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Tag Archives: Haggai Matsiko

It’s raining oil dollars in Hoima

By Haggai Matsiko Foreign big-money investment frenzy in Tullow’s backyard It’s Sunday, but this town’s Main Street is beehive of activity. Nothing unusual; this is Hoima, Uganda’s oil boom town. Builders, masons, and painters can be seen everywhere hanging on wobbly wooden scaffoldings in a frenzy of construction activity. The …

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Stemming gun violence

By Haggai Matsiko Will a pact to check the illicit gun trade have an impact on Uganda? United Nations diplomats from over 190 countries, including Uganda, are at the organisation’s headquarters in New York discussing a pact to regulate the global arms trade. The Global Arms Trade Treaty (ATT) would …

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Living in fear of oil waste

By Haggai Matsiko Expectations of oil cash give way to anxiety as oil waste regulations delay The presence of billions of barrels of oil – the black gold- would ordinarily arouse great expectations in the minds of people everywhere. Not so in the Albertan Graben. Increasingly, a voice of communities …

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Economy on right track- IMF

By Haggai Matsiko Thomas Richardson, the Senior Resident Representative for the International Monetary Fund who is leaving Uganda for a new posting in India in July, tells The Independent’s Haggai Matsiko about macro-economic management, managing oil money, and the need for a new generation of leaders. How has your tenure …

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National water

By Haggai Matsiko Fight over Muhairwe’s job rages on as corporation declares profits National Water and Sewerage Corporation (NWSC) has just announced a Shs 10 billion profit. So why is the management at the corporation punching holes in the numbers instead of celebrating? Failure to name a new managing director …

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Chinese fever

By Haggai Matsiko When Museveni wears Beijing’s big boots On Feb. 21, the China National Offshore Oil Company (CNOOC), acquired a third of Uganda’s newly discovered but potentially huge oil reserves in a US$ 2.9 million farm-down deal with the British firm, Tullow Oil and France’s Total. Nothing official yet, …

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