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Tag Archives: Uganda

Electricity to be traded like airtime starting next year

A deregulated electricity market allows for the entrance of competitors to buy and sell electricity by permitting market participants to invest in power plants and transmission lines Kampala, Uganda | THE INDEPENDENT | Electricity consumers will have the right to choose their electricity provider, regardless of who controls the physical …

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Gov’t seeks repayments from South Sudan

Kampala, Uganda | THE INDEPENDENT | Uganda has written to the Government of South Sudan seeking reimbursement of funds paid to Ugandan traders and companies on behalf of South Sudan. In 2018, Parliament endorsed government’s request to clear Shs151 billion owed to Ugandan traders and companies by the South Sudan government. …

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URA collects Shs5.4trillion in first quarter of FY2022/23

But it reported revenue shortfall in withholding tax, temporary road license and export levy | THE INDEPENDENT | Uganda Revenue Authority collected net revenue amounting to Shs5.4trillion against a target of Shs5.1trillion for the three months ending September 30, representing a Shs286billion surplus. This represents a 105.58% improved performance and …

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