Industry stakeholders attending the 2026 mining Sector Tax Dialogue
The Uganda Chamber of Energy and Minerals (UCEM) held its 2026 mining Sector Tax Dialogue at the Four Points by Sheraton Kampala, bringing together government representatives, industry leaders, and fiscal policy experts to address pressing tax challenges in the mining sector to unlock more investments.
The Uganda NDP IV outlines bold targets for the mining sector: tripling its contribution to the economy to 7.9%, scaling up investment in value addition to nearly UGX 1.85 trillion, and driving mineral revenue up to UGX 750 billion.
The Mining tax dialogue examined challenges to the formalization of artisanal mining, the need for strict enforcement of ESIAs to ensure sustainable mining practices, royalties, Work permits, mineral valuation, capital allowances, and withholding tax, decarbonisation of the mining sector, green financing, Uganda’s energy and mining sectors are twins needed to accelerate Uganda’s economic growth.
The mining sector is a strategic pillar under Uganda’s Ten-Fold Growth Strategy, which seeks to expand the national economy to USD 500 billion by 2040.”Every investor requires certainty to commit long-term capital. Our tax dialogues provide a platform to identify the specific tax provisions that create friction and to propose tangible policy shifts that work for every stakeholder in Uganda’s mining sector.” —UCEM Chief Executive Officer, Humphrey Asiimwe.
Tax regimes ultimately define the competitiveness of a country’s mining and energy sector. Holding tax dialogues aligns with UCEM’s advocacy and capacity-building mandate. Adding to his earlier remarks, Humphrey Asiimwe emphasized that UCEM is rooting for a mining sector with a fiscal policy that is both enforceable and regulatable. A good regime should be exceptionally efficient and encourage production decisions.
Continuous dialogue between government, industry and civil society is essential to ensure that tax policies attract critical investment and sustainable revenues for national development. Whatever our members, government representatives and experts have spoken at these tax dialogues, we now carry that voice forward into every relevant policy forum room. Informed, predictable policy moves will accelerate local processing, create jobs, and unlock greater value from Uganda’s resources.
