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Nov 04 2021 CNOOC Uganda has confirmed a final investment decision FID for the Kingfisher field marking another step forward for the Lake Albert development By Ed Reed 04/11/2021 10 59 am
Uganda s second Oil and Gas licensing round The country s second oil and gas licensing round for the exploration of five blocks in the Albertine Graben Uganda aims to increase international investment into Uganda s oil rich energy sector with government expecting to sign Production Sharing Agreements and issue exploration licenses to successful firms by
Uganda gold deposits deposits of gold in Uganda 2021 10 25 Mubende Mubende district is located in the central region of Uganda approximately 150 kilometers from Kampala the capital city of Uganda gold mining in Mubende is conducted by
Mar 29 2018 Gold mining in Migori s Nyatike area is partly done by artisanal miners whose rudimentary techniques have continued to leave particles of gold in the mining debris that is now attracting firms
Nov 23 2021 Zambia gold scammer plans to set gold refinery in Kenya A little known foreign gold scammer is said to be planning to set up shop in Kenya A few months ago the Kenyan media was awash with articles about Bupe Chipando the proprietor of Alinani Precious Metals APM which they said was planning to set up a gold refinery in Kenya.
Jan 27 2015 This paper investigates whether Foreign Direct Investment FDI crowds out domestic investment in Uganda We analyse the effect on the aggregate economy and at sectoral level using data from 1992 to 2012 We obtain a robust neutral effect on the overall economy At sector level we find a crowding out effect in four sectors a crowding in
Dec 08 2021 There s a Nonsensical Propaganda Campaign to Make China Look Bad in Uganda On November 25 2021 an article appeared in Uganda s national newspaper the Daily Monitor with the headline
Feb 08 2014 The UN group estimates that about 271 million s worth of gold two thirds of the total value of smuggled DR Congo extracted gold passed through Uganda last year The Ugandan government lost an estimated 2.7 million in tax revenues by failing to account for this trade the UN report says The six member panel of experts puts the
Mar 18 2020 A review from Uganda Revenue Authority indicates that the mining sub sector can generate as much as Shs70.2b at an applicable rate of 5 per cent especially from gold tantalum and tungsten Most mines in Uganda the statement noted lack regular inspection through which production figures can be confirmed thus creating the risk of under
Nov 02 2021 The main taxes and fees imposed on extractive industry companies in Uganda are capital gains tax profit tax and royalties The Uganda Revenue Authority and Treasury are the main bodies responsible for collecting and managing taxes paid to the central government while the Ministry of Energy and Mineral Development is responsible for sector specific levies.
Oct 11 2021 The Busia gold mine is said to have about 12.5 million ounces of mineable gold according to Uganda Investment Authority UIA The Authority gave a license to Wagagai Mining to extract this gold after promising to invest US 50 million.
Uganda s state owned Uganda National Oil Company UNOC however has an option to acquire a 15 interest in the project after the final investment decision The Uganda National Environment Management Authority NEMA approved the environment and social impact assessment ESIA report of the Tilenga project in April 2019.
Aug 26 2020 Uganda Investment Authority UIA is a statutory agency which is mandated to promote attract facilitate register monitor and evaluate all forms of investments and business activities in Uganda as per the investment Code Act 2019 It is on the basis of this mandate that UIA initiates and supports measures that enhance investments in Uganda
The Private Sector Investment Survey that is conducted by the Bank of Uganda Uganda Bureau of Statistics and Uganda Investment Authority every year has found that in 2017 entities in the electricity and gas sector had the largest exposure to foreign debt from unrelated entities accounting for 73.4 per cent of the outstanding stock of
Aug 06 2019 The Uganda Investment Authority is under the spot for allegedly frustrating Indian investors with an investment worth shs25 billion Universal Granites and Marble Limited was in 2014 issued with an investment licence to start a granite cutting and polishing factory at the Namanve industrial park.
