Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda-BATU has reported a revenue shortfall in the first six months of 2020 due to disruptions by the coronavirus pandemic. In its financial statement issued on Wednesday, BATU says its gross revenue fell by 12 percent as a result of low …
Read More »Inadequate local revenue collection, corruption in Nansana irks local gov’t minister
Kampala, Uganda | THE INDEPENDENT | Local Government Minister, Raphael Magyezi has expressed dismay over the inadequate local revenue collection and rampant corruption in Nansana municipality in Wakiso district. According to Magyezi, the Shillings 6.1 billion collected by Nansana municipality is very insufficient. He argues that Nansana municipality has potential …
Read More »Mbarara municipality registers UGX 2.5Bn shortfall in local revenue
Mbarara, Uganda | THE INDEPENDENT | Mbarara municipality has registered a huge shortfall in local revenue collection for the financial year 2019/2020. According to a report by the Mayor Robert Kakyebezi Mugabe, 3.9 billion shillings was realized out of the expected 6.4 billion shillings. Kakyebezi says that they had expected …
Read More »Electronic revenue management system yet to start in Mukono
Kampala, Uganda | THE INDEPENDENT | The pilot program of the new electronic revenue management system is yet to start in Mukono district. In 2017, the Ministry of Local Government rolled out the automated revenue management system aimed at increasing revenue collections. The online tool is used for local taxpayers’ …
Read More »BUDGET: Museveni unhappy with low tax collections
Budget 2021 summary Resource envelope Sh45.5 trillion
Revenue Sh21.8 trillion
Uganda GDP Sh138 trillion
Uganda GDP rate +3.1%
Electricity output 1254MW
Paved roads 5600km
National IT backbone, 49 districts
Internet bandwidth $70/Mbps
UDB sh1 trillion injection
Domestic arrears pay 673bn …
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 »More workers to lose jobs as key sectors feel COVID-19 pinch
Kampala, Uganda | THE INDEPENDENT | A sobering analysis of Uganda’s businesses during coronavirus crisis shows that at least 100,000 formal jobs have been cut revealing the scale of the carnage the virus has had on employment. Also, at least 4.4 million workers in the informal sector will either see their …
Read More »Mutukula Customs lose UGX 150M amid lockdown
Mutukula, Uganda | THE INDEPENDENT | Mutukula border customs in Kyotera district has lost about Shillings 150 million in revenue due to the nationwide lockdown because of the Covid-19 pandemic. Vincent Seruma, the Assistant Commissioner Public & Corporate Affairs at Uganda Revenue Authority-URA, says they collect at least Shillings 50M …
Read More »Masaka divisions struggling with garbage management as revenue sources shrink
Masaka, Uganda | THE INDEPENDENT | Masaka division authorities are struggling with proper waste management due to dwindling local revenue collection. There are three divisions in Masaka municipality including Katwe-Butego, Nyendo-Ssenyange and Kimanya-Kyabakuza. The three divisions are chocking with heaps of uncollected garbage. Information from residents shows that garbage has been …
Read More »UGX 20.4 trillion revenue target is unrealistic -Doris Akol
Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority, Doris Akol has said that the 20.4 trillion shillings revenue target for the current financial year 2019/2020 is unrealistic. Akol was on Tuesday appearing before Members of Parliament to explain their financial proposals under the 2020/2021 financial year Budget …
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