Javelin Minerals To Supercharge Uganda’s Lithium Prospects Through Strategic Takeover Of Gecko Minerals
This project, albeit not a part of the transaction, recently produced outstanding samples from heavily worn pegmatite tailings and sizable amblygonite stones in trash heaps, with tests of up to 8.13 percent lithium oxide.
Uganda’s Mining Industry Expected To Provide One Million Jobs By 2025
These discoveries have significantly increased foreign direct investment (FDI), and they have also changed the industry. From a meager US$5 million in 2003 to an amazing US$800 million in 2017, FDI in mining increased dramatically.
Kenya Requests Assistance From Uganda To Address Its Power Crisis
After the electricity system failed, the Kenya Airports Authority (KAA) stated that one of its backup generators was inoperable.
Minister Nankabirwa Reassured Kanungu Locals About Power
Minister for Energy and Mineral Development, promised that she will commission the Kanungu District’s electrical distribution system shortly.
Discussions on Uganda’s Mining Legal Framework
Annual mineral rent, and royalties increased dramatically from about 1.8 billion Uganda Shillings in 2003 to 11.3 billion Uganda Shillings in FY 2022/2023.
Lower Gas and Electricity Prices
Government to ensure that the cost of electricity, gas, and gas cylinders is reduced.
President Museveni Forbids Importation Of Electric Meters
The importation of cables, and electricity meter wires has been outlawed by President Yoweri Museveni.
MPs Hold 3-day Retreat On State of Energy Sector
The dynamics of the industry were thoroughly investigated, with an emphasis on upstream activities, exploration, and commercialization.
UETCL Gets ISO Certification
Dr. Nankabirwa stressed the strategic importance of UETCL receiving ISO certification, stressing effective power usage and Uganda’s aspirations to exchange power with its neighbors.
Stabex International Officials Meet President Museveni
The company has invested more than $100 million in Uganda, and over the next 18 months, it would invest an additional $40 million in a variety of initiatives there.