A 28% Share in The Bujagali Hydropower Facility
The acquisition of 100% of Scatec’s subsidiary SN Power, which has interests in renewable hydropower projects in Africa, through a joint venture (51% SN Power) with Norfund and British International Investment (BII) was the result of an agreement between the French fuel giants and Scatec, a Norwegian renewable energy company.
President Museveni Wants to Extend Tax Holiday For Bujagali By Another Year
The President also requests that Parliament review the proposal to levy a 5% withholding tax on digital enterprises that generate money in Uganda as part of the amendment.