Views: 6 Ugandan Government revises UMEME buyout to US$118 million Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company Limited […]
Ugandan Government revises UMEME buyout to US$118 million Read More »
Views: 19Government has tabled before Parliament, the Income Tax (Amendment) Bill, 2025 that seeks to extend the tax exemption to Bujagali Hydro Power Project up to 30 June 2025. The bill presented by State Minister for Finance (General Duties), Hon. Henry Musasizi on Tuesday, 04 February 2025 seeks to amend section 21 of the Income
Gov’t seeks another tax waiver for Bujagali Read More »
Views: 8Former leader of Opposition in Uganda’s Parliament and Gulu City Woman Member of Parliament, Hon. Betty Aol Ochan. The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi has clarified that the women’s project, Generating Growth Opportunities and Productivity for Women Enterprises (GROW) funds are loans and not grants.
Kampala,Uganda: Finance Minister clarifies on access to GROW funds Read More »
Views: 0Government has initiated the budget approval process for financial year 2024/2025 through tabling of the National Budget Framework Paper (BFP) amounting Shs52.7 trillion. The BFP, and the accompanying certificates including; Certificate of Gender and Equity Compliance, and Climate Change Responsiveness were tabled by the Minister of State for Finance, Planning and Economic Development (General
Uganda’s Govt tables Shs52.7 trillion Budget Framework Paper Read More »
