Kampala, Uganda | THE INDEPENDENT | Investigations into the extra cargo that was loaded on a Bank of Uganda (BoU) chattered plane have been extended to currency centres in Mbale, Kabale and Fort Portal. A Senior detective at the Criminal Investigations Department has intimated to Uganda Radio Network (URN), that …
Read More »Kasaija’s budget transparency initiative
It aims at putting citizens at the centre of its formulation, implementation Kampala, Uganda | JULIUS BUSINGE | “The budget is no longer interesting to us. We no longer listen to it because it does not give information that we want as farmers. Many years ago, the minister would read …
Read More »URA bans informal trade at Uganda-Tanzania border
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has banned all forms of informal cross-border trade at the Uganda-Tanzania border point of Mutukula. A number of people operating as informal traders have been bringing in small quantities of goods each time they cross from Tanzania through Mutukula border without …
Read More »Inside URA’s proposed customs taxes
Local consumers and businesses – not the exporting countries – will pay the price Kampala, Uganda | ISAAC KHISA | The good news coming from the Nakawa-based Uganda Revenue Authority (URA) is that local firms, will effective July this year, be protected from external competition as government increases taxes on …
Read More »Museveni locks out oil investors
It’s Total disaster Kampala, Uganda | HAGGAI MATSIKO | Uganda’s oil sector has been thrown into another toss up after President Yoweri Museveni cancelled a highly anticipated meeting on June 05 between him and oil production company executives; The Independent can exclusively report. The meeting was to be a …
Read More »BOU and CAA officials detained
Kampala, Uganda | THE INDEPENDENT | Several officials from the Bank of Uganda and the Civil Aviation Authority are being questioned following an anomaly with a consignment belonging to the central bank. In a statement this afternoon, signed by the Governor Emmanuel Mutebile, The Central Bank didn’t mention the officials but …
Read More »URA collects Ugx 13.5 Trillion in 10 months
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority collected taxes to the tune of 13.5 trillion Shilling from July, 2018 to April 2019, according to the ministry of Finance April performance of the economy report. This translates into a 365.5billion surplus from the target that the tax body was expected …
Read More »Rollout of URA digital stamps suffers setback
Kampala, Uganda | THE INDEPENDENT | The proposed rollout of the digital stamp by Uganda Revenue Authority-URA suffered a setback because of an injunction issued by the Commercial court blocking the entire exercise-URN has learnt. URA was expected to roll out the digital stamp by the end of April targeting high …
Read More »MPs want URA’s digital stamp project probed
Kampala, Uganda | THE INDEPENDENT | The Commissioner General of Uganda Revenue Authority (URA), Doris Akol on Wednesday found difficult to justify the 103 billion shillings required funds for the digital stamps project. Members of Parliament sitting on parliament’s budget committee described the request as fraud. Akol appeared before the committee chaired …
Read More »MPs turn away URA officials over UGX 100bn for digital stamps
Kampala, Uganda | THE INDEPENDENT | Members of the Budget Committee have turned away officials from the Uganda Revenue Authority-URA over failure to produce supportive documents for digital stamps. The digital stamps are part of the additional budget proposed in financial year 2019/2020 that has been submitted to the budget …
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