By Doris Atwijukire… Last week, President Museveni was sworn-in for another five-year term at Kololo Independence Grounds. Since the President is expected to appoint a new cabinet that is expected to prioritise, among others, income-generation to uplift Ugandans out of poverty, we hope his new government will take into consideration the plight of vulnerable families
Open Letter to President Yoweri Museveni. Support a pipeline through Tanzania not Kenya
By Angelo Izama… Dear Mr. President (Elect) Yoweri Museveni I hope this letter finds you well. By judging from the reporting of your trip to Nairobi over the oil pipeline issue the Kenyan political establishment expects nothing less than an agreement to export oil through Lamu. The Citizen reported that the talks had“collapsed”, for example,
Uganda should opt for Tanzania in the Oil Export Pipeline Deal
By William G. Naggaga… It was reported recently that the French oil giant, Total, was ready to finance the building of a crude oil pipeline from Uganda’s Albertine Graben to the Tanzanian port of Tanga. The pipeline would cost an estimated $4 billion (Shs13 trillion) and Total had already secured the required funding. The revelation was
Uganda Decision to take pipeline to Tanzania Should be a lesson to Kenya Policy Makers
By Mbatau wa Nga The announcement that Uganda and Tanzania had signed an agreement to build an oil pipeline between the former’s oil fields and Tanga Port did not surprise analysts following the ping-pong game between Kampala, Nairobi and Dar-es-salaam. This should not have surprised Kenyan policy makers, either, because Uganda had contracted Total, a
Uganda Energy Ministry Must expedite Implementation of National Local content Policy—Expert Local
By Dickens Kamugisha…. I would like to congratulate Ugandans for having successfully elected a president and their parliamentary representatives. To the winners and losers, I say we embark on the task of building the Uganda we want. Among these tasks is holding government accountable for its actions or lack thereof. Before we went to the
Uganda Must be Smart to profit from both Challenges and Opportunities of the Oil Sector—Expert
By Silver Kayondo… Oil prices have plunged again after China and South Korea posted weak economic results, while fading prospects for a coordinated output cut by leading crude exporters to reduce over-supply continue to hurt the market. China’s manufacturing sector has contracted at the fastest pace since January 2012, adding to the pile of worries
Opinion: Why oil and gas was a tie-breaker at Uganda’s Innaugral presidential Candidates’ debate
By James Muhindo… Uganda recently held a presidential candidates debate on January 15, 2016 at the Kampala Serena Hotel. The debate was organised by the Inter Religious Council on conjunction with the Elders Forum chaired by Justice Ogola. One of the outstanding issues from the debate that has continues to trend both on social and
Analysis: Why East Africa Has to Hold Onto the Oil and Gas Dream to Spur Economic Growth
By Stephen Kuria and Bernard Ayieko… The oil and gas market has been shaken and stirred by a raging storm. Some multinationals are actually abandoning the rigs, especially offshore ones. The US rig count has gone down by 31 to 760 on a month-by-month count. In some cases, exploration programmes have been put on the
Opinion: The Fall of Oil prices is an alarm Government of Uganda should not Ignore.
By Adellah Agaba Oil production is set to begin in 2017 and this has generated anxiety and expectations which are already a threat to peace in the country, not only to humankind but to the environment, economy and ecology. The discovery of oil and gas in any country worldwide causes impeccable excitement because it is
We should streamline auditing procedures for the Petroleum Fund—Expert
By Silver Kayondo… Recently, the New Vision reported that the Petroleum Fund held by Bank of Uganda has so far received a deposit of $63 million (about Shs212 billion) from the business activities of oil companies accruing from VAT, income tax and signature bonuses. It was further reported that an additional $244million (about Shs821 billion)