KAMPALA, November 30, 2025— The Uganda Extractive Industries Transparency Initiative [UGEITI] recently launched its Fourth EITI Report, which covers the period 1 July 2022 to 30 June, 2023.
The report was officially launched by the State Minister for Planning Amos Lugoloobi in Kampala and witnessed by officials from the Ministry of Energy and Mineral Development, UGEITI Multi-Stakeholder Group [MSG], Development Partners and the Private Sector among others.
The Report has been submitted to the International Secretariat in Oslo, Norway, in fulfilment of Uganda’s commitment to strengthening transparency, accountability, and good governance in the extractive sector.
According to the Report, total revenue from the extractive sector in financial year 2022/2023 amounted to Shs 530.17 billion.
Of this, the mining sector contributed Shs 299.95bln, while the oil and gas sector contributed Shs 230.23bln.
Contribution of the extractive sector to the economy was as follows: 1.47 percent to gross domestic product [GDP], 0.026 percent to total employment, 0.001 percent to total exports, and 1.13 percent to general government revenues.
The value of mineral exports was Shs33.6bln, with Vermiculite, Iron Ore and Tungsten accounting for the largest share of export value. There was no oil and gas production or export during the reporting period, as the sector remained in the exploration and pre-production phases.
While launching the report, Lugoloobi said Transparency is not only a guardrail against corruption but a catalyst for investment and a foundation for inclusive growth.
He said the EITI framework has helped to reduce leakages, curb illicit financial flows and ensure that revenues due to the State are fully collected.
“The EITI framework has helped to enhance public confidence. When citizens trust that natural resource revenues are being managed transparently, compliance with tax obligations improves,” said Lugoolobi.
Data disclosure and information sharing provides an accurate basis for informed public awareness and debate, thereby promoting the key EITI principles of transparency and accountability.
The Extractive Industries Transparency Initiative is a global standard that promotes the accountable and transparent management of extractive industries through adherence to the EITI Standard, a set of criteria that define international best practices in the management of extractives along the value chain, from exploration, production, exportation, revenue collection, allocation, social and economic spending, energy transition, anti-corruption, gender and environmental issues, and the wider benefits of extractive resources to the economy.
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