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Museveni directs finance to consult manufactures on tax proposals

Noelyn Nassuuna by Noelyn Nassuuna
May 5, 2021
in Business, News
0
Museveni directs finance to consult manufactures on tax proposals

Museveni Commissioning the Kampala Nile Resort (Mada Hotels) this afternoon in Namanve Industrial Park.

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By Benjamin Jumbe 

President Museveni has directed that all tax policies are discussed with manufacturers before being passed.

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He was this afternoon opening a number of factories in Namanve Industrial Park, in Wakiso District.

The president said the ministry of finance technocrats and bureaucrats should not simply impose taxes and policies that may end up stifling the government’s industrialization agenda.

The president has also given the investors government commitment to reduce the cost of power among other challenges they are facing.

The factories commissioned today include the Tian Tiang Group of Companies, Crown and Packaging Limited, and Picfare Industries Limited.

 

Noelyn Nassuuna

Noelyn Nassuuna

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