Uganda: Mining Charges Worry Investors As Uganda Seeks More Capital

10 October 2016

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.

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