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Nov 28 2021 The National Assembly Public Investment Committee PIC is worried Kenya might lose Mombasa port for failing to clear standard gauge railway SGR loans The panel has summoned Transport Cabinet Secretary James Macharia and former Kenya Ports Authority KPA managing director Gichiri Ndua to shed light on the controversial SGR project
May 24 2021 The report which focuses on artisanal gold mining in Kenya South Africa South Sudan Uganda and Zimbabwe exposes the real damage to the environment being caused by this type of gold mining For instance the report notes how the trade of illicit mercury a substance that has been declared dangerous to human health and the
Sep 04 2021 DOKOLO The Uganda Investment Authority UIA has secured 200 acres of land at Koroto Northern Ward in Dokolo Town Council Dokolo district to establish an industrial park The team on the ground comprised of staff from the Ministries of Trade Industry and Cooperatives Finance Planning and Economic Development and Uganda Investment
Dec 06 2021 Uganda Investment Authority relocates to Namanve In 1997 the Government degazetted parts of Namanve Forest 10km from Kampala for
Jan 26 2021 HIGHLIGHTS Jervois to receive final environmental approval from the National Environment Management Authority NEMA to drill the CC copper gold target in the Kilembe area of western Uganda.
Oct 23 2019 Uganda s eco feminists are taking on mining and plantation industries Like other protected areas in Uganda Bugoma Forest has been threatened by encroachment for decades now up to a fifth of
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Aug 28 2019 According to the Uganda Investment Authority most operators under declare their production levels meaning most of the gold is transacted through shadowy channels Data from Bank of Uganda shows that Uganda s exports to the United Arab Emirates increased from USD72.95 million in February 2019 to USD259.53 million in March 2019.
Valery Sukhoroslov Ph.D Chief Geologist Over 50 years experience in the search exploration and expert evaluation of areas that are promising for gold tin platinum ilmenite zircon copper phosphorites in various regions of Russia Former Soviet Union countries and Africa Over 30 years experience in leadership positions.
Mar 26 2021 Mineral exports in Uganda remain highly secretive with reports indicating that the origin of gold which currently forms at least 44 per cent of Uganda s exports is not documented with much of it going out of the country without paying taxes However the Auditor General s report did not review the performance of gold.
Oct 22 2021 Energy Ministry calls upon investors to take advantage of the key investment opportunities in Uganda oil and gas sector With the right application of science technology and innovation there will be increased industrialization and commercialization in Uganda Museveni.
Several areas in Uganda have potential for producing diamonds according to several geological studies that have been conducted by successive governments in Uganda since the nineteen thirties According to the Uganda Investment Authority UIA some diamonds were discovered in Buhweju District during the colonial times when the
Apr 08 2018 5 Uganda Investment Authority Directors Sacked The Ugandan Investment Authority UIA board has terminated the employment contracts of senior managers in what officials described as a fresh restructuring process UIA Executive Director Jolly Kaguhangire said in several memos the restructuring exercise would focus on improvement of
Start Your Own Gold Mine SYOGM is the RCD Wealth Generation Plan Start Your Own Gold Mine is a straightforward integrated and turnkey business program that helps the client to start in gold mining production within 45 days It is carried out as consulting and mentor guided program.
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2.3.1 The Status of Artisanal and Small Scale Gold Mining in Uganda 24 Mercury amalgamation 24 2.3.2 Primary Ferrous Metal Production 29 2.3.3 Production of Recycled Ferrous Metals Iron and Steel 30 2.4 Production of other Minerals and Materials with Mercury impurities 30 2.4.1 Cement Production 30 2.5 Waste Incineration 31
Apr 15 2021 We congratulate the Government of Uganda and partners upon the occasion of signing key oil agreements to facilitate the development of the East Africa Crude Oil Pipeline EACOP project a significant milestone towards the attainment of the Final Investment Decision Allen C Kagina Executive Director Uganda National Roads Authority.