Uganda: Oil will not bring jobs bonanza, experts emphasise

The oil industry in Uganda will be the most capital intensive that the country has ever seen. Many ordinary people believe that it may also result in mass job creation, alleviating unemployment and under-employment - said by some reports to run as high as 80 per cent among rural youth - that not only blights lives but could also foment social and political unrest. But the reality is that the oil industry is notorious for consuming large sums of money in its operations, while employing relatively few people, most of whom have particular expertise.