Records show that in Uganda, DTS costs for wines and spirits are 110 Uganda Shillings and 36 for beer compared to 134.88 for wines and spirits and 80.93 for beers in Kenya. In Tanzania, the Digital Stamp costs 51.75 Uganda Shillings for wines and spirits, 23.02 for locally produced beers and 27.58 for imported beers.
According to Col. Nakalema, the unit has been receiving numerous complaints of fraud and other challenges from investors in the mining sector and such consultative meetings are one of the collective resolve and determination that can help to deal with the pertinent issues.
The policy adjustment is therefore aimed at easing the importation of used commodities and takes effect October 28, 2024 for the next six months, till April 27 next year.
Currently, E&E Experts Co. (U) Ltd is the only Ugandan company that is certified by the American Petroleum Institute. It specializes in drill pipes, casing, tubing, oil and gas supplies, inspection and audit services, chemical supply, steel structure manufacturing, technical consulting, spare parts, and flange manufacturing was awarded four API certifications.
International Financial Reporting Standards (IFRS) were adopted in September by the Institute of Certified Public Accountants of Uganda (ICPAU). They will improve domestic entities' access to foreign capital markets and encourage foreign direct investment, including access to green financing, and support the availability.
Currently, access to electricity in Uganda stands at 47.1% of the population, with significant disparities between urban and rural areas—57.2% in urban areas versus 10% in rural regions.
