/13 season to 3.2 million 60-kg bags from a year ago on good weather and increased coffee acreage, a the Ugandan Coffee Development Authority said on Monday. The east African country had said in October that its exports would rise by 11 percent to 3 million bags. Uganda's coffee season runs from October to ...
KAMPALA, Uganda (AP) — Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners.
Uganda's regulator said Thursday it had approved the purchase by India's largest telecommunications company, Bharti Airtel Ltd. (532454.BY), of Warid Group's telecom operations in the country, a deal that is expected to nearly double Bharti's subscribers in the East African nation.
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