Mr. Francis Kamulegeya is the Country Senior Partner of PWC in Uganda, the largest multinational professional services firm in the world.
A tax professional, Mr. Kamulegeya has consistently called on Ugandans to seize the moment and exploit the numerous opportunities emerging from the country’s nascent oil and gas industry.
Oil in Uganda spoke to him about the concept of local content and the changes the oil and gas industry has triggered in Uganda’s business environment. Read More
As Uganda slowly progresses towards oil production, the local insurance industry is positioning itself to underwrite the assets of the international oil companies that will extract the country’s oil and gas resources.
Although some of the insurance companies are already involved in the oil industry, the bulk of the business is expected to come in the development and production phase.
Oil in Uganda talked to Ibrahim Kaddunabi, the Executive Director of the Insurance Regulatory Authority, the body mandated to ensure effective administration, supervision, regulation and control of the business of insurance in Uganda.
He revealed the changes taking place in the insurance industry as the players position themselves to cash in on the lucrative but high risk, high capital oil and gas industry. Read More
Dr. Consolate Kabonesa is the Head of Makerere University’s Gender Department. She carried out a study in the Bunyoro Region of the Albertine Region in 2010, which discovered that women were missing out on jobs and other benefits in the oil and gas industry because of their low education, inadequate skills, as well as their demanding roles as mothers and wives.
Oil in Uganda caught up with her at her office at Makerere University, where she urged government to empower women in order for them to cash in on the oil industry.
She explained that corruption in the oil sector would hinder the delivery of social services, and the impact would ultimately be felt mostly by the women . Read More
Dr. Henry Aryamanya-Mugisha is the former Executive Director of the National Environment Management Authority (NEMA), an institution he served for nearly 15 years until June 2011.
He was at the helm of NEMA in 2006 when commercially viable quantities of oil were confirmed in Uganda, and spearheaded initial efforts to put measures in place to safeguard the environment amidst oil exploration and subsequent production.
Speaking exclusively to Oil in Uganda’s Beatrice Ongode, Dr. Aryamanya advised government to protect the ecologically-sensitive oil-rich Albertine Region, or “be prepared to handle what is coming its way.”
He disputes NEMA’s persistent claims that oil drilling waste in Uganda has been tested and confirmed non-hazardous, but sympathises with NEMA’s inability to fully exert its presence due to insufficient funding. Read More
Andrew Jupiter is the President of the Energy Strategic Unit at the National Gas Company of Trinidad and Tobago. A petroleum engineer by profession, he has been part of his country’s oil and gas industry since the seventies. Oil in Uganda caught up with him at the East African Petroleum Conference in Arusha last month, and talked to him about Trinidad and Tobago’s impressive management of its oil and gas sector, and what lessons Uganda could learn from it. Read More
Resource rich countries in Africa are at risk of a new form of colonization unless they check the alarming rate at which foreigners are taking over their land, says the High Commissioner of Trinidad and Tobago to Uganda.
In an exclusive interview at the sidelines of the East African Petroleum Conference (EAPC) in Arusha last month, His Excellency Patrick Edwards, also revealed to Oil in Uganda that his country was bidding for the recently tendered Eldoret-Kampala pipeline project.
“Re-colonization is not necessarily political colonization but economic and social colonization,” he explained. “One has to be careful, there has been a scramble for Africa in the 19th century. The major scramble has been from the former European countries. You have all these countries returning here (Africa) because the developed world is declining economically and they have problems of employment and monetary issues. They are all running back to Africa for salvation,” he said. Read More
John Page, a Senior Fellow of Global Economy and Development at the Brookings Institution, together with Mark Henstridge of Oxford Policy Management, authored a paper, Managing a Modest Boom: Oil Revenues in Uganda, in which they argue that Uganda’s oil revenues will take “at least a decade” to arrive and will not by themselves transform the country, probably growing to no more than five percent of gross domestic product for a thirty-year period.
Mr. Page was recently in Kampala to participate in a regional oil and gas summit organized by the Economic Policy Research Center (EPRC), a Makerere University-based think tank.
Oil in Uganda talked to him about Uganda’s oil industry. Read More
Any oil company intending to acquire an oil exploration licence in Kenya will have to present audited – accounts showing a minimum cash balance of at least one hundred million dollars. Successful bidders will be required to part with a signature bonus of one million dollars, as well as spend at least half a million dollars on “Community Development Projects” in Kenya every year. The oil companies will also have to spend a minimum of 200,000 dollars per year on training Kenyans to equip them with skills for the oil and gas industry.
Speaking to Oil in Uganda in an exclusive interview in Nairobi last week, Kenya’s Commissioner for Petroleum Energy, Martin Mwaisakenyi Heya, revealed that Kenya had decided to take measures to discourage smaller oil companies from entering its oil and gas sector. Read More
What are the next steps in establishing the Petroleum Authority and National Oil Company mandated by the upstream Petroleum Bill passed at the end of last year? Why has the president, who repeatedly intervened to push the bill through parliament, not yet got round to signing it? When will the government invite bids from companies keen to take up new exploration licences? What are the prospects for East African countries to come up with a joint, win-win, oil infrastructure development plan? And with so much oil and gas prospecting in the region, can Uganda be sure that there will be a local export market for products from the country’s planned oil refinery? These are the among the questions addressed by Mr. Bukenya Matovu, Senior Assistant Secretary in the Ministry of Energy and Mineral Development and the ministry’s main spokesperson , in the following, exclusive interview, transcribed in full. Read More
President Museveni’s long-serving senior media adviser, John Nagenda, freely admits that he knows more about cricket than oil. Yet, he tells Oil in Uganda in this exclusive interview, Ugandans are perhaps too inclined to forge ahead without advice—and none more so than the president. Oil could transform Uganda, he argues, but more parliamentary oversight would help prevent abuse, and it needs to be treated as a national resource.