Oil: Will Uganda forego sh261b in local content?
According to senior government officials, the finance ministry has delayed the issuance of a certificate of financial implication to implement the fund.
PREMIUM Business
The Permanent Secretary in the Ministry of Finance, Ramadhan Ggoobi (right) visiting one of the oil well pads at Kingfisher project managed by CNOOC with other officials.
By NewVision Reporter
Journalists @NewVision
The roll-out of the local content fund for the oil sector has been delayed for four years. The fund, which was approved in 2018 by Cabinet, faces uncertainties on whether