sharing in governance of extractive industries
Sub-Saharan Africa’s top 10 oil-producing countries have sold more than US$254 billion in crude through state-owned oil companies over the past three years without publicly accounting for the money.
Governments in sub-Saharan Africa are selling crude petroleum in shadowy deals worth hundreds of billions of dollars, according to a new report.…Continue
Added by Eugene Obiero on August 9, 2014 at 14:05 — No Comments
By Coletta Wanjohi, Uganda
Bank of Uganda's main role is advising the government on all matters pertaining economic policy and de-velopment and this also involves the oil sector. The National Oil and Gas Policy that was approved by cabi-net in 2008 gives Bank of Uganda the mandate to be the manager of the oil revenue. This means that when Uganda's oil starts flowing and it is either exported or sold whatever revenue is realized will be managed largely by the central…Continue
Added by Coletta Nyawira Wanjohi on April 12, 2012 at 9:05 — No Comments
Added by Norma Garza on July 11, 2011 at 16:00 — No Comments