THIS WEEK: Banks sue URA over customer data Kampala, Uganda | THE INDEPENDENT | Banks under their umbrella body, Uganda Bankers Association have dragged Uganda Revenue Authority (URA) to court over a directive by the tax revenue collection body to banks to submit information of their customers including account name, Tax …
Read More »URA impounds contraband cigarettes worth Sh2.5 billion
Kampala, Uganda | URN | Uganda Revenue Authority-URA has impounded contraband supermatch cigarettes worth Shillings 2.5 billion in taxes. The contraband cigarette was smuggled into Uganda from Kenya through Busia border over a period of six months. According to URA, although the contraband is worth Shillings 2.5 billion in taxes, …
Read More »Cabinet gives URA go-ahead on dubious account holders
Kampala, Uganda | THE INDEPENDENT | Government has asked Uganda Revenue Authority (URA) to drop a recent directive for banks to release to them account details of all their clients. Uganda’s cabinet decided on Monday that the URA move “would cause unnecessary litigation and some turbulence in the banking sector and …
Read More »Why Ugandan bankers are heading to court to battle URA
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is challenging a directive to its members requiring them to furnish information related to all the accounts they hold. Uganda Revenue Authority (URA) last month wrote to all Ugandan banking institutions asking them to release demographic and financial …
Read More »Region’s AEO initiative a game-changer
Businesses set to benefit from signed bilateral agreements Kampala, Uganda | JULIUS BUSINGE | Nearly a dacade ago, Betty Kiguli, the procurement coordinator at Nice House of Plastics, hardly made a saving while clearing goods with customs officials. But things have changed in the past four years since her company was …
Read More »Authorized Economic Operator’s conference attracts 1000 delegates
Kampala, Uganda | JULIUS BUSINGE | Over 1000 delegates, 600 international and 400 national, are in Uganda for the next three days to take part in the 4th World Customs Organization Global Authorised Economic Operator’s Conference that officially opened today – March 14 at Kampala Serena Hotel. Speaking to reporters prior …
Read More »Uganda hosts first AEO conference in Africa
Kampala, Uganda | THE INDEPENDENT | Dicksons Kateshumbwa is the Commissioner for Customs at the Uganda Revenue Authority (URA). He speaks about the Authorized Economic Operator program (AEO) and the upcoming 4th World Customs Organization Conference to be held in Kampala from March 14 – 16. AEO pre-event SPECIAL interview …
Read More »World customs officials discuss tech ahead of Kampala Global AEO meeting
Kampala, Uganda | THE INDEPENDENT | World trade and customs officials have started discussing non-intrusive technologies needed for inspection of goods in the build-up to the World Customs Organisation (WCO) Global AEO Conference 2018 to be held in Kampala from Wednesday. Up to 1000 delegates including World Customs Organisation officials led …
Read More »Bad news on revenue collection
But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …
Read More »URA to host 4th Authorised Economic Operator conference in Kampala
Kampala, Uganda | JULIUS BUSINGE | Over 600 people had registered by Feb.14 to attend the 4th World Customs Organization Authorised Economic Operators Conference to be held in Kampala from March 14 – 16 at Serena Hotel. AEO is a trade facilitation program which URA uses to ease trade. Under …
Read More »