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Governance

  • Transparency makes business sense!

    By Peter Wandera

    Globally, we are seeing huge public demand for corporate and government accountability. Demonstrations occur every day in countries across the world to protest corrupt regimes and unethical business practices. With this intensified pressure for accountability and integrity, transparency is in high demand. Read More

  • Ex Ghana President advises on oil management

    H.E. John Kufuor

    Former Ghana President, John Kufuor, has advised Ugandan leaders to adhere to the principles of good governance if the country’s oil sector is to be sustainably managed.

    H.E. Kufuor was in Uganda last week to take part in activities to commemorate the 90 year anniversary of Makerere University. Read More

  • Refinery residents unhappy with compensation process

    Innocent Tumwebaze claims he was attacked by security officials in Kitegwa village when they found him encouraging the villagers to stand up for their rights.

    The first phase of the ongoing implementation of the Resettlement Action Plan (RAP) in Hoima District is facing resistance from some angry residents, with some of them threatening to take the government to court over unfair compensation of their property. They are also claiming that government agents are harassing them and coercing them into signing consent forms. Read More

  • EITI helps Nigeria clean up its act

    The Nigeria Stall at the EITI exhibition in Sydney. Nigeria has recovered billions of dollars of mismanaged funds as a result of EITI.

    Oil has long fuelled corruption in Nigeria, which currently ranks 139th out of 176 countries in Transparency International’s global ‘Corruption Perception Index.’ (The lower the rank, the more corrupt the country is perceived to be; Uganda ranks only slightly higher, at 130)

    Yet membership of the Extractive Industries Transparency Initiative (EITI) is helping to clean up the country’s oil sector, according to Faith Nwadishi and Hilary Enenche, who work for the Nigerian branch of EITI. Read More

  • Oil agreements can be made public-Tullow official

    Tullow Oil’s Lesley Coldham speaking at the meeting

    A senior  Tullow Oil official last week reiterated the company’s position on making public the Production Sharing Agreements (PSAs) the company has with the Uganda government.

    Speaking at a civil society meeting in Kampala last week, Tullow’s Group Public Affairs Manager, Lesley Coldham, observed that publishing such information promotes transparency which is important for the company’s profitability. Read More

  • US court rules against oil transparency

    A US court has dealt a blow to demands for greater transparency in the global extractives industry by ruling that companies do not have to publish details of payments they make to foreign governments.

    Section 1504 of the 2010 Dodd-Frank Financial Regulation Act had been widely interpreted to mean that natural resource companies listed on the US stock exchange would have to disclose all overseas payments. Read More

  • Address power imbalances for oil sector to thrive

    Dr. Jörg Wiegratz

    Dr. Jörg Wiegratz is a Lecturer in Political Economy of Global Development at the University of Leeds, School of Politics and International Studies. He is the author of, among others, Fake capitalism? The dynamics of neoliberal moral restructuring and pseudo-development: the case of Uganda, and Uganda’s Human Resource Challenge: Training, Business Culture and Economic DevelopmentRead More

  • Image: Chris Musiime, Managing Editor

    Nigeria’s story should inspire Uganda to join EITI

    By Chris Musiime 

    A week ago, Nigeria’s President Goodluck Jonathan ordered Nigerian revenue collection agencies to recover $9.6 billion in underpaid or unpaid taxes and royalties from oil companies operating in Nigeria, following an audit of the country’s oil and gas sector stretching over the last ten years.

    For a long time now, corruption and successive weak leadership have ensured that half of the 70 million Nigerians remain in poverty, despite their country being the leading crude oil producer in Africa. Read More

  • Uganda to join EITI soon, says Energy Minister

    Hon. Irene Muloni (left) poses with the Council for African Policy’s Patrick Ongodia and another Ugandan delegate, Don Binyina, at the EITI conference in Sydney.

    The sixth global conference of the Extractive Industries Transparency Initiative (EITI) ended today in Sydney, Australia, with all member countries and prospective member countries, including Uganda, re-affirming their commitment to the initiative. Read More

  • EITI unveils revised standards

    The Nigeria Stall at the EITI exhibition in Sydney. Nigeria has recovered two billion dollars of mismanaged funds as a result of EITI.

    The sixth Extractive Industries Transparency Initiative (EITI) global conference opened today in Sydney, Australia, with the watchdog unveiling revised, more stringent standards for member countries and those intending to join.

    Perhaps the most significant of the revised standards is the requirement for member states to make their contracts with the companies, including the Production Sharing Agreements, more transparent. Read More