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FISCAL REGIME DESIGN AND REVENUE COLLECTION RESOURCE ECONOMICS Thought-provoking questions: 1.     What are the key concepts in resource economics? 2.     How does uncertainty in resource extraction influence the design of the fiscal regime? 3.     How might differences in resource endowments across countries result in different fiscal policies? Good morning or good afternoon, depending where you are. I'm privileged to have an opportunity to spend some time addressing the fiscal regimes for extractive industries. I have quite a lot of material to present and so I hope you will bear with me. I'm going to cover the fundamentals of resource economics to start with and then move on to the principles and practices of fiscal policy for extractives, then spend some time talking about fiscal regime design and some of the challenges around that and then finally move on to the question of revenue administration, which may be the la...

CECILIA OGWAL CHEATED 1969 MISS UGANDA TITLE

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“I took part in the first beauty pageant” Cecilia Ogwal (right) and Inset, poses with the organisers and other finalists for the beauty pageant in 1969. She says although the pageant was won by the finalist from Fort Portal, the media reported that she was the Miss Uganda and it has never been clarified since.   By Esther Oluka Lameck Ogwal, my husband, then my fiancé, used to tease me that he was going to marry the most beautiful girl in Uganda. I would laugh it off saying, “You cannot say I am the most beautiful girl in Uganda unless you weigh my beauty and that of other girls on a machine.”  But one day, he brought me the Argus newspaper that had an advertisement of the Brooke Bond Tea beauty queen pageant. Participants had to apply and be subjected to oral interviews. Ogwal told me this would be the ideal weighing machine for my beauty and encouraged me to take part in it. I had just completed my bachelor’s degree in Commerce at the East African...

SHOCKING PROPHECY that proves Pastor Alph Lukau IS NOT A HUMAN.

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WHAT CAUSES CANCER?

What causes cancer? I am going to attempt to give the shortest, best, detailed description of cancer ever written. ;-) Ready?! Here goes… Cancer is a breakdown in the integrity of the signaling pathways in a group of cells. Signaling pathways are collections of molecules that interact, working together in a sequence, that lead to execution of different routines in your genetic program, to control various cellular functions (e.g. cell division). Computer scientists can think of “signaling proteins” as procedure calls (there is a hierarchical structure to them, just as there is in a computer program). Metaphorically, cancer is a problem with a cell's accelerator and brake. The “accelerator” is the set of signaling pathways that switch on cell growth (cell cycle progression). The “brake” is the set of signaling pathways that instruct a cell to self-destruct for the good of other cells (this is called “apoptosis”). There are two types of signaling proteins in cancer pathway...

Dementia Linked to Chronic Boozing

https://www.newvision.co.ug/new_vision/news/1471638/dementia-linked-chronic-boozing

AVOID QUICK FIXES, MORE DEBT

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Anyone in a challenging financial situation needs a long term wealth creation strategy as opposed to quick hits that people in such situations prefer. Sadly, whenever people are faced with financial difficulties, they are usually desperate and vulnerable to investment fraud. You need to get complete information before you take action. Don’t rush to promises of multiplying your money overnight or above market returns because you need quick cash.be suspicious of the situations where you have to handover all your money to another party who will return it with super-normal profits. It’s usually tempting to consider the easiest way out- borrowing to meet some of your debt obligations. Always resist taking more debt in times of financial uncertainty. Getting more debt is making a bad situation worse.

Leave office or office will leave you; Obasanjo tells Museveni

Leave office or office will leave you; Obasanjo tells Museveni “I believe whatever he has to do in terms of development, whatever ideas he has, he has he must have exhausted them by now, unless he has something new that we do not know,”