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Earth Finds

South Sudan Encourages Refiners, Traders To Take Part In Upcoming Crude Tenders

South Sudan's Minister of Petroleum Ambassador Ezekiel Lol Gatkuoth has announced that the government was inviting more refiners and traders to take part in its upcoming competitive tenders for government-owned crude cargoes.

"Due to efforts by the government, under the leadership of H.E President Salva Kiir to increase current production levels, with the target of reaching previous levels of more than 300,000 bpd, we do expect to put more crude on the market and are seeking to expand our base of buyers," said Minister Gatkuoth.

The minister also said that South Sudan would sell its crude via a competitive and transparent tender process for spot and term buyers. "Prepayments allow the government to access revenue at competitive rates, especially as the government continues to finance the ongoing peace process," the Minister said.

South Sudan has embarked on a peace process under the leadership of H.E President Salva Kiir and H.E First VP Taban Deng Gai which has significantly contributed to a resumption of work on previously abandoned oil fields.

Operating companies nationwide are engaged in preparing for oil production resumption, likely increasing production by the end of 2019 to 200,000bpd. The expected increase in production is already having a significant positive impact on South Sudan's economy, with thousands of young south Sudanese newly employed by oil operators to contribute in the production increase efforts.

"The government continues to be optimistic about the potential of South Sudan and the investment opportunities for energy industry players here," said Minister Gatkuoth.

"Many young South Sudanese look at our oil industry for training, empowerment, innovation, and not just any job but good jobs. The oil industry will continue being the largest investor in the country and therefore has a special responsibility to work with the government and all South Sudanese to ensure that the resources benefits every South Sudanese."

AfDB's Prof. Nyong Named Among World's 100 Most Influential People In Climate Policy

The African Development Bank is pleased to announce  the nomination of Professor Anthony Nyong, Director for Climate Change and Green Growth, as one of the '100 Most Influential People in Climate Policy 2019' by Apolitical, a peer-to-peer learning platform for governments.

Nyong, a pioneering and globally recognized climate change expert, was named among the top 20 on the prestigious listing announced Wednesday in London.

Lisa Witter, Apolitical's Executive Chairman said: "The need to reduce greenhouse gas emission is urgent. 174 countries and the EU agreed to act at the Paris Agreements. At Apolitical, we highlight the good work that government does and help it to become even better. By showcasing these climate policy leaders, we hope to encourage more collaboration and exchange to accelerate the effective response to the global climate threat."

Nyong joined the Bank in 2008 and built up the Bank's climate change initiatives including its Green Growth Agenda. Prior to joining the Bank, he worked as a Senior Program Specialist for Climate Change at the International Development Research Centre in Nairobi.

In this role, Nyong successfully mobilized substantial resources to set up the Climate Change Adaptation in Africa program that has significantly built adaptation capacity across the continent.

Prior to that, he was a Coordinating Lead Author of the Fourth Assessment Report of the Intergovernmental Panel on Climate Change and was a Co-Recipient of the 2017 Nobel Peace Prize for his contributions. Mr. Nyong also served as a Professor of Climate Change at the University of Jos, Nigeria.

"We are delighted by this nomination of one of our own to this list," Bank Vice President, Power, Energy, Climate and Green Growth, Amadou Hott said. "It is a worthy recognition of his - and the Bank's -commitment to respond to climate change threats on our continent, which remains disproportionately affected."

Apolitical's '100 Most Influential People in Climate Policy' list celebrates inspirational leaders, politicians, advocates, youth activists, academics and diplomats from all over the world whose work is indispensable to raising awareness, such as Greta Thunberg, the 16 year old Swedish activist and Nobel Peace Prize nominee, who sparked off a worldwide movement to fight against global warming, Alexandria Ocasio-Cortez, the youngest ever US Congresswoman and lead advocate of the Green New Deal, Patricia Espinosa, and David Attenborough, world-renowned British historian.

The list was compiled from hundreds of nominations from governments, international organisations and academia, including the UNDP, Harvard, Oxford, Bloomberg, the Climate Action Network.

 "It is an honour to be acknowledged amongst such an influential list of leaders who are passionate and actively working to influence policy and make a tangible difference towards addressing global climate change," said Nyong.

"Climate change has evolved from an environmental worry to a threat on global development, particularly in Africa. The African Development Bank under the leadership of Dr. Akinwumi Adesina, has demonstrated a strong commitment at both policy and implementation level, to climate compatible development in Africa."

8 Worrying Things M7’s Tripartite Committee Discovered At Bank Of Uganda

Bank of Uganda is going through one of its hardest seasons and it keeps getting worse by the day. The latest news involving the central bank point to an institution that is being mismanaged and setting a bad precedent in the echelons of public service.

In February, 2019, a damning report by parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) after probing the irregular sale of commercial banks by Bank of Uganda unearthed how the central bank flaunted laws, protocol, procedures and perfected negligence when taking and selling banks deemed unfit to serve in the banking sector for various reasons.

