CSR News - May 2012
The Angolan government is unable to explain how it spent $32-billion - mostly revenues coming from the oil sector - which it collected between 2007 and 2010.
The Inter-Religious Council of Uganda (IRCU) presented a memorandum to the Natural Resources Committee of the Parliament of Uganda at the beginning of May 2012. They gave their recommendations concerning Bills addressing petroleum exploitation.
In March 2012, Kenya became the second East African country, after Uganda, to have discovered oil.
In April the European Parliament discussed for the first time the directives that would introduce, in the EU, transparency of payment regulations for extractive industries, similar to the US Dodd-Frank Act.
Read more … CSR News - May 2012