Uganda's mining industry could take a few steps backwards if government continues to slap new fees at a time when the return on investments is still low, write ALI TWAHA & ABUBAKER MAYEMBA.
Uganda's decision to increase tax on locally-produced clinkers - a critical component in the cement industry - in addition to doubling the rate of royalties for limestone and kaolin are some of the issues investors are grappling with as they try to channel the limited capital available in Uganda's risky mining industry.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article