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Uganda Report
Marcopolis presents the Uganda Report focused on topics such as economy, investments and doing business, featuring interviews with Uganda's leaders. The sectors under review in this issue are agriculture & agribusiness, health & pharma, hospitality & tourism, industry, insurance, mining & petroleum, services and many more.
CompaniesMarch 19, 2020
Top 10 Taxpayers in Uganda
- Written by Sandra Francisco
- Published: March 19, 2020
Top 10 Taxpayers in Uganda
Marcopolis.net presents the list of the top 10 taxpayers in Uganda.
The List
| Rank | Company | Industry | Description |
|---|---|---|---|
| 1 |
MTN Uganda |
Telecoms | MTN Uganda is the largest telecom company in Uganda, and a subsidiary of MTN Group, a multinational telecommunications group connecting approximately 232 million people in 22 countries across Africa and the Middle East. |
| 2 |
Nile Breweries |
Consumer Goods | SABMiller Plc acquired Nile Breweries in 2001. The combined capacity of NBL, with two plants in Jinja and Mbarara, stands at 2.45 million hectolitres of beer, making it the No 1 provider of locally produced beer in Uganda, with a 59% market share. |
| 3 |
Airtel Uganda |
Telecoms | Airtel is a leading provider of prepaid, postpaid mobile, and 4G services in Uganda. The company is owned by the Indian parent company Bharti Airtel Limited and also offers mobile funds transfer and banking services known as Airtel Payments Bank. |
| 4 |
Uganda Breweries |
Consumer Goods | Uganda Breweries is one of Uganda’s largest breweries, manufacturing beers, spirits, and non-alcoholic beverages. It owns and markets a number of beers such as Bell Lager, Senator Lager, Pilsner Lager, Ngule, Tusker Lager, Tusker Lite, Guinness, etc. |
| 5 |
Stanbic Bank |
Banking | Stanbic Bank Uganda (SBU) is one of the 25 licensed commercial banks by the Bank of Uganda. The bank is a majority owned subsidiary of Stanbic Africa Holdings Limited, which is in turn owned by Standard Bank Group Limited. |
| 6 |
Tororo Cement |
Construction | Tororo Cement Limited (TCL) is the largest producer of cement in Uganda, producing an estimated 1.8 million metric tonnes annually and providing employment to around 8.000 people. |
| 7 |
Century Bottling Company |
Consumer Goods | Century Bottling Company is the official authorized producer and distributor of Coca-Cola products in Uganda, such as Coke, Dasani and Fanta. The company owns two plants: one in Namanve and another in Mbarara. |
| 8 |
Bujagali Energy |
Utilities | Bujagali Energy Limited started in 2004, and owns the largest hydropower plant in Uganda. The Project was commissioned on August 1, 2012 and has been operating with an availability of 99% since then. |
| 9 |
Kakira Sugar |
Consumer Goods | Kakira Sugar is a leading sugar manufacturer in Uganda. The company produces more than 165,000 tonnes of sugar per year, accounting for nearly 47% of the sugar supply in Uganda. |
| 10 |
Umeme |
Utilities | Umeme Limited is Uganda’s main electricity distribution company. The company operates a 20 year electricity distribution concession effective 1st March 2005, from the Government of Uganda. |