Hoima
Encyclopedia
Hoima is a town in Western Uganda
. It is main municipal, administrative and commercial center of Hoima District
in Uganda
. It is also the location of the palace of the Omukama of Bunyoro
.
, Uganda's largest city, on an all-weather tarmac highway. The coordinates of the town are: 01 25 55N, 31 21 09E.
deposits, estimated at between 2 billion to 2.5 billion barrels have been discovered in Lake Albert and on the shores of the lake, in Hoima District
and neighboring Buliisa District. A mini refinery is planned near Hoima to produce thermal electricity by burning "heavy fuel", a byproduct of the oil refining process. The developers of the oil field have not decided if they will refine the crude oil locally or export it for refining outside Uganda
. Nonetheless, Hoima is poised to become a beehive of economic activity, as a result of the discovery of oil in the neighborhood. As a result of the increased economic activity in the area, Hoima has been upgraded to Municipality status, with increased infrastructure to handle the new businesses and new residents. Land prices, rental rates and other real estate costs in Hoima have gone up in the recent past, as demand for real estate in the town and surrounding areas has increased.
Western Region, Uganda
Western Region is a region of Uganda. It is divided into the following districts:...
. It is main municipal, administrative and commercial center of Hoima District
Hoima District
Hoima District is a district in Western Uganda. Like most other Ugandan districts, it is named after its main municipal centre, Hoima.-Location:...
in Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
. It is also the location of the palace of the Omukama of Bunyoro
Omukama of Bunyoro
Omukama of Bunyoro is the title given to rulers of the central African kingdom of Bunyoro-Kitara. The kingdom lasted as an independent state from the 16th to the 19th century. The Omukama of Bunyoro remains an important figure in Ugandan politics, especially among the Banyoro people of whom he...
.
Location
Hoima is located approximately 225 kilometres (139.8 mi), by road, northwest of KampalaKampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
, Uganda's largest city, on an all-weather tarmac highway. The coordinates of the town are: 01 25 55N, 31 21 09E.
Population
The 2002 national census estimated the population of Hoima at 27,934. In 2010 the Uganda Bureau of Statistics (UBOS), estimated the population of the town at 40,600. In 2011, UBOS estimates the population of Hoima at apprroximately 42,600.Economic Activity
Between 2000 and 2009, a considerable amount of oilPetroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
deposits, estimated at between 2 billion to 2.5 billion barrels have been discovered in Lake Albert and on the shores of the lake, in Hoima District
Hoima District
Hoima District is a district in Western Uganda. Like most other Ugandan districts, it is named after its main municipal centre, Hoima.-Location:...
and neighboring Buliisa District. A mini refinery is planned near Hoima to produce thermal electricity by burning "heavy fuel", a byproduct of the oil refining process. The developers of the oil field have not decided if they will refine the crude oil locally or export it for refining outside Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
. Nonetheless, Hoima is poised to become a beehive of economic activity, as a result of the discovery of oil in the neighborhood. As a result of the increased economic activity in the area, Hoima has been upgraded to Municipality status, with increased infrastructure to handle the new businesses and new residents. Land prices, rental rates and other real estate costs in Hoima have gone up in the recent past, as demand for real estate in the town and surrounding areas has increased.
Landmarks
The landmarks within the town limits and close to the edges of town include:- The headquarters of Hoima District AdministrationHoima DistrictHoima District is a district in Western Uganda. Like most other Ugandan districts, it is named after its main municipal centre, Hoima.-Location:...
- The offices of Hoima Town Council
- The palace of the Omukama of BunyoroOmukama of BunyoroOmukama of Bunyoro is the title given to rulers of the central African kingdom of Bunyoro-Kitara. The kingdom lasted as an independent state from the 16th to the 19th century. The Omukama of Bunyoro remains an important figure in Ugandan politics, especially among the Banyoro people of whom he...
- A branch of Barclays Bank
- A branch of Centenary BankCentenary BankCentenary Bank is a commercial bank in Uganda. It is one of the twenty-three licensed commercial banks in the country.-Overview:The bank is a mid-sized financial services provider in Uganda. It is primarily involved in the promotion of development through loans to rural farmers, processors of...
- A branch of DFCU BankDFCU BankDFCU Bank, commonly known as DFCU, but whose full name is Development Finance Company of Uganda Bank Limited, is a commercial bank in Uganda...
- A branch of Equity BankEquity Bank (Uganda)-Overview:The bank provides banking services to individuals and to small and medium business enterprises. As of December 2009, the bank was the 14th largest commercial bank in Uganda with an estimated asset valuation of approximately US$81.4 million or approximately 2% of all bank assets in the...
- A branch of Kenya Commercial Bank
- A branch of PostBank UgandaPostBank UgandaPostBank Uganda is a non-bank credit institution in Uganda. As of May 2010, PostBank Uganda was a small credit institution whose asset base was estimated at about US$39 million.-History:...
- A branch of Stanbic BankStanbic Bank (Uganda) LimitedStanbic Bank Limited is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator.-Overview:...
- A branch of Pride Microfinance LimitedPride Microfinance LimitedPride Microfinance Limited , is a Microfinance Deposit-taking Institution in Uganda.-Location:The headquarters of PML are located in Metropole House, on Entebbe Road, in the central business district of Kampala, Uganda's capital and largest city...
- A branch of the National Social Security FundNational Social Security Fund (Uganda)The National Social Security Fund is a semi-government agency responsible for the collection, safekeeping, responsible investment and distribution of retirement funds from employees of the private sector in Uganda, who are not covered by the Government Retirement Scheme...
- Hoima Regional Referral Hospital - A 250 bed public hospital administered by the Uganda Ministry of HealthUganda Ministry of HealthThe Uganda Health Ministry, commonly known as the Uganda Ministry of Health, is a government department in Uganda. The ministry is headed by three cabinet members; one Minister of Health and two State Ministers of Health.-Location:...
- Hoima Central Market