Rédaction Africa Links 24 with Uganda Monitor
Published on 2026-06-11 18:17:42
The government has introduced a tax holiday for developers of hotels and other ultra-luxury tourism facilities as part of new measures aimed at boosting investment in the tourism sector.
Presenting the National Budget for the 2026/27 financial year at Kololo Ceremonial Grounds on Thursday, the Minister of Finance, Planning and Economic Development, Mr Henry Musasizi, said the incentive will target investors developing high-end tourism facilities in Uganda.
Under the new measure, foreign investors will qualify for the tax holiday if they invest at least $10 million (approximately…
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