Developing Capacity: OBG talks to Donald Mahaga, Chairman, Kenya Oil and Gas Association from The Report: Kenya 2016

Interview: Donald Mahaga  What are the largest challenges faced by producers in commercialising onshore finds in Kenya? DONALD MAHAGA: Although we are still quite a few years away from commercialisation in … Read More

Mozambique’s extractive sector revenue triple boosted by capital gains tax

[twitter-follow screen_name=’oilnewskenya’] Revenue from the extractive sector in Mozambique hit almost $400 million in 2012 thanks to the introduction of capital gains tax in the country according to a new … Read More

Kenya’s finance bill offers a mixed picture for oil and gas investors – Africa Oil

[twitter-follow screen_name=’oilnewskenya’] Africa Oil has in a statement said that the recently assented to Finance bill by President Uhuru Kenyatta and whose publication is imminent will impact on the oil … Read More

London’s Court of Appeal rules in favor of Tullow Oil in Uganda’s capital gains tax case

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and … Read More

Tullow Oil to challenge the Tax Appeals Tribunal ruling in Uganda

Tullow Oil plc has announced that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT). The … Read More

East Africa lacks extractive industry taxation capacity

Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost a lot of revenue from the gold sector because of … Read More