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MPs Reject Tax exemption for Bujagali Hydro Power

Lawmakers have questioned a proposal by the Ministry of Finance, Planning and Economic Development (MoFPED) to give Bujagali Hydro Power Project a one-year income tax exemption up to 30 June 2025. The proposal is contained in the Income Tax (Amendment) Bill, 2024 that was presented before the finance committee by the Minister of State for ....

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Govt nolonger guaranteeing loans for private entities, says Finance Ministry


The Ministry of Finance has said government will in the five years to 2028 not issue any loan guarantee to private individuals because they carry monetary risks that may result into unplanned. ....

Moses Kaggwa , Ministry Of Finance ,