Page 7 - Buganda Oil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The petitioners accuse the Bank of giving ‘backdoor support’ to the infrastructure project that is deemed to be dangerous to the environment and local communities.

Uganda’s oil palm sector yields results Wednesday May 19 2021 Nansamba Jane is an oil palm grower in Betta Village. Ugandan small-holder growers are earning regular incomes from the sale of oil palm seed. PHOTO | EDGAR R. BATTE Advertisement James Lutaya is a successful Ugandan oil palm tree grower in Busanga village, in Kalangala district. He planted 55 acres of oil palm, 30 of which he divided between his nine children and his wife. From the proceeds of his 25 acres, he has been able to build a permanent house, buy a vehicle and take his children to school. Previously a coffee grower, ...

Oil pipeline-related splurge raises Uganda real estate industry spirits Tuesday May 04 2021 Uganda President Yoweri Museveni and Tanzania President Samia Suluhu during her one day visit to Uganda. PHOTO | PPU | AFP Summary Whereas procurement budgets managed by oil exploration firms operating in Uganda declined between 2017 and 2020, a surge in spending captured during the first three months of this year points to strong recovery opportunities for real estate sector. Advertisement Commercial activity surrounding the recent signing of key agreements related to the 1,445km East African Crude Oi...

Uganda scores tax victory in oil Host Government Agreement April 14, 2021 President Yoweri Museveni signing the oil agreements In signing the Host Government Agreement for the East Africa Oil Pipeline on April 11, 2021, the Uganda government scored a major victory in ensuring that the project company is made resident in the country largely for tax purposes. While the Host Government Agreement (HGA) will allow the project company – a special purpose vehicle - for the East Africa crude oil pipeline to be registered somewhere in England, in what is...

The deal was signed on April 11.