WGEI Newsletter Issue No. 7 – February 2017

The content of this newsletter

Introduction

  • About this issue

Need to know

  • A Proposed Framework on How to approach Extractive Industry (EI) Audits
  • Mineral Resources in Uganda – Tin
  • The role of Supreme Audit Institutions (SAIs) in the Oil and Gas Sector (Integrating the EI value chain with the Oil and Gas activity chain)

Trainings and Events

  • Three-day Annual WGEI meeting held in Mombasa (24th-26th August 2016)

 

Introduction

About this issue: 

Welcome to the seventh edition of the WGEI newsletter! In this edition of the newsletter you can read articles about A Proposed Framework on How to approach Extractive Industry (EI) Audits, Mineral resources in Uganda – Tin, The role of Supreme Audit Institutions (SAIs) in the Oil and Gas Sector (Integrating the EI value chain with the Oil and Gas activity chain), Three-day annual WGEI meeting held in Mombasa (24th-26th August 2016). Have a nice read!

Need to know

A Proposed Framework on How to approach Extractive Industry (EI) Audits (By Glenn C. Fischer, Senior Analyst, Natural Resources and Environment, U.S. Government Accountability Office)

At the 3rd Annual WGEI Conference in Mombasa, the United States Government Accountability Office (GAO) presented a proposed framework for developing guidance on how to approach Extractive Industry (EI) audits. The idea behind this guidance was to create an accessible starting point for someone unfamiliar with extractive industry audits. GAO is proposing to develop a web-based entry point—to be available on WGEI’s website—that would provide information on considerations of extractive industries. Read More…

Mineral Resources in Uganda – Tin (By Esther Thomas, Henry Luwemba, Senior Auditor, Central Government II, SAI Uganda )

Tin in Uganda is found in its ore known as cassiterite. It has a number of uses that include coating other metals to avoid rusting. It is used with lead to make solder and when it is mixed with copper it makes bronze. Tin was the first mineral to be mined in Uganda in 1927. During the period between 1927- 1960 Uganda exported 9,518 tons of tin concentrate worth 2,179,890 pounds. Tin exports by Uganda from 1937-1960 brought in revenue close to 1.5 million pounds (Alaba, 1997). Read More…

The role of Supreme Audit Institutions (SAIs) in the Oil and Gas Sector (Integrating the EI value chain with the Oil and Gas activity chain) (By Lindah Nalubanga, Performance Auditor, SAI Uganda)

Building strong Institutions is vital to Natural Resource Management. Citizens are excited about the benefits that come along with oil discoveries at the same time elites are worried about the so called resource curse as it has been witnessed in some resource rich countries. This article, therefore demonstrates the role of the Supreme Audit institutions basing on the Extractive Industry Value Chain (EIVC) and the Oil Activity Chain as a basis for auditing. Read More…

Trainings and events

Three-day Annual WGEI meeting held in Mombasa (24th-26th August 2016)

Over 80 delegates from 20 member countries gathered in Mombasa-Kenya to attend the three day annual meeting event of WGEI whose main objective was to chart a way forward in auditing oil, gas and minerals.  Read More…

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