{"id":4211,"date":"2021-10-06T14:37:59","date_gmt":"2021-10-06T14:37:59","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=4211"},"modified":"2021-10-06T15:36:28","modified_gmt":"2021-10-06T15:36:28","slug":"uganda-set-to-reduce-value-of-imported-iron-and-steel-from-usd-360m-to-usd-96m","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/uganda-set-to-reduce-value-of-imported-iron-and-steel-from-usd-360m-to-usd-96m\/","title":{"rendered":"UGANDA SET TO REDUCE VALUE OF IMPORTED IRON AND STEEL FROM USD 360M to USD 96M"},"content":{"rendered":"\n<p>Uganda is \u00a0set\u00a0 to reduce value of imported iron and steel from USD 360 million to USD 96M by 2025 in concerted effort to add value to the country vast mineral resources , Ministry of Energy and Mineral Development , Permanent Secretary Eng. Irene Bateebe ,has said .<\/p>\n\n\n\n<p>While addressing the 10<sup>th<\/sup> Mineral wealth Conference 2021 , the new Energy chief technical officer said that her ministry was also working to increase the &nbsp;volume and value of refined gold exports from USD 450 million to USD 787 million; increase volume of copper produced from 0 to 2,000 metric tonnes&nbsp; and ultimately increase value of investment into the exploration and processing from USD 0.8 billion to USD 2 billion in the next four years .<\/p>\n\n\n\n<p>In her presentation titled \u201c Uganda\u2019s mineral Sector at A Glance\u201d Eng. Bateebe sa id that apart from increasing jobs with in the sector by at least 10% annually, government was set to revamp Kilembe Copper-Cobalt &nbsp;and Kirwa Wolfram Mines \u2013 for value addition&nbsp; and export promotion.; Uganda is richly endowed with mineral resources such as &nbsp;gold, and &nbsp;iron ore.<\/p>\n\n\n\n<p>\u201c Government plans to develop these resources in partnership with the &nbsp;private sector in a sustainable manner,\u201d She stated and hastened to add that the&nbsp; private sector players will be facilitated with the &nbsp;necessary assistance &nbsp;in terms of mineral information, licensing and infrastructure for mining.<\/p>\n\n\n\n<p>The PS told the conference that a detailed evaluation of mineral commodities into bankable feasibility studies was on course .<\/p>\n\n\n\n<p>Eng.Bateebe also highlighted some of the challenges being faced in the sector which include , the rudimentary mining methods and informality of the mining sub- sector; inadequate human and institutional capacity and&nbsp; inadequate physical and R&amp;D infrastructure.<\/p>\n\n\n\n<p>There is still limited investment in industries that utilise available minerals and yet Uganda has good potential for economic mineral and geothermal resources.<\/p>\n\n\n\n<p>The Ministry of Energy has already set up &nbsp;an Online e-government mineral licensing system. According to Eng. Bateebe , the licensing system has been upgraded to allow online applications and&nbsp; processing of all mineral rights through&nbsp; an e-Government&nbsp; portal.<\/p>\n\n\n\n<p>\u201cThis will ensure transparency in&nbsp; licensing of Mineral Rights and the E-Government portal can be accessed at:<em><a href=\"http:\/\/portals.flexicadastre.com\/uganda\/\" target=\"_blank\" rel=\"noopener\">http:\/\/portals.flexicadastre.com\/uganda\/<\/a>,\u201d <\/em>She added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uganda is \u00a0set\u00a0 to reduce value of imported iron and steel from USD 360 million to USD 96M by 2025<\/p>\n","protected":false},"author":1,"featured_media":4212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[168,65],"tags":[],"class_list":["post-4211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-development","category-national-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/download-1.jpg","jetpack-related-posts":[{"id":10567,"url":"https:\/\/prowebinhost.com\/anzu\/government-pushes-for-the-production-of-e-mobility-passenger-vehicles-by-2040\/","url_meta":{"origin":4211,"position":0},"title":"GOVERNMENT PUSHES FOR THE PRODUCTION OF E-MOBILITY PASSENGER VEHICLES BY 2040","author":"UgandaUpdate","date":"November 15, 2023","format":false,"excerpt":"By Zulfah Namatovu in Kampala Technology and innovation experts have expressed optimism that Uganda can start commercial production of electric mobile passenger vehicles by 2040. Already , Uganda's automotive flagship , Kiira Motors Corporation are producing the fully electric Kayoola EVS buses . Experts made the projection during an Energy\u2026","rel":"","context":"In &quot;E- Mobility&quot;","block_context":{"text":"E- Mobility","link":"https:\/\/prowebinhost.com\/anzu\/category\/e-mobility-2\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/emo-scaled.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/emo-scaled.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/emo-scaled.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/emo-scaled.