Tag Archives: ura

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 …

  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 …

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 …

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 …

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 …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has called traders whose goods haven’t been cleared to do so lest they are auctioned. In a letter sent out this morning, Patience Tumusiime Rubagumya, the Acting Commissioner for Customs says “all goods that remain uncleared after 30 days of the …

Four years later, her corruption-proof strategy takes shape amidst huge expectations and challenges Kampala, Uganda | IAN KATUSIIME | In 2015 when President Yoweri Museveni appointed Allen Kagina to head the Uganda National Roads Authority (UNRA), the body had sunk deep into jaw dropping corruption. Exposure and investigations into the …

5% drop to Shs68bn in net profit Kampala, Uganda | JULIUS BUSINGE | Huge taxes paid to Uganda Revenue Authority (URA) has seen Barclays Bank Uganda Limited record a 5% drop in net profit to Shs68bn for the year ended December 2018. Barclays bank financial results released on April 25 …