sharing in governance of extractive industries
Posted on February 17, 2012 at 9:03 3 Comments 0 Favorites
On February 3, 2012, the media was awash with news of signing of new production sharing agreements (PSAs) between Tullow Oil and Government of Uganda.
The gusto and excitement that surrounded this signing is proof that Uganda’s nascent oil and gas sector will never be the same again. It should be noted that this is not Uganda’s first PSA; so, the euphoria surrounding this particular one speaks volumes and there is more to it than meets the eye.
To begin with, the signing of…
ContinuePosted on January 16, 2012 at 14:10 8 Comments 0 Favorites
2011 will go into the annals of Uganda’s history as the year when the oil bubble burst. The last quarter of the year was characterised by much talk on oil that persistent media reports quoted the President advising Ugandans not to be so excited about the recent oil discoveries.
All this after the oil debate reached boiling point and climaxed with a special session in Parliament to discuss developments in the oil industry. At some point, the President was even quoted as having said…
ContinuePosted on July 8, 2011 at 8:14 0 Comments 0 Favorites
The effects of oil discoveries on state building and democratization are well documented. Countries rich in natural resources –in particular oil and gas-are less likely to have democratic political systems. In effect, access to oil wealth can allow leaders to successfully repress or co-opt their oppositions, and thus avoid having to relinquish power through competitive and fair electoral competition.
Uganda, long hailed as a beacon of hope in regards to democracy and building of…
ContinuePosted on June 29, 2011 at 7:17 1 Comment 0 Favorites
President Museveni recently requested NRM Members of Parliament to support the proposed amendments that will see suspects for crimes related to murder, rape, treason, rape, defilement, rioters and economic sabotage denied bail for at least six months. A committee to study the President's wish led by Mr Amama Mbabazi was formed to expedite the wish.
Save for economic saboteurs, I do understand the other crimes. Mr Museveni did not define who an economic saboteur is either. The…
ContinueJaff Bamenjo winner of the Best Photo of GOXI's Photo Share for Waiting for Manna
Keith Slack winner of the Popular Vote of GOXI's Photo Share for Artisinal miners in Obuasi tailings impoundment
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