Members of Parliament (MPs) have raised concerns over the Bujagali Hydropower Project’s tax waiver, exposing alleged financial miscalculations and possible overcharging of Ugandans. The ...

KAMPALA, UGANDA | THE INDEPENDENT | The Finance Committee of Parliament has raised concerns over the Bujagali Hydropower Project’s tax waiver, exposing alleged financial miscalculations and possible ...

The State Minister for Finance, Henry Musasizi, has warned that if Parliament does not extend the income tax exemption for the Bujagali Hydropower project, power prices will increase by 15.5 percent.

Budadiri West MP Nathan Nandala Mafabi stated that Bujagali Energy Limited had unfairly profited from Ugandans through questionable accounting practices. "You cannot remove money from a balance sheet ...

Feb. 18 (UPI) --On this date in history: In 1841, the first filibuster in the U.S. Senate began. It ended March 11. Advertisement In 1865, after a long Civil War siege, Union naval forces captured ...

The world's frozen oceans, which help to keep the planet cool, currently have less ice than ever previously recorded, satellite data shows. Sea-ice around the north and south poles acts like a ...

Uganda’s current generation capacity stands at just over 2,000 megawatts, with plans to significantly expand this figure. The government hopes to increase the energy capacity to 52,000 MW by ...

Some of these investments included electricity generation projects, such as the Bujagali Hydropower Project and the West Nile Rural Electrification Company Ltd (Wenreco). Additionally, the ...