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 »JOBS: Customs expert Kinshasa
Job Opening Posting Title: Customs Expert (System Validation Specialist) Job Code Title: Programme Management Officer Department/Office: UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Duty Station: KINSHASA Posting Period: 13 July 2016 – 10 September 2016 Job Opening Number: 62460 Staffing Exercise N/A APPLY HERE Share on: WhatsApp
Read More »Fight over Museveni’s business bailout money
Inside the Shs1 trillion rescue plan for loan stressed companies On July 9, President Yoweri Museveni summoned top officials from the Ministry of Finance, the Central Bank and Uganda Revenue Authority (URA) for a meeting at State House, Entebbe. Amongst those who attended what has been described as a high …
Read More »World Bank hails Northern Corridor logistics environment
Northern Corridor success: New World Bank report highlights logistics on EAC’s Northern Corridor as an inspiring African success story Finally, the massive investments in projects to remove logistical bottlenecks in the East African Community are starting to pay off great dividends. A new World Bank report dubbed, ‘Trade Logistics in …
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 »TOURISM: Tanzania, like Uganda, faces new VAT battle
ATC News by Wolfgang H. Thome Tanzania’s tourism industry may be in for a rough year ahead should proposals for adding Value Added Tax (VAT) on tourism services be sanctioned by parliament. The 18 percent tax, if implemented, would apply for any service rendered, from park fees to transport and …
Read More »Uganda: The cost of parliament
Kisa said MPs cannot deliberate well when they are hungry and they need new allowances to cater for that. There is a new mantra for MPs in Uganda’s parliament. The MPs say: “We cannot deliberate when we are hungry”. The phrase was coined by newly elected Luuka South MP Stephen …
Read More »BUDGET: Museveni warns telecoms on tax evasion
President Yoweri Museveni has said government will acquire the latest communication equipment to end what he termed rampant tax evasion and corruption within telecom companies in Uganda. He said estimates indicate that the country was losing up to $400m (sh1.2 trillion) in tax per year. “There is still tax evasion …
Read More »BATU hit by hard economic times
In recent years, shareholders of British American Tobacco Uganda (BATU) have come to always look forward to the first two weeks of May, the period when the company has traditionally held its annual general meeting. It has now become a guarantee that they must hear some really good news that …
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