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Peninah Aheebwa is responsible for ensuring cost-efficient oil and gas operations in the country, the economic feasibility of the projects and promoting the participation of Ugandans in the sector. Ms. Aheebwa has experience in the economics, commercial and policy aspects of Uganda’s oil and gas sector. She has contributed to the negotiation of the production licenses, Production Sharing Agreements, the commercialization plans for the country’s oil and gas resources and the formulation of the country’s legal and regulatory framework. She holds a Master of Science degree in Energy Studies specialising in Oil and Gas Economics from the University of Dundee,…
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The Stanbic Purchase Manager’s Index (PMI) for September shows that the private sector activity remained in the growth territory at the end of the third quarter of 2019. The survey, sponsored by Stanbic Bank and produced by IHS Markit, indicates that ability of firms to secure additional customers resulted in higher new orders and a subsequent expansion of business activity. Meanwhile, both input costs and output prices continued to increase. Benoni Okwenji, Stanbic Bank’s Fixed Income Manager The headline PMI was 55.7 in September, down from 57.5 in August, but still above the 50.0 no-change mark. Stanbic Bank Fixed Income…
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