JINJA, UGANDA | THE INDEPENDENT | The government’s proposal to grant Bujagali Energy Ltd another seven-year tax exemption has raised condemnation from the public and civil society as an uncalled-for move. They say the act would be a violation of the recently instituted tax incentives framework that is aimed at ensuring …
Read More »Local companies get tax waivers following Parliamentary approval
KAMPALA, UGANDA | THE INDEPENDENT | Parliament has approved tax waivers of over Shs9.5 billion for selected local investors for the financial year 2024/2025. This followed the adoption of the report of the Committee on Finance, Planning, and Economic Development on approval of the waivers. The report presented by Committee …
Read More »Traders petition Parliament over cost of doing business
Kampala, Uganda | THE INDEPENDENT | Traders under the Kampala City Traders Association (KACITA) have petitioned the Deputy Speaker of Parliament, Thomas Tayebwa, on the high costs of doing business and prayed that government stops selective giving of tax waivers. KACITA led by their Chairperson, Thadeus Musoke, said that following the …
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