Investment Climate Archives – CEO East Africa

Open Letter to H.E. Museveni⏤ Concerns and Recommendations Regarding Tax Amendments Impacting Investors in Uganda

Samuel KahimaBusiness & Markets Thought LeadershipFebruary 6, 2024February 6, 2024

Your Excellency, The President of The Republic of Uganda. I hope this letter finds you in good health and high spirits. I am writing as a concerned citizen and tax…

Income Tax(Amendment) Act 2023: Repeal of investment incentives could hamper industrialisation and job creation efforts

Mark RuhindiBusiness & Markets Company News Thought LeadershipAugust 28, 2023August 28, 2023

The Income Tax(Amendment) Act 2023 has repealed Section 27A of the Principal Act which provided for initial allowances as a fiscal policy geared at enabling investors in industrialisation and manufacturing…