It’s been quite an interesting start on the collections meant to repay a loan that is supposed to be repaid fully by 2032. Check out the details here.
Category Archives: Current Affairs
Uganda Earns UGX216bn from Jan Coffee Exports
For a long time, coffee has been the backbone of Ugandans’ livelihood. With the recent events, I wonder how much we will be exporting in the future! For now, though, here 👈🏿 is some good news.
Tullow Oil to Receive UGX264bn Earn-out from Total Energies in Uganda
An earn-out, aka, Contingent consideration, represents payments that buyers and sellers will pay or receive after the closing of a transaction based on future performance. Tullow Oil plc (Tullow), on November 10, 2020, announced that the sale of its assets in Uganda to Total had been completed with a USD500 million pay-out. For more onContinue reading “Tullow Oil to Receive UGX264bn Earn-out from Total Energies in Uganda”
On Swine Fever in Northern Uganda
Ugandans love their pork. I’m not even joking! Look it up. Anyway, there has been an outbreak of swine fever in Northern Uganda, threatening our beloved delicacy! Read more about it here.