Business People Worried About Proposed Hike In Electricity Tariffs

The government of Uganda has approved an increment of power tariffs by 11%. The increment which the government agency that oversees the electricity sector, the Electricity Regulation Authority blames the decline of the shilling to the dollar will come into effect at the start of the new year. The new tariff increase on a unit of electricity will impact further on businesses already strained by current costs…

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