The people who are still employed by Tullow Oil have a reason to thank their God. The last couple of months have been months of uncertainty, speak of this thing they call Job insecurity. Certainly, the fate of many in Uganda, for example, must have remained hanging in balance until last week when Tullow Oil
So Kenya bought a 2.5% stake in Uganda’s Oil refinery but why really?
Kenya bought 2.5% stake in Uganda’s Oil Refinery and that is supposed to be good news. Indeed it is good news. Actually, Kenya’s decision to get a stake in Uganda’s Oil Refinery, a couple of weeks after RT Global Resources was selected to construct the refinery goes against the notion that Kenya would oppose Uganda’s
Cultural institutions strife: It’s not about monarchies but control over natural resources
By Muhindo James A day after police made public a plot to poison the King of the Great Bunyoro Kitara Kingdom, Omukama Solomon Iguru Gafabusa, I was astonished to read a pronouncement by Prince David Kijanangoma of Tooro in light of his resolution to over throw Tooro Kingdom’s youthful Monarch, Omukama Oyo Nyimba Kabamba Iguru.
The slump in global oil prices: was it the wake-up call Uganda needed
February was a fairly busy month for anyone keen on developments in Uganda’s Oil and Gas sector. Obviously Tullow Oil released its 2014 Full Financial Year Results as anticipated- the kind that Tullow would love to forget. Uganda’s cabinet approved the first open licensing round for petroleum exploration putting some six blocks up for grabs
The oil curse; are Uganda’s youths feeling the pinch?
The recent activities of Jobless Brotherhood, the National Association of the Unemployed, NRM Poor Youth and the Uganda Youth Liberation Front have caused concerns that Uganda’s youth could become a disestablishing factor if widespread unemployment is not solved especially as the country starts to exploit oil and gas resources. Some experts have warned that this you
Cultural institutions and the share they got in Uganda’s oil: why Bunyoro should be contented
If the total worth of Uganda’s oil was to be divided into 100 shares, Bunyoro would be entitled to only less than a share of that worth. Not that it deserves anything more or less. It’s what the (soon to be enacted) law stipulates and going by Austin’s theory, the law is the law. It
Some quick facts about the oil discoveries and resources in Uganda
When every one is talking about Oil in Uganda, these facts should be on our finger tips and any person who has interest in this sector may already know this but well, we thought sharing this may help someone out there who has no clue about the sector. Twenty one (21) oil and/or gas discoveries
Boost private sector to maximize oil and gas benefits, World Bank tells government
In a recently completed World Bank study one of the key messages that the world bank sends out to Uganda Oil and Gas industry stakeholders is to build the country’s private sector. The study titled: “Leveraging Oil and Gas Industry for the Development of a Competitive Private Sector in Uganda” emphasizes that Uganda’s private sector
Oil will only deepen Uganda’s governance crisis- Makerere University Don, Dr. Busingye Kabumba
Busingye Kabumba is Lecturer of Law at Makerere University and a Consulting Partner of Development Law Associates. While Presenting a Paper on Oil and the Youth in a workshop organized by the Africa Institute of Energy Governance at Grand Imperial Hotel in December 2014, Kabumba said that Oil is simply a new site of tension,
Why Uganda will not benefit from the slump in Global Oil Prices
When Ugandans query the constant upsurge in oil prices, they are often reminded by fuel dealers that the global oil price trends largely driven by the Middle East suppliers especially Saudi Arabia are the reason to blame. However, developments in the recent past suggest that the dealers only use the global oil prices as the