Editing Economy of Uganda (section)

==Mining and petroleum==
{{main|Mining industry of Uganda}}
Uganda's predominant mineral occurrences are [[gold]], [[tungsten]], [[tin]], [[beryl]], and [[tantalite]] in the south; tungsten, [[clay]], and [[granite]] between [[latitude]] zero and two degrees north; and gold, [[mica]], [[copper]], [[limestone]], and [[iron]] in the north.<ref name="24R">{{cite web|first=Tabu
|url=http://www.monitor.co.ug/News/National/Study-shows-Uganda-s-vast-mineral-riches/688334-1491012-37pc7r/index.html |title=Study shows Uganda's vast mineral riches |access-date=8 June 2018 | date=31 August 2012 |newspaper=[[Daily Monitor]] |last=Butagira 
|location=Kampala}}</ref>

In late 2012, the government of Uganda was taken to court over value added tax that it placed on goods and services purchased by [[Tullow Oil]], a foreign oil company operating in the country at the time.<ref name="25R">{{cite web|access-date=8 June 2018 | url=http://www.monitor.co.ug/News/National/Study-shows-Uganda-s-vast-mineral-riches/688334-1491012-37pc7r/index.html |date=17 December 2012 |title=Tullow sues government in new tax dispute 
|newspaper=[[Daily Monitor]] |first=Tabu |last=Butagira | location=Kampala}}</ref> The court case was heard at an international court based in the [[United States]]. The Ugandan government insisted that Tullow could not claim taxes on supplies as recoverable costs before oil production starts.<ref name="26R">{{cite web|date=8 January 2013 |access-date=8 June 2018  |url=http://northsouthnews.com/index.php/africa/2752-tullow-oil-and-ugandan-government-in-second-tax-row |title=Tullow Oil and Ugandan government in second tax row |author=NorthSouthNews | publisher=NorthSouthNews.com}}</ref> Sources from within the government reveal that the main concern at present is the manner in which millions of dollars have been lost in the past decade, money that could allegedly have stayed in Uganda for investment in the public sector; a [[Global Financial Integrity]] report recently revealed that illicit money flows from Uganda between 2001 and 2012 totalled $680 million.<ref name="26R"/> Tullow Oil was represented in the court case by [[Kampala Associated Advocates]], whose founder is Elly Kurahanga, the President of Tullow Uganda.<ref name="25R"/> A partner at Kampala Associated Advocates, Peter Kabatsi, was also Uganda's solicitor general between 1990 and 2002, and he has denied claims that he negotiated contracts with foreign oil firms during his time in this role.<ref name="25R"/>

In June 2015, the Ugandan government and Tullow Oil settled a longstanding dispute regarding the amount of certain capital gains taxes that the company owed to the government.<ref name="27R">{{cite journal|access-date=8 June 2018 |date=22 June 2015
|url=https://www.rte.ie/news/business/2015/0622/709735-tullow-oil/ |title=Tullow pays $250 million to settle Uganda tax dispute out of court |journal=RTÉ.ie
|publisher=[[RTÉ|Raidió Teilifís Éireann]] |
location=Dublin, Ireland |author=RTÉ Ireland}}</ref> The government claimed that the company owed US$435 million.<ref name="28R">{{cite news|access-date=8 June 2018 |date=18 April 2011 |url=https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8459395/Tullow-Oil-sues-Heritage-over-unpaid-Ugandan-tax-bill.html |title=Tullow Oil sues Heritage over unpaid Ugandan tax bill |first=Rowena |last=Mason |newspaper=[[The Daily Telegraph]] |
location=London}}</ref> The claim, however, was settled for US$250 million.<ref name="27R"/>

In April 2018, the government signed agreements with [[Albertine Graben Refinery Consortium]], an International consortium led by [[GE Energy|General Electric]] of the United States, to build a 60,000 barrels-per-day [[Uganda Oil Refinery]] in Western Uganda. The cost of the development is budgeted at about US$4 billion.<ref name="29R">{{cite web|first=Allan |last=Olingo |
newspaper=[[The EastAfrican]] |access-date=8 June 2018 | url=https://www.theeastafrican.co.ke/business/Uganda-signs-USD4bn-refinery-plant-deal--/2560-4393822-oyqk9rz/index.html | title=Uganda signs $4 billion refinery plant deal |date=14 April 2018  | location=Nairobi}}</ref><ref name="30R">{{cite web| title=Uganda signs off Shs4 trillion for US in refinery | url=http://www.monitor.co.ug/News/National/Uganda-signs-off-Shs4-trillion-US-refinery/688334-4550148-sj5gxr/index.html |access-date=8 May 2018 |date=8 May 2018 |newspaper=[[Daily Monitor]] |first=Frederic |last=Musisi |location=Kampala}}</ref>