Apart from having Oil and Gas, a recent survey has spurred a discovery of a lot of minerals that exist in Uganda such as iron-ore, marble/limestone, gold, uranium, vermiculite, nickel, platinum, chromium, kimberlites (diamond), bentonite, aluminium clays, phosphates, copper, cobalt, wolfram, tin, coltan, rock salt and brine. According to Uganda’s President Yoweri Kaguta Museveni in
Why Museveni won’t compensate mineral-rich land owners
In an article published by the Daily Monitor, on Thursday October 2, 2014, the President of Uganda, Yoweri Kaguta Museveni said the government will change the law to allow intending investors in the mining industry to access private land that contains minerals without negotiating with the land owners. The President is quoted to have said “the
5 key aspects the government should consider before signing future oil contracts
The government is in the process of entering another phase of oil deals in which they will sign Production Sharing Agreements with oil companies for the production of oil in given wells. Here are some of the five key considerations the government should make before sealing those deals. Confidentiality clauses Clause 36.1 of the 2012
We need less of the oil excitement and more focus on agriculture
The discovery of oil is the kind of news that usually excites developing nations in many of which instances, the countries will focus on the prospective oil wealth as a potential trigger to the nation’s financial triumph. But for the beleaguered small-scale subsistence farmer who sits at the tail end of the social radar, such
The 2012 Oil Contracts: a good financial deal for Ugandans but without human rights and environmental safeguards
The Government of Uganda achieved a better deal, at least in the financial sense, for its oil in the Production Sharing Agreements that the government signed in 2012. The terms of the 2012 agreement are far more financially beneficial to Uganda compared to the agreements made before 2008, a report by Global Witness, an Oil
Oil opportunities continue to elude job-hungry Ugandans
The Petroleum (Exploration, Production and Development) Act, 2013, which became effective in April this year, was supposed to set the momentum for the growth of local content. However, it is doubtable whether the law will be able to effectively achieve its end. The Act compels oil companies to employ Ugandans if they qualify for the
Government starts compensating oil refinery evictees
The government has started the payment of the 718 residents- Project Affected Persons (PAPs) that were evicted as result of the plans to build an oil refinery complex in Hoima District. The victims are residents of 13 villages in Kabaale Parish, and according to the government’s Petroleum Exploration and Production Department (PEPD), Shs70 billion was
The Petroleum (Exploration, Development and Production) Act 2013
An Act to give effect to article 244 of the Constitution; to regulate petroleum exploration, development and production; to establish the Petroleum Authority of Uganda; to provide for the establishment of the National Oil Company; to regulate the licensing and participation of commercial entities in petroleum activities; to provide for an open, transparent and competitive
It is a bittersweet experience for Ugandans in the country’s new oil hub
Anaka, the small town in the newly created district of Nwoya, the latest to get added to the list of places that harbor some oil wells in Uganda, is starting to bustle with all sort of activity. As the natives of Nwoya will tell you, Anaka was before a little known place, yet now it
Oil hunt in Ugandan national park tests Africa’s eco defences
Reuters Uganda’s Murchison Falls National Park is bisected by the majestic Nile river and boasts some of Africa’s wildlife treasures – elephants, lions and a rare giraffe sub-species. Beneath it lies another natural prize: oil. Now French energy giant Total has begun surveys to prepare for seismic tests in the national park, one of