Businesses set to benefit from signed bilateral agreements Kampala, Uganda | JULIUS BUSINGE | Nearly a dacade ago, Betty Kiguli, the procurement coordinator at Nice House of Plastics, hardly made a saving while clearing goods with customs officials. But things have changed in the past four years since her company was …
Read More »YEAR ENDER REVIEW: Doris Akol and the `Presidential Handshake
January Kampala, Uganda | THE INDEPENDENT | January is known as a ‘dry month’ both literally and figuratively, therefore when news broke of a shady bonus payment to government officials, there was a sustained ire and condemnation from the public. The intense backlash set the pace for a year dominated by …
Read More »KASAIJA: Uganda’s budget 2017-18 links agriculture to industry
Kasaija asks for greater involvement by all Ugandans in implementing new budget Finance Minister, Matia Kasaija has urged all Ugandans to roll up their sleeves and make a contribution towards the smooth implementation of the Shs 29 trillion budget for financial year 2017/18. He said in future, the Ministry …
Read More »URA marks 25 years, sees growth from sh180b to 11trillion
Uganda Revenue Authority (URA) on Thursday marked 25 years since its formation, celebrating revenue growth of 6273% and a remarkable turnaround that now has them referred to as an employer of choice. At a thanksgiving at their Nakawa headquarters, Commissioner General Doris Akol hailed the turnaround of URA’s image and performance, shown …
Read More »TAXES: Akol’s massive shortfall headache
Having been appointed in October 2014 to replace the long-serving Allen Kagina as commissioner general of the Uganda Revenue Authority (URA), Doris Akol started her tenure on a rather good note. At the presentation of her very first annual revenue performance report in July last year, she was all smiles …
Read More »URA collects record 11.2 trillion, sh400bn short of target
Uganda Revenue Authority (URA) collected sh11.23 trillion, 400 billion less than targeted for the fiscal year 2015/16. Despite the shortfall on the target, the tax figures represented a growth of 15.60% (sh1.5 trillion) from the previous year’s figure of sh9.7 trillion collected in revenue. URA has now been taxed to …
Read More »Uganda Revenue Authority collections rise by 16%
Uganda Revenue Authority (URA) Commissioner General Doris Akol has revealed that revenue collections have grown by 16% this year. Revenue collected by the URA, has also helped fund about 61% of the Government Expenditure Budget. Akol made the revelations in an end-of-financial-year statement Monday, in which she hailed taxpayers of …
Read More »VIDEO: URA urges Informal Sector to formalize their businesses
URA urges Informal Sector to formalize their businesses and benefit from a wider Uganda market. READ FULL STORY (Click here) Share on: WhatsApp
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