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Tag Archives: ura

AKOL: AG Ruhindi initiated ‘presidential handshake’

Uganda Revenue Authority (URA) Commissioner General Doris Akol has said it was the Attorney General Fred Ruhindi who initiated the request for a sh6 billion presidential reward for a team of government officials who won a 2014 capital gains tax case against UK based oil company Heritage. Akol said she only got involved …

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Parliament agrees to investigate oil tax bonus

Parliament to investigate “sh6 billion golden presidential handshake” Parliament on Wednesday agreed to set up a select committee to look into what has been referred to as the “Golden Presidential handshake” that cost tax payers sh6 billion. The bonus was paid out to a team of 42 selected government officials …

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Tullow Oil exiting Uganda’s oil sector?

Oil pundits sees Tullow Oil plc.’s new share sale a strategy to exit the country’s oil sector London-Based Tullow Oil plc’s announcement that it is once again scaling down its stake in Uganda’s oil development, shedding off nearly two thirds of its shareholdings to the rival firm, Total E&P for …

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Tension as Kadaga adjourns parliament until Kavuma court order vacated

Speaker of Parliament Rebecca Kadaga has adjourned parliament until a court order by the Constitutional Court halting any discussion on the “Presidential Handshake”  is vacated. “I cannot accept a situation where the court dictates how we operate and determine the order paper,” Kadaga said. “I direct the Attorney General to move …

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Court stops parliament from debating ‘Presidential handshake’

Uganda’s Constitutional Court has issued an interim order stopping parliament from debating,  investigating or inquiring into the presidential hand shake, until a main petition filed against the Attorney General is heard and disposed of. Deputy Chief Justice Steven Kavuma on Monday granted the application filed by Eric Sabiiti the Senior …

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SH6billion: URA explains ‘Presidential handshake’

Uganda Revenue Authority has explained the circumstances under which several government officials were rewarded for helping win the 2014 capital gains tax case against UK based oil company Heritage. “It is standard international best practice for employees to receive bonus payments/ or honoraria for exemplary performance in both the public …

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VIDEO: MPs up in arms over Heritage Oil case cash reward

VIDEO: Legislators have condemned a reward of sh7 billion of oil money given to senior government officials after they won an oil tax case against Heritage Oil.  The legislators under a loose coalition dubbed; “NRM Members of Parliament Think-tank”want the Speaker of Parliament Rebecca Kadaga to cause an investigation into …

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COMMENT: On-job training for graduates

COMMENT BY: Badru Walusansa Facilitate transition from education the world of work by passing on work skills and industry competencies Graduate unemployment in Uganda is stale news. Graduate unemployment figures have significantly soared for the last decade leaving no sign of scaling down. Every year, both public and private universities …

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