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Uganda Withdrew $54 Million from Petroleum Fund

The Government of Uganda withdrew $54 million or 200 Billion shillings from the Petroleum Fund ahead of production according to…

Posted in Oil Politics Top News

Uganda awarded Officials, Lawyers $1.65M After winning Heritage Oil Tax Dispute

A new expose by Ugandan Daily Chimp Reports newspaper has revealed that 39 government officials were awarded cash bonanzas equaling…

Posted in Oil Politics Top News

Tullow Oil Agrees To Pay Uganda Government $108 million To End Tax Dispute

A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue…

Posted in Top News

London’s Court of Appeal rules in favor of Tullow Oil in Uganda’s capital gains tax case

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour…

Posted in Oil products Top News

Tullow Oil to challenge the Tax Appeals Tribunal ruling in Uganda

Tullow Oil plc has announced that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal…

Posted in New Discoveries Oil Politics Top News

East Africa lacks extractive industry taxation capacity

Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost…