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The mining industry of Uganda, documented as early as the 1920s, witnessed a boom in the 1950s with a record 30 percent of the country's exports. It received a further boost when mining revenues increased by 48 percent between 1995 and 1997. [ 1 ]
Uganda is increasingly developing other energy sources besides hydroelectricity, including evaluation of nuclear energy. [9] The energy generated is expected to be used internally through the expansion of electricity access in Uganda from estimated 20 percent in 2016 (about 900,000 subscribers) to 40 percent in 2020 (about 3 million subscribers ...
This was when the Minister of State for Minerals, Peter Lokeris, on 7 December 2021 presented the long-awaited Bill the Mining and Minerals Bill, 2021 to the committee for scrutiny. This bill was meant to repeal the Mining Act, of 2003 which had become ‘inadequate’ and ‘obsolete’ in protecting and streamlining the mining sector in Uganda.
The Rupa Gold mine of Karamoja, Uganda is an artisanal (informal) mine located approximately 10 km north of Moroto Town in Uganda’s Karamoja region. After years of instability caused by inter-clan cattle raiding and a decade-long military disarmament campaign in Karamoja, many people in the region have been finding alternatives to their traditional semi-nomadic pastoralist lifestyles.
Phiona Nyamutoro (born 9 December 1993) is a Ugandan politician and legislator serving as the National Female Youth Member of parliament in the eleventh parliament of Uganda. She is also the current Minister of state for Minerals in the Ministry of Energy and Minerals Development, to which she was appointed on 22 March 2024.
Local landowners in the mining area, however, filed a lawsuit against the government, protesting the development. The landowners lost that case in 2010. [12] In 2013, the government began negotiations with Guangzhou Dong Song Energy Company Limited from China to set up a mining and manufacturing operation at Osukuru. In 2014, the government and ...
JEPQ data by YCharts.. Long-term dividend yields. The monthly payouts added up to $5.38 per share over the last year, or a 10.7% yield against the current share price of approximately $58.
When the Uganda Oil Refinery is built, URHC will own the shareholding that the government of Uganda will acquire in the joint venture. [2] [3] Irene Batebe, a board member of the UNOC, also served as the Principal Refining Engineer in the Uganda Ministry of Energy and Mineral Development, since February 2009.