Browsing: @ACODE

Uganda is being urged to rethink how it budgets for climate change, as experts warn that weak local planning, underfunded systems, and growing climate shocks are putting communities at increasing risk.

As the July 2026 “First Oil” deadline approaches, a sober reality is setting in. While the Kingfisher project is nearing the finish line, the massive Tilenga project—the true heart of Uganda’s petroleum dreams—is trailing behind. From logistical bottlenecks to the “Guyana Comparison,” we explore why Ugandans may need to brace for a longer wait for the black gold to flow.

Thousands of companies face the axe, but behind every filing is a bigger story: of secrecy challenged, of systems tested, and of a country trying to rebuild trust in business—one name at a time.

Uganda’s mineral sector holds immense economic potential, yet illicit financial flows (IFFs) continue to drain billions in revenue. The report Uganda’s Mining Legal Regime: Addressing Illicit Financial Flows (IFFs) Risks and Revenue Loss in the Mineral Supply Chain, published by Global Financial Integrity (GFI) and Advocates Coalition for Development and Environment (ACODE), exposes how weak enforcement, corruption, and legal loopholes allow mineral smuggling, tax evasion, and money laundering to flourish. With over 90% of mining operations classified as informal, the government struggles to regulate mineral exports, leading to significant financial losses. Strengthening governance, increasing transparency, and enforcing stricter regulations are crucial to ensuring Uganda’s mineral wealth benefits its citizens rather than being siphoned through illicit channels.