Tag Archives: revenue

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 …

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 …

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 …

Unlike the others that came before it, this year’s Open Minds Forum was a heated and impassioned event. Held under the theme: “Informal sector; an invisible force with visible impact,” the May 05 public forum in Kampala, organised by the Uganda Revenue Authority (URA), was expected to pit the business …

80% of economy is informal, only 20% of businesses pay taxes Unlike the others that came before it, this year’s Open Minds Forum was a heated and impassioned event. Held under the theme: “Informal sector; an invisible force with visible impact,” the May 05 public forum in Kampala, organised by …

  COMMENT: By Andrew Rugasira Economists used to consider the informal sector a “shadow economy”, a relic from the underdeveloped past that would be replaced by formal activities and better paid jobs. Not anymore. The informal sector has in many ways superseded the formal sector and is now the face …

URA urges Informal Sector to formalize their businesses and benefit from a wider Uganda market. READ FULL STORY (Click here) Share on: WhatsApp

Cover story: Museveni gets Shs70bn telecom monitoring gadget An investigation by The Independent reveals that State House is closing in on a procurement of high-tech gadgets meant to forestall fraud among telecoms, which is costing government colossal sums in tax revenue. Last Word: Fight over misguided objectives Andrew Mwenda carries …

Andrew Rugasira has warned that the difficulty in registering businesses in Uganda causes preference by many for informality in the economy. He said the entrepreneurial spirit is present among many Ugandans, but is undermined by many unnecessary obstacles, including that it takes up to 27 days to register a business. …

By Ronald Musoke Although Uganda is yet to pump her first oil, the Uganda Revenue Authority, just like other government agencies with a role to play in the country’s fledgling oil and gas sector has created a unit to handle oil revenues. While speaking at the hastily organized national dialogue …