Uganda to Own Shares in Every Mining Company Granted a Lease

A new policy will see Uganda maximise the gains from its natural resources

To achieve efficiency and ensure equitable and transparent management of mineral revenues, Kampala will automatically own shares in every mining company granted a lease, according to a new policy approved by the Cabinet this month.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.