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Jun 2021 2 results
19:08
19:08

Second Oil Licensing Targets Previously Abandoned Blocks, Companies Commence Verification 1 3

Frank Mugisha, Acting Commissioner Petroleum Exploration, Development and Production Department says that after the tour of the five blocks, the companies will have up to 30th June to submit their applications, without any further deadline extension.
07:57
07:57

URA Wants 5-Year Domestic Revenue Target Revised Downward

In the current five-year Domestic Revenue Mobilisation Strategy, DRMS, the government sets a target for URA, of collecting revenues amounting to between 16 and 18% of the Gross Domestic Product. The government was forced to revise the revenue collection target for this year from Ushs 21.8trillion, which would be 14.3 percent of the GDP, to 19.6trillion.
Jun 2021 2 results