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Palm oil project saves fish depletion in Kalangala and Buvuma
KAMPALA, Uganda–The Minister for Agriculture Animal Industry and Fisheries Vincent Bamulamgaki Ssempijja has asked both international and local conservationists to stop criticizing government for promoting the vegetable oil project especially in the districts of Kalangala and Buvuma where oil palm tree projects is being implemented. Ssempijja said the oil being implemented across the country […]
BoU appreciates Standard Chartered’s Socio-Economic Impact repor
KAMPALA, Uganda– Standard Chartered Bank launched its Socio-Economic Impact in East Africa report today in Kampala. “The independent socio-economic impact assessment of Standard Chartered Bank’s operations in East Africa, prepared by the consultancy firm Steward Redqueen address the issue – the contribution of the bank to the economy and to social welfare, in a […]
Tanzania nods Ophir shares sale to Pavilion
DAR ES SALAAM, Tanzania –The government has welcomed the intended sale of 20% of Ophir Energy plc, to a Singapore-based Pavilion Energy pte at $1.28 billlion before tax. Ophir is currently involved with oil and gas exploration in Tanzania. Ophir Energy plc is in talks with Pavilion, which is a subsidiary of Tamasek Holdings, over […]