By James Muhindo…. The prevailing unprecedented depreciation of the Uganda shillings against the dollar has sent shock waves to every one of the four corners of the country. The situation is worsened by the fear that forth coming general elections are going to cause more damage, given the experience of a
Tullow Oil agrees to settle $250 Million tax dispute to Uganda
Tullow Oil plc has agreed to settle the outstanding Capital Gains Tax (CGT) bill to the government of Uganda and it’s Tax regulatory body Uganda Revenue Authority (URA) after a long standing tax rift. According to an official statement from Tullow Oil, one of the leading players in Uganda’s Oil and gas sector, the company
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.
Uganda cabinet approves first open- bid licensing round for Petroleum Exploration
Cabinet has approved plans to open up six blocks in the Albertine Graben for licensing in the country’s first competitive bidding round. State Minister for Energy, Eng. Simon D’ujanga, informed parliament last week that preparations for this bidding round commenced after the new law was put in place and were now culminating with the submission
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
A call for consultants to do a feasibility study on enterprise development in the Albertine Region
Living Earth Uganda, a natural resources and environmental management NGO in Uganda is looking for organizations or individuals, with the experience and skills to undertake a feasibility and scoping study for enterprise development in rural communities. This duty is part of LEU’s broader Jobs and Oil project aiming at making oil work for poor people
Why Tullow Oil PLC is cutting expenditure elsewhere and focusing on exploration in East Africa
Amid-st the turbulent rage of the faltering oil prices Tullow Oil PLC has resolved to revise its investment priorities and focus on East Africa and Ghana in West Africa come 2015. In an Interim Management Statement issued on 12th November 2015 Tullow indicated that though exploration will remain a key part of the company’s future
Environmental Management is key to managing Uganda’s oil- NEMA Executive Director
The Executive Director of the National Environmental Management Authority, Dr. Tom Okurut has said environmental management is a key factor in the development of Uganda’s Oil and Gas Sector, Resource Management and Financial Management being the other key elements in the sector. While speaking at 1st Petroleum Industry Environmental Management Conference held at Speke Resort
Women’s rights in the oil sector go beyond land rights- Activist tells government
In an article published in the Newvision the Minister of Gender, Labour and Social Development Mary Karooro Okurut was concerned that there is a total disregard of women in the compensation process for land identified for roads, drillings sites and the oil refinery in the Albertine Graben. However, Betty Akol the Assistant Projects Officer of