Tag Archives: revenue

Lira, Uganda | THE INDEPENDENT | Lira City East Division authorities have abandoned the Integrated Revenue Administration System (IRAS) and reverted to the manual revenue collection method. IRAS is a web and mobile application platform that was launched in January this year to reduce revenue leakages through low assessment, reduce counterfeit …

Fort Portal, Uganda | THE INDEPENDENT | Fort Portal city divisions are protesting the decision by the city authorities to halt the remittance of 30 percent from local revenue collection to pay for court costs. This stems from a March 7th, 2022 circular issued by the Fort Portal City Town Clerk, …

Gulu, Uganda | THE INDEPENDENT | Gulu city councilors have faulted the Ministry of Finance for failing to remit the council’s local revenue collected using the Integrated Revenue Administration System-IRAS. The government allocated local revenue worth 491 Million Shillings to Gulu City Council for the financial year 2021/2022 but using the IRAS, …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA lost over fourteen billion shillings in revenue collections owing to the three-year closure of the Uganda-Rwanda border post of Katuna. Rwanda on Monday this week fully reopened its land borders with Uganda. The Rwandan authorities had partially reopened the border on January …

Gulu, Uganda | THE INDEPENDENT | Leaders of Gulu city on Friday petitioned President Yoweri Museveni over failure by the Ministry of Local Government to remit local revenue to the council. The leaders through Gulu City Deputy Speaker Lamex Akena, say that the Ministry of Local Government is not remitting to Gulu …

Mbarara, Uganda | THE INDEPENDENT | Mbarara City Council has started the valuation of all properties to be taxed in the next five years. The city’s revenue collection for the financial year 2021/2022 was projected at 4.7 Billion Shillings. However, by the end of the second quarter, only 1.3 Billion Shillings …

Kampala, Uganda | THE INDEPENDENT | Seven markets constructed by the government through the Markets and Agricultural Trade Improvement Project (MATIP-1) have accumulated 1.4 billion shillings in arrears due to low revenue collection, the Auditor General’s report reveals. The government through MATIP-1 redeveloped and reconstructed the seven markets at a cost …

Kampala, Uganda | THE INDEPENDENT | The Committee on Public Service and Local Government appalled by the consistent plea for Parliament’s intervention in their financing woes, have advised the local governments to seek audience with the President. The Secretary of Local Government Finance Commission (LGFC) while appearing before the committee on Thursday, …

Insurance brokers will need to evolve on how to engage, advise and on-board customers Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks earned Shs12bn in commission as insurance agents for nine months to September 30, 2021, underscoring the significance of banscassurance as a new revenue stream for financial institutions. …

Mukono, Uganda | THE INDEPENDENT | The Principal Assistant Town Clerk for Mukono Central division, Ismael Mulambuzi Ssemyalo has been interdicted for allegedly mismanaging revenue. Since the start of the Covid-19 lockdown, Mukono like other municipalities has been complaining about difficulties in raising local revenue as well as funding the planned …