In a recent development, Parliament has passed the Income Tax Amendment Bill, 2024, granting Bujagali Energy Limited an additional year of tax waiver. This decision has been made despite the Auditor-General, John Muwanga, sounding the alarm about the significant loss of Shs1.417 trillion in tax exemptions that Uganda suffered in the fiscal year 2022/23. In his December 2023 audit report, ...
Read More »