Tag Archives: ura

Reforms cover public debt, interest rates, taxation and public spending Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella organization Civil Society Budget Advocacy Group (CSBAG) have presented a list of budget proposals to government that they think can jumpstart the economy that has …

 Can Lt. Col. Nakalema do it? Kampala, Uganda | RONALD MUSOKE | For almost two years now since she was appointed to head the State House Anti-Corruption Unit, Lt. Col. Edith Nakalema has been a busy woman crisscrossing the country in her fight against corrupt public officials. Nakalema, who was …

Kampala, Uganda |  THE INDEPENDENT |  The Uganda Revenue Authority- URA has commissioned a study to gauge the impact of tax exemptions on the economy. The study will influence policy changes in the next financial year. Government provides tax exemptions especially in areas of Agriculture, manufacturing, construction, information and communication technology , …

Kampala, Uganda |  THE INDEPENDENT |  Members of Parliament have asked the government to reduce domestic borrowing as a means to finance the budget saying it will crowd out the private sector. The MPs were today meeting the Ministry of Finance and the Uganda Revenue Authority (URA) to consider two loan …

Kampala, Uganda | THE INDEPENDENT | Government has finally allowed Tullow to sell all its stake in Uganda’s oil and gas sector to French oil giant Total E&P. Tullow in a statement on Wednesday announced that the Ministry of Energy and Uganda Revenue Authority approved the deal valued at $575 million …

Economic experts warn that it is too early to celebrate the performance Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has recorded a surplus in revenue collection for the first quarter of the Financial Year 2020/21 amidst the coronavirus pandemic but economic experts warn it is too early to …

Why our country continues to take more and more loans and what this means for the economy THE LAST WORD | ANDREW M. MWENDA | Uganda is at a crossroads. Early this year, government passed a budget of Shs32 trillion for the 2020/2021 Financial Year. It also projected to collect …

Kampala, Uganda |  THE INDEPENDENT |   The Uganda Revenue Authority has recorded a surprise surplus of more than 1 trillion Shillings in collections for the the first quarter of the financial year 2020/2021. In all the three months July to September, collections were above the target, reversing the high under-performing …

Kampala, Uganda | THE INDEPENDENT | A panel of five Constitutional Court Justices have dismissed a petition in which businessman Hassan Basajjabalaba’s company, Haba Group Uganda Limited had challenged tax imposition on its 169 billion shillings compensation. The money had been awarded to the company by the government following the cancellation …

Kampala, Uganda | THE INDEPENDENT | Manufacturers and importers of beverages and cigarettes have five days to have their products stamped with the Digital Tax Stamp (DTS), or their goods will not be on the market. The DTS is a machine-readable stamp put on a package of a product to …