The discovery of oil offers tremendous opportunities for Uganda. It also poses several risks if the country succumbs to what some analysts call the oil curse – or the diversion of revenues for development through mismanagement and corruption. Many are concerned about the way the government has handled the Production Sharing Agreements (PSAs), or contracts with the oil companies. "The details of the PSAs have not been made public," said Joel Barkan, a professor emeritus of political ...
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