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/emo-scaled.jpg 3x"},"classes":[]},{"id":10888,"url":"https:\/\/prowebinhost.com\/anzu\/uganda-on-ambitious-target-to-produce-b-52000-mw-of-power-by-2040\/","url_meta":{"origin":4211,"position":1},"title":"Uganda On Ambitious Target To Produce b 52000 MW of Power by 2040","author":"UgandaUpdate","date":"December 8, 2023","format":false,"excerpt":"The Minister of Energy and Mineral Development Ruth Nankabirwa has revealed that Uganda has set an ambitious plan to generate 52000 MW of Electricity by 2040 so that Ugandans can access clean energy. Nankabirwa explained that this was part of government wider plan to modernize agriculture and add value to\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/prowebinhost.com\/anzu\/category\/energy\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/OIP.jpeg","width":350,"height":200},"classes":[]},{"id":14870,"url":"https:\/\/prowebinhost.com\/anzu\/uedcl-powers-local-content-with-ugx-285-billion-energy-budget\/","url_meta":{"origin":4211,"position":2},"title":"UEDCL Powers Local Content with UGX 285 Billion Energy Budget","author":"UgandaUpdate","date":"July 14, 2025","format":false,"excerpt":"By Zulfah Namatovu The Uganda Electricity Distribution Company Limited (UEDCL) has called on energy sector players to take advantage of its planned investment budget of USD 74 million (approximately UGX 285 billion) for the Financial Year 2025\/2026. UEDCL, a government-owned parastatal, is mandated to own and manage Uganda\u2019s electricity distribution\u2026","rel":"","context":"In &quot;National News&quot;","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11549,"url":"https:\/\/prowebinhost.com\/anzu\/sunbird-resources-ltd-gets-21-year-license-to-mine-limestone-in-moroto\/","url_meta":{"origin":4211,"position":3},"title":"Sunbird Resources LTD Gets 21-Year License To Mine Limestone In Moroto","author":"UgandaUpdate","date":"February 22, 2024","format":false,"excerpt":"By Zulfah Namatovu The Ministry of Energy and Mineral Development has granted a large-scale mining license to Sunbird Resources Limited to mine lime on an 11 square kilometer area in Moroto District with a 21-year validity period. The company will mine 8,000 tonnes of limestone daily at Moroto\u2019s Rupa Sub-County\u2026","rel":"","context":"In &quot;Uganda's Minerals&quot;","block_context":{"text":"Uganda's Minerals","link":"https:\/\/prowebinhost.com\/anzu\/category\/ugandas-minerals\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/02\/ceme.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/02\/ceme.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/02\/ceme.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/02\/ceme.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/02\/ceme.jpg 3x"},"classes":[]},{"id":6896,"url":"https:\/\/prowebinhost.com\/anzu\/how-is-uganda-positioned-for-green-energy\/","url_meta":{"origin":4211,"position":4},"title":"HOW IS UGANDA POSITIONED FOR GREEN ENERGY?","author":"UgandaUpdate","date":"October 12, 2022","format":false,"excerpt":"\u2022The Minerals Development Programme: - \u2022To increase mineral exploitation and value addition in selected resources for quality and gainful jobs in industrialization; \u2022Expected to result in: \u2022Reduced volume & value of imported iron and steel and organic fertilizers; \u2022Increased volume & value of refined gold and copper exports; \u2022Increased investment\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/prowebinhost.com\/anzu\/category\/energy\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/Picture1.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/Picture1.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/Picture1.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/Picture1.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/Picture1.jpg 3x"},"classes":[]},{"id":8162,"url":"https:\/\/prowebinhost.com\/anzu\/ugandas-oil-journey-unoc-awarded-petroleum-exploration-license-to-begin-development-of-kasuruban-block\/","url_meta":{"origin":4211,"position":5},"title":"Uganda\u2019s Oil Journey: UNOC awarded Petroleum Exploration License to begin Development of Kasuruban block","author":"UgandaUpdate","date":"February 4, 2023","format":false,"excerpt":"By Sierra Ruth Arinaitwe The Government of Uganda represented by the Ministry of Energy and Mineral Development has issued the Uganda National Oil Company (UNOC) a two-year Petroleum Exploration License for the development of the Kasuruban block. The license was issued to UNOC after signing of the Production Sharing Agreements\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/prowebinhost.com\/anzu\/category\/energy\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/02\/IMG_20230202_134922_809-scaled.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/02\/IMG_20230202_134922_809-scaled.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/02\/IMG_20230202_134922_809-scaled.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/02\/IMG_20230202_134922_809-scaled.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/02\/IMG_20230202_134922_809-scaled.jpg 3x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-15V","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=4211"}],"version-history":[{"count":2,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4211\/revisions"}],"predecessor-version":[{"id":4214,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4211\/revisions\/4214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/4212"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=4211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=4211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=4211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}