Hoima Farmers Not Happy With Operation Wealth Creation

BY George Businge Farmers in Kinogozi parish Buhimba sub-county in Hoima district are not happy over what they termed as poor management of operation wealth creation (OWC) in area. OWC replaced NAADS and it was established by President Museveni in July 2013 with a view to eradicate poverty and facilitate growth of households’ income, mainly through agriculture and OWC funds was increased from 200billion to 1000 billion shillings. Speaking during meeting organized by African Centre for Trade and Development-ACTADE, a non-organization focusing at empowering locals on Budgeting processes in local government, the residents and their local leaders claimed that OWC has been poorly managed and as result many peasants have not benefited. Moses Abdul among other famers in Kisenyi told a meeting, attended by Hoima district Boss Kadiri Rungi, ACTADE officials and district Production officer Charles Kajura, that most of the famers in area have not benefited from the program…

Lands Minister Institutes Committee To Probe Rwamutonga Evictions

BY George Businge HOIMA - Lands Minister Betty Amongi has instituted a fact-finding committee to look into the controversy surrounding the Rwamutonga evictions where the government is going to set up an oil refinery in Hoima District. More than 250 families were evicted from a 485 hectare piece of land in August 2014 in Rwamutonga, Bugambe Sub County in Hoima district where a US firm, McAlester Energy Resources Ltd wanted to set up an oil waste treatment plant. They were evicted following a court order that was sought by Tycoon Joshua Tibagwa and Robert Basigarawo who were feuding with residents over the land. The probe team headed by the Hoima Resident district commissioner RDC Isaac Kawooya will verify the exact number of families that lived on the land before Tibagwa bought it from Bansigaraho as well as how Tibagwa acquired the land title. Other members on the committee are three…

Innovations That Are Fueling Uganda’s Development

You only have to look at how Uganda has grown bigger in people, towns and communities to understand the dilemma any business faces when you think of growth and business in the same sentence. Uganda is witnessing a huge rural to urban migration, while at the same time the rural to peri-urban development seems to be the driving force for decentralized business models and the boldest companies are taking this head-on, and in the process getting pleasantly surprised at the benefits to this gamble they’ve taken. With Uganda now actively pursuing an ambitious plan to become middle-income country in less than five years, the significance of a fairer distribution of basic services cannot be overstated. And with that comes the role of the private sector, in a market economy like Uganda’s. For a lot of businesses, the bold defining step to out of the centre (Capital City) has been one…

Innovations That Are Fueling Uganda’s Development

You only have to look at how Uganda has grown bigger in people, towns and communities to understand the dilemma any business faces when you think of growth and business in the same sentence. Uganda is witnessing a huge rural to urban migration, while at the same time the rural to peri-urban development seems to be the driving force for decentralized business models and the boldest companies are taking this head-on, and in the process getting pleasantly surprised at the benefits to this gamble they’ve taken. With Uganda now actively pursuing an ambitious plan to become middle-income country in less than five years, the significance of a fairer distribution of basic services cannot be overstated. And with that comes the role of the private sector, in a market economy like Uganda’s. For a lot of businesses, the bold defining step to out of the centre (Capital City) has been one…

Uganda Should Dedicate Oil Revenues To Infrastructure, Energy Development – Expert

Thomas Scurfield is the Economic Analyst for the Natural Resource Governance Institute and he is currently based in Tanzania handling taxation, revenue management and restructuring the National Oil Company. He spent 3 years in Sierra Leon working with the Ministry of Finance specializing in the Extractive Sector. Earthfinds’ Senior Reporter, Sam Jumbwike engaged him in a discussion about the prospects of Uganda’s Oil and Gas sector. Uganda is a new entrant in the petro club of Africa and we are in the infancy stage of devising most of the policies and decisions that are going to be used to manage the oil. What are some of the lessons that Uganda can draw from the countries that have walked this path before? There are a number of questions that a country has to ask itself when it is designing its fiscal regime. One is whether government revenue is the priority or…

