#Tilenga

A coalition of approximately 60 Ugandan subcontractors has requested an emergency administrative stay from the Finance Minister due to a $9.7 million payment dispute related to the Tilenga oil project’s worker camp. The subcontractors claim they are unable to meet an upcoming tax amnesty deadline because their capital is frozen amid the unresolved payment issues.

Uganda's oil industry is progressing towards significant milestones, particularly in the Albertine region where drilling and infrastructure development are underway, and the Tilenga project is nearing its first oil production. However, according to The Observer, many Ugandan businesses involved in the sector are experiencing a financial crisis due to a collective debt exceeding $9.7 million.