Uganda: Tough Year for Firms As Tullow Deal Is Delayed – AuthenticAfrican

Posted on by All Africa

[East African] The collapse of talks between the Ugandan government and British firm Tullow over a tax dispute, the plunge of the latter's stock price at the London Stock Exchange and the delay of a Final Investment Decision (FID) marked a difficult year for the country's efforts to move exploration of its vast fields into oil production.