Hoima, Uganda | THE INDEPENDENT | The handover of the Kabalega International Airport in Hoima district has been pushed to September 2025. The contractor, a joint venture of Israeli-British firms, Shikun and Binui International-SBI/Colas Limited, had initially planned to hand over the airport to the government last month. However, Buchbut …
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The target for revenue collection in the fiscal year 2023/24 has been set at Shs29trillion Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has reported Shs57bn as surplus revenue collected for the FY2022/2023, registering a big achievement given the recent years’ mixed performance that was dented by COVID-19 lockdowns and …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority reports a surplus collection for the month of January 2023, giving hope of meeting the year’s target of 25 trillion Shillings. The 14-billion-shilling surplus has reduced the shortfall that was registered for the first half of the financial year 2022/2023 from 94.6 …
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ERA wants the power distributor to connect more customers, cut losses Kampala, Uganda | JULIUS BUSINGE | Selestino Babungi, the managing director of Uganda’s largest power distribution company, Umeme, wants the industry regulator, Uganda Electricity Regulatory Authority (ERA) to set for them fair targets amid high consumer expectations. Babungi said fair …
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URA to collect Shs16.3tnas experts worry about some proposed taxes Kampala, Uganda | ISAAC KHISA | Newly proposed taxes and enhanced revenue collection measures could help the taxman collect an additional Shs1.9trillion to hit the new Shs16.3trillion revenue target. The government has tasked the Uganda Revenue Authority (URA) to collect more money in …
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San Francisco, United States | AFP | Target said Wednesday it was acquiring same-day grocery delivery service Shipt for $550 million, helping the US retail titan step up its challenge to Amazon and its recently acquired Whole Foods supermarket chain. The retailer said it planned to combine its network of stores …
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