Resource Center
Find us on:
Facebook Twitter Google Plus Youtube
Extractive Affair

An Extractive Affair: The world’s poorest country loses millions to tax dodging

ActionAid has released a new investigative report that reveals that cash-strapped Malawi lost over $43 million to one company in tax in the last six years.

read more
The King of Bunyoro, His Majesty Solomon Gafabusa Iguru displays a precious stone. The Kingdom hopes to use royalties to boost household incomes in the Region (Photo: Francis Mugerwa)

Bunyoro leaders demand for more

Leaders from the oil-rich Bunyoro Kingdom want Parliament to review the recently-passed oil laws and include clauses that will empower the Kingdom and people in the region to realise economic benefits from the exploitation of oil and gas resources.

read more
The Rössing Uranium Mine in Namibia is the longest-running and one of the largest open pit uranium mines in the world

Uranium can power Uganda’s growth, but at what cost?

Uganda’s Vision 2040 estimates that the country will require 41,738 MW of installed capacity by 2040, of which nearly 60% (24,000 MW) will come from nuclear. In this second article about Uganda’s nuclear industry, Luke Williams talks about how much uranium has been found to date and Uganda’s

read more
Finance Minister Matia Kasaija at the signing ceremony. (Photo courtesy of Norwegian Embassy)

Norway renews oil sector funding, urges Uganda to join EITI

The Norwegian government last week committed an additional 6.5 million dollars to support Uganda’s oil and gas sector in a new agreement that was signed by the Norwegian Ambassador to Uganda, H.E. Thorbjørn Gaustadsæther and the new Minister of Finance, Planning and Economic Development,

read more
Energy Ministry Permanent Secretary, Kabagambe Kaliisa at the launch of the licensing round in Kampala. (Photo: F. Nalubega)

Licensing application deadline extended, licenses expected in January 2016

The Ugandan government has extended the date of receiving applications for firms interested in securing oil exploration licenses in the Albertine Graben by a period of one month.

read more
Did you Know?

Publicly listed, IPO

A company is “publicly listed” if its shares are bought and sold publicly on a stock market/stock exchange. It is owned by the shareholders (who may include both individual shareholders and “institutional investors” such as pension funds), and managed by a Board of Directors elected by an Annual General Meeting.  Private businesses, even when they are quite large, can operate lawfully without listing on a stock exchange.  Public listing, however, is a useful way for a growing company to raise capital (at first through an “initial public offering” [IPO] that offers shares in the company for sale, and later through the issue of further shares), and most of the world’s larger companies are publicly listed.  Transparency requirements for publicly listed companies are higher than for wholly private companies, because the publicly listed companies are required by law to disclose financial and other information in reports to shareholders and government authorities.

More Terms: All Terms   A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z