The group wants government to open up on the plan for this cash Kampala, Uganda | THE INDEPENDENT | Government needs to open up on the recent allocation of the Shs1.2trillion International Monetary Fund’s Special Drawing Rights (SDRs) and invest in the fight against COVID-19 pandemic to boost economic recovery, …
Read More »Investors in extractive sector don’t need incentives- tax expert
But government technocrats disagree saying there are objectives in doing so Kampala, Uganda | ISAAC KHISA | Investments in the extractive sector has become the next big thing in the East African region but there are concerns that the governments could extend huge tax incentives like they have done in …
Read More »DR Congo joining the East African Community
Is Tshisekedi dangling an economic deal for non-economic reasons? Kampala, Uganda | RONALD MUSOKE | Felix Tshisekedi has been busy on the regional integration front since he became president of the Democratic Republic of Congo two years ago. But he has particularly been busier this year. On June 25, President Tshisekedi …
Read More »Covid-19 lockdowns, differences in tax policies complicates trade in EAC bloc
Experts, government suggest ways to easing trade among partner states Kampala, Uganda | JULIUS BUSINGE | There is a growing concern amongst the business community that the COVID-19 lockdown measures are a danger to business activities, and if not carefully eased, could make the situation worse going forward. This is …
Read More »Tanzania wants new EAC rules
Experts say regional body is ‘club of suspicious people’ Kampala, Uganda | RONALD MUSOKE | President Samia Suluhu Hassan of Tanzania’s recent call for the evaluation of the East African Community legal instruments to reflect current times has elicited mixed reactions among regional analysts. When President Suluhu recently met top …
Read More »Gov’t, civil society call for joint tax revenue collection in EAC
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …
Read More »CSOs react to proposed 2021/22 budget
Many say, the planned expenditure may not boost service delivery Kampala, Uganda | JULIUS BUSINGE | Uganda’s newly proposed budget may not efficiently deliver services to the citizens, according to the Civil Society Organisations that do work on the budget. The first weakness was pointed out by Julius Mukunda, the …
Read More »Kasaija’s tax burden
How to raise money from ideas that failed Kampala, Uganda | ISAAC KHISA | Finally its May, the month in which parliament as the Committee of Supply debates and passes the 2021/22 national budget. Unlike in recent years, the focus of debate has shifted from sector allocation to another …
Read More »‘Go to International Monetary Fund for money’
CSOs call for ‘special drawing rights’ to deal with COVID-19 crises Kampala, Uganda | JULIUS BUSINGE | Economic experts are calling for the implementation of all kinds of measures geared towards bringing back to life the world economy that has been severely hit by COVID-19 pandemic since last year when …
Read More »Ugandan traders claim ban on maize exports to Kenya is still on
They say Kenyan government will continue to use the excuse of aflatoxins to prevent entry of maize into their market Kamapala, Uganda | JULIUS BUSINGE | Kenyan authorities on March 11 announced the lifting of a ban on maize imports from Uganda and Tanzania but exporters claim the ban still …
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