URA Board decision Mukiibi Patrick has been transferred from the position of Commissioner Corporate Services to the position of Commissioner Domestic Taxes Patience T. Rubagumya remains as Commissioner Legal Services and Board Affairs Herbert Rusoke remains as Commissioner Internal Audit and Compliance Abel Kagumire remains as Acting Commissioner Customs Mathew …
Read More »MTN ordered to pay UGX 44.2b to URA in two court cases
Kampala, Uganda | THE INDEPENDENT | Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion Shillings on the dispute on …
Read More »URA senior commissioner Dickson Kateshumbwa quits
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority senior commissioner Dickson Kateshumbwa has resigned. Dicksons Kateshumbwa, who had recently been taken to head the domestic taxes docket, said in an e-mail to staff that he had decided to end his tour of duty ahead of the contractual period with immediate …
Read More »Top URA Commissioner resigns
Kampala, Uganda | THE INDEPENDENT | One of Uganda Revenue Authority’s high profile Commissioners, Dicksons Kateshumbwa, has resigned. “Today after more than 14 years of service in the authority I have decided to end my tour of duty ahead of my contractual period with immediate effect,” he said in …
Read More »Expect no direct financial stimulus – Kasaija
Kampala, Uganda | THE INDEPENDENT | The Finance Minister Matia Kasaija has said that the government does not have a provision for any fiscal stimulus for businesses that have been affected by the impacts of the COVID-19 pandemic. Several economists and players within the private sector have been calling upon the …
Read More »Stock markets shrug off US layoffs
London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …
Read More »The Independent’s Isaac Khisa scoops continental award
Kampala, Uganda | THE INDEPENDENT | The Independent business writer, Isaac Khisa, has once again emerged as one of the five winners of the 2020 Pan-African Re-Insurance Journalist Awards organized by the leading Pan-African Reinsurance firm, Continental Reinsurance Plc. The virtual awards ceremony was held on May 27 2020, following the …
Read More »CNOOC elects not to pre-empt Tullow sale of Ugandan assets
Kampala, Uganda | RONALD MUSOKE | Chinese oil firm, CNOOC, has chosen not to pre-empt Tullow Oil’s sale of its assets in Uganda to Total according to a statement published on May 28 on Tullow’s website. “Tullow Oil plc announces that CNOOC Uganda Limited (CNOOC) has informed both Tullow …
Read More »Uganda asks for changes to Kenya’s train cargo plan
Kampala, Uganda | THE INDEPENDENT | Uganda has asked Kenya to adjust its plan to have all goods heading to Uganda transported by train from Mombasa to Naivasha – in effect stopping trucks from going as far as the coast to pick cargo. It was one of several measures to …
Read More »World leaders urge governments on COVID-19, stimulating economies
Kampala, Uganda | Julius Businge | Top world leaders in government and private sector want tangible solutions to heal world economies that have been hit by coronavirus pandemic (COVID-19). They were speaking during celebrations for Africa Day 2020 facilitated by United Bank for Africa (UBA). The event was screened live across …
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