Tag Archives: EITI

With billions of dollars at stake, voluntary transparency is no longer enough to guarantee accountability or protect citizens’ share of resource wealth   COMMENT | GARD BENDA | Globally, billions of dollars are lost each year due to weak transparency and accountability in the extractive sector. Estimates suggest that as much …

Kampala, Uganda | THE INDEPENDENT | A new report from the Extractive Industries Transparency Initiative (EITI) shows that resource-rich countries can significantly boost public revenues and sustainable development through transparency and sound fiscal management. It notes that with shrinking aid, rising debt, and volatile commodity markets, strengthening domestic revenue mobilisation …

Despite recent legal reforms, Uganda’s mining companies keep their true owners hidden, stalling transparency and accountability in a sector worth billions of dollars COVER STORY | RONALD MUSOKE | When Uganda was admitted into the Extractive Industries Transparency Initiative (EITI) fold in August 2020, it was hailed as a political and …

A defiant mining industry is testing whether transparency in Uganda’s extractive sector can survive on goodwill alone Kampala, Uganda | RONALD MUSOKE | When Gloria Mugambe, the Head of Uganda’s EITI Secretariat (UGEITI) stepped up to the podium at the launch of the country’s Fourth Extractive Industries Transparency Initiative (EITI) Report …

Fourth EITI report reveals companies still dodge key disclosures as beneficial ownership data remains thin and contract transparency has barely moved NEWS ANALYSIS | RONALD MUSOKE |  When Uganda’s fourth Extractive Industries Transparency Initiative (EITI) Report was released in Kampala on Nov.20, the message that threaded through Protea Hotel’s ground floor …

Kampala, Uganda | THE INDEPENDENT | Governance of natural resources is a defining factor in the economic future of many African nations says the Extractive’s Industries Transparency Initiative (EITI). Uganda is among the countries subscribing to contract transparency under the EITI as more people demand for more transparency in oil, …

But more money still missing, says Uganda’s third EITI report COVER STORY | RONALD MUSOKE | The value of Uganda’s mineral production has jumped from Shs 19.92 billion in 2020/2021 to Shs 202 billion in 2021/22. That is one of the findings from the country’s third report of the Extractive Industries Transparency …

International transparency body boss visits Kampala to follow-up on pledges ANALYSIS | RONALD MUSOKE | Following Uganda’s recent validation by the Extractive Industries Transparency Initiative (EITI) Board in May this year; Mark Robinson, the Executive Director of the EITI, visited Uganda on Aug.22-23 to follow-up on the recommendations the Board suggested …

Kampala, Uganda | THE INDEPENDENT | When petroleum resources were discovered in Uganda in 2006, a rift emerged between the government and civil society. It was inconceivable that the government, civil society, and oil companies would meet in one room to discuss how to manage the resource. The situation has “greatly’ …

Opaque oil contracts and mysterious gold export data dent EITI validation performance ANALYSIS | RONALD MUSOKE | With a score of 78.5 points out of a possible 100, Uganda has been commended by the Oslo-based Extractive Industries Transparency Initiative (EITI) Board following a recent validation of the country but, persistent issues …