Kampala, Uganda | THE INDEPENDENT | The Government of Uganda has reaffirmed its commitment to the Digital Tax Stamps (DTS) program, emphasizing its role in strengthening tax compliance and market integrity. Isaac Arinaitwe, the Ministry of Finance’s Principal Economist, explained that the DTS program, launched in 2019, has been …
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Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda Limited has registered a 21.6% increase in net profit from Shs3.7bn to Shs4.5bn for the first six months of 2024, further showing the company’s continued growth trajectory. The company executives said on Aug.2 that the macro-economic landscape was relatively stable …
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The company continues to demonstrate resilience amidst a challenging operating environment, characterised by a high prevalence of illicit trade Kampala, Uganda | JULIUS BUSINGE | Cigarette seller, British American Tobacco has reported a reduction in net profit from Shs9.8bn for the year ended December 2022 to Shs8.9bn for the year ended …
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Kampala, Uganda | THE INDEPENDENT | BAT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022 performance results, the company says it recorded a 6% revenue growth, to Shs99.5 billion. Profit …
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Kampala, Uganda | THE INDEPENDENT | The Top Employers Institute has named BAT Uganda as a Top Employer in Uganda and Africa for the third time in a row. BAT was amongst just 15 companies crowned the world’s best businesses to work for, during a virtual award ceremony. Globally, the BAT Group was …
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Kampala, Uganda | THE INDEPENDENT | URA has stepped up its fight against illicit trade through acquisition of a mobile cigarette destruction machine that will be used to destroy illegal cigarettes seized by the authority’s customs enforcement team. The Hammermill is a donation from the British American Tobacco (BAT) to provide …
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| THE INDEPENDENT | A new study has found that 23% of cigarettes sold in Uganda appear to be illicit, indicating unfair competition to the established tobacco products dealers and loss of revenue to government. The findings based on the BAT Uganda’s approved study that was carried out in the …
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Tracing illicit products to source is required to safeguard the legitimate tobacco industry, company executives say Kampala, Uganda | JULIUS BUSINGE | British American Tobacco Uganda (BAT Uganda) shareholders on July.23 approved Shs15.7billion or Shs320 per share as the final dividend for the year ended December 31, 2019. The dividend …
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Kampala, Uganda | THE INDEPENDENT | The Tobacco Control Act was enacted in 2015. However, the Health Ministry says the law has been shelved because of numerous injunctions and lawsuits filed by tobacco companies. Addressing stakeholders during the commemoration of the World No Tobacco Day in Kampala on Thursday, the Health …
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Kampala, Uganda | THE INDEPENDENT | The panel of five Justices of the constitutional court has dismissed an application challenging the constitutionality of the Tobacco Control Act 2016 citing lack of merit. The judges are Alfonse Owiny Dollo, the Deputy Chief Justice, Kenneth Kakuru, Fredrick Engonda-Ntende, Hellen Obura and Ezekiel Muhanguzi. …
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