New exposes emerging from various news wires reveal how Bank of Uganda governor Emmanuel Tumusiime Mutebile illegally hired people in key high bank’s positions, demoted and transferred others without prior approval of the board of directors and following the layed out laws governing Bank of Uganda.

This, according to information available, went on even after the interference of the Inspector General of Government. Apparently, when the IGG intervened, Mutebile was quick to remind the IGG of the central bank’s autonomous status and how they are not answerable to the IGG office.

These development sucked in President Yoweri Museveni who was not happy with the bad publicity the central bank was getting. The president then instituted the Presidential Tripartite Committee to investigate and make a report. The committee did its work and filed a report which as expected is going to be studied and cause action.

The Presidential Tripartite Committee had the following members: Hon Abdu Katuntu(MP) Chairperson , Hon Anita Among (Hon) member, Hon Micheal Tumusiime(MP) member, Hon Elijah Okupa (MP) Member , Lady Justice Irene  Mulyagonja Kakooza (IGG) Member, David Makumbi (IG Staff) member, Justus Kareebi (IG Staff) member, Sarah Birungi (IG Staff) Committee Secretary, Judy Obitre-Gama (BOU Board) member and Keith Muhakanizi (BOU Board) member.

Mutebile, on 7th February 2018, issued an internal memo in which he communicated a number of staff transfers and appointments. The memo communicated appointments of five staff from outside the bank to various juicy positions in the bank of Uganda.

After the Governor made these reshuffles a number of complaints were filed with the Inspector General of Government and the parliamentary committee on Commissions, statutory authorities and state enterprises (COSASE).

The Allegations that were picked by the Presidential Tripartite Committee were eight in number and they are below.

1-      The complainants wondered how six new staff were appointed from outside the bank without interviews. They include Dr Twinemanzi Tumubweine, Executive Director Supervision, Valentine Ojangole as Director Banking, Edward Mugerwa as Director IT Operations Department, Ms Kande Sabiiti as Procurement Assurance Manager (Director), Dr Natamba Bazinzi as Assistant Director Currency Administration in currency Department.

2-      The newly appointed staff were granted permanent and pensionable terms contrary to probationary policy.

3-      Two new externally recruited staff lacked the minimum academic requirements for entering bank of Uganda, they are Twinemanzi Tumubweine and Kande Sabiiti.

4-      Governor Emmanuel Tumusiime Mutebile created five new positions that did not exist on approved structure of Bank of Uganda and some lacked job descriptions.

5-      The Governor Promoted nine staff members to assistant director level without conducting interviews.

6-      Two new Directors have been appointed to departments with substantive directors creating confusion as to what happens to existing directors.

7-      One deputy Director was demoted to assistant director without justification, Ms Angela Kasirye.

8-      The appointment of Tubemanzi Tumubweine was premised on nepotism, influence peddling and conflict of interest.

After the complainants were filed the Inspector General of Government wrote on 23rd February 2018 to the Governor and requested him to respond. On 6th March 2018, Governor Mutebile responded to the IGG’s letter saying he followed the law.

Bank Of Uganda In Trouble Over NSSF Unmet Remittances

Just before the dust resulting from the revelations made by parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) regarding the closure of commercial banks settles down, Bank of Uganda (BoU) is yet faced by another money misappropriation scandal, this time involving National Social Security Fund (NSSF).

News coming from the Bank of Uganda indicate that the central bank has not paying the mandatory monthly remittances of about Shs2 billion deducted from eight employees’ salaries as required by the Act establishing the NSSF.

And for facilitating the fraudulent practice, Eagle Online reports that some BoU legal team members are also in trouble after the Law Council denied them practicing rights after it emerged that they helped some of the former employees at the central bank to evade sending the remittances to NSSF. The head of the legal team Margret Kasule has been implicated.

According to the news report by Eagle Online, Bank of Uganda under declared the ages of some employees even as they were of age having clocked 60 years, the mandatory retirement age in Uganda for public servants.

“It is said that when NSSF continued asking for remittances of the officials whose age was under declared, BoU administrators made a u-turn and made it clear that the officials had retired, forgetting that they had lied about the ages of the officials,” the online news agency reported.

Eagle Online also understands that NSSF has declined to grant BoU a clearance licence as regards the affected officials which has resulted into denial by law council to grant them a practicing license. Law Council says that the due processes has to be followed before the certificate can be issued.

According to a leaked letter dated March 6, 2019, NSSF wants BoU to provide them with copies of National Identity cards for its staff so that they can verify the correct ages of the affected employees with the National Identification and Registration Authority (NIRA).

“We refer to the above subject and the emails between NSSF and Bank of Uganda on the matter. We understand the urgency of the situation , however, you will appreciate that we have to follow due process of assessing an employer’s records to ensure compliance with NSSF, before we can issue out a clearance certificate” reads the letter in part.

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