Tag Archives: Binyina

Beehive of activity expected says PAU boss Rubondo Kampala, Uganda | RONALD MUSOKE | The level of investments in Uganda’s oil and gas project is exciting, says Ernest Rubondo, the executive director of the Petroleum Authority of Uganda (PAU). And in 2022, Rubondo says, the government expects close to Shs11 …

  Why experts don’t know whether to celebrate or criticise Kampala, Uganda | RONALD MUSOKE | Final agreements to kick-start production of oil in Uganda have taken over 10 years of bickering and anxious negotiation. But when they were finally signed on April 11, many watchers said they were unsure …

Secret dirty deals could end as govt signs transparency initiative Kampala, Uganda | RONALD MUSOKE | Uganda’s recent admission into the Extractive Industries Transparency Initiative (EITI) is a “step in the right direction,” according to local civil society. But many also remain cautious. Gerald Byarugaba, the extractive industries coordinator at …

Museveni’s aide Gertrude Njuba named Kampala, Uganda | RONALD MUSOKE | On Aug.10, artisanal gold miners in Bukuya and Kitumbi subcounties in the central Uganda district of Mubende were left in tears after soldiers acting on orders of President Yoweri Museveni kicked them off their patches. The two-day operation under …

New $20mn firm welcomed but analysts say government must strengthen legal and monitoring framework of minerals sector     President Yoweri Museveni’s launch of a $20 million African Gold Refinery Ltd (AGR) – the first in East and Central Africa – in Entebbe on Feb.20 was a bold step welcomed by …

Oil pundits sees Tullow Oil plc.’s new share sale a strategy to exit the country’s oil sector London-Based Tullow Oil plc’s announcement that it is once again scaling down its stake in Uganda’s oil development, shedding off nearly two thirds of its shareholdings to the rival firm, Total E&P for …

Setting up an oil refinery remains a big headache for the country’s oil and gas resources Optimism is the mood as the countdown to Uganda’s first oil continues and pressure mounts on the government to put in place critical infrastructure necessary for oil production in four years. “The government should …