a) Electricity (Amendment) Act 2022.

This policy brief explores innovative options available for infrastructure development financing in Uganda amidst the limited budget and competing demands in other sectors. It reveals that limited legal and regulatory frameworks, narrow tax base and a large informal sector as some of the impediments to revenue mobilization and as such pose financing challenges to infrastructure development in the country.

The electricity Amendment Act, 2022 was enacted into law in May 2022 to resolve certain inconsistencies in the law (Electricity Act, 1999). The inconsistencies included: Lack of flexibility in the implementation of the Principal Act; lack of streamlined operations of the electricity sector; failure to effectively address issues relating to the responsibilities of institutions; inadequate compliance enforcement mechanisms; insufficient penalties for electricity theft and vandalism of electrical facilities.

The report indicates progress in Global electrification rate estimated at 90 percent. This rate however, is unlikely to achieve indicator 7.1 unless the pace of growth in electrification accelerates to 0.9 percent annually.

The report further notes that regional electrification rates show different trends with Latin America and the Caribbean, Eastern and south eastern Asia achieving 98 percent electrification. On the other hand, sub Saharan Africa achieved 46 percent in the same period where it accounts for three quarters of world population without access to electricity.