This document is made up of a number of reports. The first section contains a study of 'Taxation, Registration, Legal and Regulatory Issues Affecting Small Business in Uganda', by Kakooza, Ball and Danert. This section includes: 1. Study of the Ugandan tax system carried out by P. Ball in December 1999 2. Terms of Reference for a study by S.M. Kakooza, expanding and reviewing an earlier study of business taxation by P. Ball. November 2000 3. Kakooza's report, including comments on P. Ball 's study. December 2000 The second section is a study of 'Pounder Rig Contractor Business: Projected Cash Flows', by Kakooza and Danert. This section includes: 4. Terms of Reference for a second study by S.M. Kakooza examining the likely cash flow of a small business operating the Pounder Rig. February 2001 5. Results of the Kakooza study. June 2001 These studies were necessary in order to understand what the Government of Uganda's requirements are, in terms of company registration, taxation, auditing, reporting and other laws and regulations; and what are the actual experiences of small businesses operating within or outside of these requirements. It also establishes whether or not, or under what circumstances, Pounder drilling can be a profitable activity for a small contractor.