Government Launches Plan for Economic Recovery Amidst Covid-19
The Permanent Secretary in the Ministry of Finance, Planning and Economic Development, Ramadhan Ggoobi has said the government must rise to the challenge of undoing its old age problem of poor policy implementation. He made the remarks as the ministry launched an economic growth forum book titled: “Beyond recovery: Policies towards resurgent growth in Uganda, […]
The Journey to FID – History of Petroleum Exploration in Uganda
The Early Efforts (Pre-1980) In 1925, the Petroleum Potential of Uganda was documented by a Government Geologist E.J. Wayland, in the publication “Petroleum in Uganda”. The report documented the existence of oil seepages along the shores of Lake Albert on both Uganda and DRC sides. In 1936 -1956, the first shallow stratigraphic wells were drilled by the […]
A shift to clean energy won’t affect us, says Museveni as Uganda signs deal to mark the start to oil production
The global shift to clean energy will not have a big toll on Uganda’s oil as many have predicted. President Museveni In a bid to preserve the environment, the global call for a shift to renewable energy has gained momentum with many saying the world now needs to adopt energy sources like solar, biogas, ethanol, […]
Uganda, Tanzania resume talks over trade barriers
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REAP improving public financial discipline in Uganda’s government
The Resource Enhancement and Accountability Programme (REAP) is at the centre of implementing the Government of Uganda’s Public Financial Management (PFM) Reform Strategy July 2018-June 2023. REAP works to strengthen Public Financial Management at all levels of government and ensure efficient, effective and accountable use of public resources as a basis for improved service delivery. […]
Uganda, Tanzania sign oil pipeline agreement
President Yoweri Museveni signed on Sunday the East African Crude Oil Pipeline project agreement with his Tanzanian counterpart Samia Hassan Suluhu. “The EACOP Tripartite Project Agreement has been signed by all parties with commitment for realization of the Equal project; for the benefit of all people of Uganda and Tanzania in the spirit of East […]
Uganda Airlines receives second Airbus
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Uganda joins the EITI
The EITI Board has approved Uganda’s application to join the EITI, making it the EITI’s 54th member country and the 26th in Africa. EITI Board Chair, Rt Hon. Helen Clark, welcomed Uganda to the EITI community: “EITI implementation can help lay the foundation for transparent and accountable management of the country’s natural resource wealth. We […]
World Bank Provides US$300 Million Additional Financing To Boost Service Delivery Through Local Governments in Uganda
The World Bank Board of Directors today approved $300 million in additional financing to the Uganda Intergovernmental Fiscal Transfers Program for Results (UgIFT) to boost local governments (LGs) service delivery in education, health, water and environment, and micro irrigation, including in areas hosting large populations of refugees. The financing includes a credit of $240 million and a grant […]
Electronic Government Procurement (EGP) To Counteract Corruption.
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