{
  "id": 11393091,
  "title": "Uganda's Extractive Sector Revenues Are Climbing, But the Real Test Is Still Ahead",
  "url": "https://urgent.news/2026/10/02/ugandas-extractive-sector-revenues-are-climbing-but-the-real-test-is",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T08:06:00.000Z",
  "source": {
    "name": "IOL",
    "slug": "iol",
    "url": "https://iol.co.za/news/brics/2026-10-02-ugandas-extractive-sector-revenues-are-climbing-but-the-real-test-is-still-ahead/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Uganda's extractive sector revenues have seen a significant increase, with the fifth Extractive Industries Transparency Initiative report indicating a 25.1 percent rise to Shs663.24 billion in 2023/24, up from Shs530.17 billion in the previous year. This growth is primarily driven by exploration, licensing fees, mining royalties, and field-development activities, rather than the actual production revenue from oil, which has yet to begin. This growth signifies that Uganda's extractive economy is expanding before the much-anticipated oil era officially starts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}