Stanbic Bank Goes To Hoima For Oil Money

More commercial banks are entering Hoima town in western Uganda eying oil money. The latest bank to make the move is Stanbic Bank which opened up its branch early this week. The bank said it will provide "an enhanced service experience for customers in Uganda’s future oil producing region" by "rolling out specific financial services targeting the oil and gas industry." The bank's Executive Director Kevin Wingfield said Stanbic Bank has prioritized the oil and gas industry in all its operations. “Oil and gas is a core sector for the bank, and is supported by a dedicated team of experts who offer advisory support for a range of financial solutions,” he said. The bank promised to help its customers in Hoima and the region to tap into the oil sector by building their capacity and offering financial help. Hoima town is home to various commercial bank who are also eying…

Tanzanians Told To Prepare For Oil Jobs, Opportunities

The emerging oil and gas industry in the East African region present opportunities that will attract investment and create jobs, the East African Legislative Assembly (EALA) members explained during a field tour in Tanga region in Tanzania. Uganda, Kenya and Tanzania are freshly undertaking development of recently discovered natural resources like oil and gas. Uganda and Tanzania are undertaking a major infrastructure development to transport crude oil from Hoima, western Uganda, to the Tanzanian port of Tanga while Tanzania is laying different pipelines to transport its gas across the country. The two countries are planning for the implementation of the East Africa Crude Oil Pipeline (EACOP) project. The Assembly and authorities in Tanzania believe that the construction of the export crude oil pipeline from Hoima to Tanga will attract massive investment and create jobs which citizens can take up. About 1, 500 direct jobs and another 20, 000 indirect jobs…

Tanzania, Uganda Agree To Speed Up Construction Of Regional Pipeline

Officials from Tanzania and Uganda have agreed to speed up the execution of the US$3.5 billion East Africa crude oil pipeline (EACOP). Energy and Minerals minister of Tanzania, Sospeter Muhongo, and his counterpart, Irene Muloni, signed and exchanged documents that allocate roles to each party. Muhongo is reported to have stated that the speed in which the project was moving was impressive. He also urged stakeholders to support the project after stating that the meeting covered several matters – including the fiscal package, Tanga Port operations, infrastructure, the pipeline project team, land acquisition. Uganda sent a letter to the Ministry of Finance, Planning and Economic Development and the ministry has embarked on the legal analysis of the proposed fiscal package. In order to proceed with critical milestones, it was proposed that the parties consider removing the fiscal package from the inter-governmental agreement (IGA) to allow for an IGA to be…

Victoria University Oil And Gas Management Training Set

Victoria University‘s Oil and Gas Department has announced that registration for November-December 2016 Intake Oil And Gas Management Training is ongoing. The Kampala based University added that training in oil and gas management will start on 5th November2016. A statement released by the University elaborated that the training is conducted by professionals working in the oil and gas industry and other consultants practicing along the oil and gas value chain. Trainees will receive Certificates in Oil and Gas Management and O&G HSE Management. “These programs target professionals who are working in the oil and gas industry and those working for organizations and sectors whose businesses support the oil and gas industry. The programme includes an oil and gas education/field tour of the Oil Fields in the Albertine Graben (Hoima and Buliisa Oil Fields). The training program equips delegates with skills and knowledge to start a rewarding career in the oil…

Kenyan Truckers For Early First Oil Shipment

Truck owners are on the verge of cashing in on the first Kenyan oil shipment after Oil Company Tullow Oil Plc’s said it’s seeking trucking companies to transport crude from northwestern fields to the port city of Mombasa. Kenya is expected to see its first oil next year. The truckers according to Tullow will move crude in insulated containers from a production facility near Lokichar, Turkana County, to storage facilities run by Kenya Petroleum Refineries Ltd. The statement by Tullow said it plans to lease 100 ISO T11 standard insulated containers with a minimum fluid capacity of 25,000 liters. Kenya, which has about 750 million barrels of recoverable reserves, plans to construct a 865-kilometer (538-mile) pipeline linking the northern fields to a port being built on its Indian Ocean coastline by 2021. But government says initial production of about 2,000 barrels per day, expected June next year will be hauled…
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