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Is the Ugandan Crane a Tiger?
Oil production could push Uganda's economic growth rate as high as 9 to 10 percent a year, according to the Central Bank. »
East African Money: Terror and Tourism, Tullow Oil, Rift Valley Railway
We know how important the latest business information is to the diaspora-- check out the new home of East African Money, which features the day's biggest regional and diaspora business stories. »
Heritage Asked to Pay Government $404 Million For Sale
Earlier this year, Heritage Oil sold its oil stake in Uganda to Tullow Oil for $1.5 billion. Uganda says the Canadian multinational should pay Uganda over $400 million in sales and capital gains taxes. »
Uganda Delay Spooks Heritage Investors
Delays in Heritage's $1.3 billion sale of Ugandan oil assets to Tullow made investors nervous last week, causing its shares to drop almost ten percent. Read more here. »
