FDI expected to be reached by April 2020 ANALYSIS | LIAM TAYLOR – Africa Business Magazine | Oil deposits have sat beneath the shores of Lake Albert, in western Uganda, for millions of years. Since its discovery in 2006, plans to extract the oil, estimated at over 1bn recoverable barrels, …
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Do a thorough due-diligence on Bonang Power, government told Kampala, Uganda | RONALD MUSOKE | Fifteen civil society organizations (CSOs) have asked the Electricity Regulatory Authority (ERA) to share details with Ugandans that show South African energy firm, Bonang Power and Energy Pty Ltd, is technically capable and financially sound …
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Uganda woos new oil investors in Cape Town Kampala, Uganda | RONALD MUSOKE | Despite the current stalemate in the local oil and gas industry, the government remains optimistic that the joint venture oil companies involved in commercializing Uganda’s petroleum resources will reach a final investment decision before April, 2020. …
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Kampala, Uganda | THE INDEPENDENT | The Minister for Energy and Mineral Resources Irene Muloni has refuted allegations that sh24 billion meant for the construction of a bridge at Isimba Dam was swindled. Last week, the Speaker of Parliament Rebecca Kadaga told MPs that the funds were embezzled by Ministry …
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Why cabinet matters more than parliament | Melinda Adams & John Scherpereel | How do we know whether women are achieving equitable levels of political representation? For many years, scholars have focused on women’s representation in legislatures. But in many African states power is in fact concentrated in the executive …
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The key challenges for hydropower development in Uganda, and most countries in Africa, include the need for substantial up-front investment capital which cannot easily be raised by the sector, as well as environmental and social concerns such as the resettlement and compensations of persons Paris, France | IRENE MULONI | …
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Kampala, Uganda | THE INDEPENDENT | The government has officially unveiled five oil blocks that are available for licensing. Energy and Mineral Development Minister Irene Muloni unveiled what she termed as “five brides” that are available in Uganda for taking, to investors gathered at the East African Petroleum Conference and …
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Kampala, Uganda | THE INDEPENDENT | Uganda and Tanzania have agreed to complete and sign a Host Government Agreement for the East Africa crude oil pipeline by end of June this year. The new deadline comes after week-long negotiations between Ministers from Tanzania and Uganda. The protracted negotiations at Kampala …
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Kampala, Uganda | THE INDEPENDENT | The amount of crude oil so far discovered is six billion barrels, down from 6.5 billion barrels, the Uganda government has announced. Of the six billion barrels, the amount recoverable has also been put at 1.4 billion barrels, down from the initial range of between …
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Kampala, Uganda | THE INDEPENDENT | There is a new date for Uganda’s ‘First Oil’, which has now moved to 2022 from 2020, according to Energy Minister Irene Muloni. Addressing journalists in Kampala, Muloni said the delay is because the joint venture partners Total, China National Offshore Oil Company (CNOOC) and …
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The Independent Uganda: You get the Truth we Pay the Price