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
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
UMEC 2015 set to showcase Investment Potential in Uganda’s Mining Sector
In 2014, the estimates of discovered oil in Uganda rose from 3.5 Million to 6.5 Million Barrels. The recent revelation that Uganda was exploring areas like Karamoja and the Hoima Basin to find more oil, the hopes to embark on commercial output in 2017 and the new round of licensing in the sector scheduled to
Uganda’s quest for more oil reaches Karamoja
[googlemap src=”http://” width=”500″ height=”360″ align=”alignleft” ]By Zakaria Tiberindwa and Edward Tumwiine Uganda’s discovered oil reserves are estimated at 6.5 billion shillings and it is believed that if the oil is well utilized, the money from the resource could lift the country from a developing nation to middle-income status. However the country’s quest for more oil
Refinery site residents abandon farming as they await oil compensation money
In this little-known village of Kyapaloni, we have just arrived in the trading centre and the boys or should we say the young men are playing cards. It‘s few minutes past noon, people should be somewhere in the garden digging but who cares about digging any more, not in this village. Kyapaloni is a village
Uganda’s estimated oil reserves rise to 6.5 billion Barrels
Uganda’s Petroleum resources are now estimated to be at 6.5 billion barrels up from 3.5 billion barrels that was estimated in August 2012. According to a press statement of Kabagambe Kaliisa, the Permanent Secretary of the Ministry of Energy and Mineral Development that Ultimate Media has seen, the increase in the estimated petroleum resources is
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