Page 24 - EPSI Magazine Issue 8 final 2018.indd
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TAXATION IN THE ENERGY
SECTOR OF UGANDA.
he energy sector is one of the key sectors in terms of energy resources. The current ener-
TUganda. It is a sector that is used for both do- gy situation in Uganda is as follows; Biomass
mestic and industrial uses. And with the ever-growing is the most used energy source in Uganda
population of the country, its importance will only in form of firewood (78.6%), charcoal (5.6%),
continue to grow. In the recent budget, the energy and and crop residue (4.7%). Electricity contrib-
mineral developments sectors were allocated shs.2.31 utes only 1.4% of the energy. This is despite
trillion (10.5%). This basically explains how important the continued investment in Hydro Electric
this sector is in the development of the economy. power stations, dams and infrastructure.
To understand this sector from a Ugandan con- With a goal of achieving middle income
text, one has to understand the current situation in status by 2040 and the desire to increase the
