Tanzanian President John Pombe Magufuli has told Ugandan President Yoweri Kaguta Museveni to forego short-term gains in terms of taxing oil companies and focus on the longer-term benefits.
Magufuli, who was hosting Museveni at the just concluded Tanzania-Uganda Business Forum in Dar es Salaam on Friday, said tax issues were delaying the oil pipeline project.
“We are late. We are still sleepy,” said Magufuli. He made it clear that Uganda should sacrifice some of the short-term gains for the long-term and the Uganda Revenue Authority officials should not delay the project for the benefit of a large population.
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