Uganda and Tanzania could have increased their national shares and benefit if invited their individual and groups of citizens to contribute a fraction of the seed capital foreign companies would invest in. The two could also benefited a lot more by investing their oil reserves and local contribution of seed capital in the foreign Companies involved for shares of the them in all oil and natural gas opportunities they are involved and would be involved worldwide. Am’ I right? By the way, is the Ugandan Government taxing the profits other players realize from share sales, provision of supplies and service in the activities of appraisal, development and exploitation? What are the percentages? Trying to estimate the overall percentage of benefit Ugandan Government gets.
Uganda and Tanzania could have increased their national shares and benefit if invited their individual and groups of citizens to contribute a fraction of the seed capital foreign companies would invest in. The two could also benefited a lot more by investing their oil reserves and local contribution of seed capital in the foreign Companies involved for shares of the them in all oil and natural gas opportunities they are involved and would be involved worldwide. Am’ I right? By the way, is the Ugandan Government taxing the profits other players realize from share sales, provision of supplies and service in the activities of appraisal, development and exploitation? What are the percentages? Trying to estimate the overall percentage of benefit Ugandan Government gets.