Today the 4th of November 2024, the Ministry of Energy and Mineral Development (MEMD) inaugurated the board for the Uganda National Mining Company.
The formation of the Uganda National Mining company commenced from the Mining and Minerals Act, 2022 which decreed to have a wholly State owned Company to manage the country’s commercial holding and participating interests of the State in mineral agreements.
Like any other limited mining company, the Uganda National Mining company shall freely participate in exploration and mining activities in the mineral sector, from acquiring licences, conducting mineral exploration to exploitation of mineral resources, on behalf of the government of Uganda. Additionally, UNMC shall where necessary acquire shares in any mining projects owned by any other mining companies.
The event was chaired by the Minister of State for Minerals, Hon. Phiona Nyamutooro and in attendance was the Permanent Secretary, Ministry of Energy and Mineral Development together with the Heads of Departments in the Mineral Development programme, and other MEMD staff members.
The board is chaired by James Mukasa Ssebugenyi, with James Byagaba serving as the Vice Chairperson. Other board members include Kevin Aanyu, Alaba Agnes, Francis Twinamatsiko, Maria Kiwanuka Nabasirye Kiwana, Kwatampora Alex Binego Zentaro, Wilfred Kokas Aupal, and John Fisher Kanyemibwa.
