Kampala, Uganda | URN | The government needs to establish a comprehensive methane emissions management framework before commercial oil production begins, the Natural Resource Governance Institute (NRGI) has warned. In a new briefing titled Strengthening Uganda’s Oil and Gas Sector Methane Emission Abatement, NRGI says Uganda is approaching oil production without …
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Kampala, Uganda | URN | The rapid economic transformation taking place in the Bunyoro sub-region could create new opportunities for criminals to move or conceal illicit funds, the Financial Intelligence Authority (FIA) has warned. The authority has identified land transactions, money lending, corruption in local governments, cross-border trade, and smuggling …
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COMMENT | ALI SSEKATAWA | The year is 2029. Location: Masaka City. Venue: Ssekabaka Daudi Chwa II EACOP Stadium. On a wet November afternoon as the rain beats a gentle rhythm, the Kabaka of Buganda, Ronald Muwenda Mutebi, makes a grand entrance for the finale of the Masaza Cup, the …
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Kampala, Uganda | THE INDEPENDENT | CNOOC Uganda Limited (CUL) has reaffirmed its commitment to environmental protection and responsible petroleum development as Uganda moves closer to First Oil. The company joined the Petroleum Authority of Uganda (PAU), Uganda National Oil Company (UNOC), TotalEnergies EP Uganda, EACOP Ltd, Government institutions, local …
Read More »Uganda’s Investment Prospects Strengthen as Oil, Coffee and Industrialisation Drive Growth Kampala, Uganda | NEWS CORRESPONDENT | Uganda’s improving macroeconomic stability, stronger foreign exchange reserves and anticipated oil production are enhancing the country’s prospects as an investment destination, with economic growth expected to accelerate as commercial oil production …
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Tanzania has a blueprint to grow its economy tenfold by 2050, but faces multiple entrenched challenges if it is to prove realistic NEWS ANALYSIS | LENNOX YIEKE | Tanzania has set its sights on becoming a $1 trillion, upper‑middle‑income economy by mid-century. Under a long‑term plan known as Vision …
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Kampala, Uganda | URN | As the country prepares for first oil, a debate is emerging over whether the country needs petroleum-specific methane regulations or a broader national framework to control one of the world’s most potent greenhouse gases before commercial production begins. The government expects first oil before the …
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NEWS ANALYSIS | URN | When Uganda’s government and its joint venture partners reached the Final Investment Decision (FID) in February 2022, it marked the end of years of negotiations and the beginning of what many believed would be the country’s most transformative economic project. The agreement unlocked the development …
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Kampala, Uganda | URN | The construction of the 1,443-kilometre East African Crude Oil Pipeline (EACOP) has reached 91 per cent completion, bringing Uganda closer to achieving first oil production, which is expected by the end of this year. The USD 5 billion pipeline is designed to transport crude oil …
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COMMENT | IVAN DARLINGTON MWEBE | Recent fuel price shocks across East Africa have once again exposed a structural vulnerability the region can no longer ignore. In Kenya, diesel prices have climbed past Ksh 206 per litre, with petrol following closely. In Tanzania, fuel now trades above TSh 3,800 …
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The Independent Uganda: You get the Truth we Pay the Price
