Uganda’s predominant natural resources are copper, cobalt, hydropower, limestone, salt, phosphate and oil. In 2009 energy companies discovered vast reserves of oil in the Albertine basin, which experts have estimated as holding at least 2 billion barrels of recoverable oil. Small scale production started in early 2012.
Sources: US State Gov
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Coming up over the summer of 2013
Capacity Building on EITI – PWYP Uganda will be hosting a capacity building training on EITI for its members in early July. Last May, President Yoweri Museveni called on the government to move forward with preparing for EITI. The intent to join the initiative was reiterated by Hon. Muloni at the EITI Global Conference later that month. PWYP members will examine the five criteria Uganda needs to meet before being accepted as a candidate country and analyse the challenges and opportunities for helping the country achieve them. Tullow Oil has been invited to the meeting to share information concerning their 2012 CSR Report.
Upcoming consultation of the public finance bil_ – PWYP Uganda will hold a two day meeting to discuss the public finance bill which is currently before the Parliamentary Committee. The bill proposes ways in which oil revenues will be managed. Members will examine the whether the bill has strong transparency and accountability and access to information provisions.
25 April 2013 – PWYP Uganda held its General Annual Meeting, during which they elected a new executive, adopted a Memorandum of Understanding to guide its members, adopted a host institution agreement and a new membership criteria. Members also evaluated the performance of the coalition towards the fulfillment of 5 year strategic plan.
14-15 March 2013 – PWYP Uganda held an EITI Conference which was attended by 130 participants, including representatives of Government Ministries and agencies, Cabinet Ministers, Members of Parliament, Development Partners, Civil Society Organisations, the Media, Delegates from Nigeria and Tanzania, the EITI Secretariat in Oslo and the private sector.
The main objective of the conference was to bring together selected stakeholders to discuss and propose a way forward on the adoption and implementation of EITI in Uganda. There was a particular focus on the oil sector, especially looking at on-going legislation (the Public Finance Bill of 2012) its future implementation and benefits to citizens and national development.
At the end of the conference, participants adopted a statement on EITI where they called on the government to expedite the process. The statement also expressed the commitments of civil society to help shape the EITI process in Uganda.
17 September 2012 To celebrate PWYP’s ten year anniversary, PWYP Uganda produced this poster highlighting their recent achievements. It featured in the PWYP Bazaar.
Download the conference report.
Why transparency in the extractive industries matters to women