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 »Stanbic joins URA’s e-payment platform
Kampala, Uganda | JULIUS BUSINGE | Times of visiting banking halls and Uganda Revenue Authority (URA) offices to file tax returns could be over as the tax body continues to partner with financial institutions and telecom companies to offer online payment solutions. Stanbic bank, which collects a third of URA’s annual …
Read More »URA’S Shs 140 bn house near completion
Kampala, Uganda | JULIUS BUSINGE | The new headquarters of the Uganda Revenue Authority (URA) is on track for completion this year. According to Ian Rumanyika, the manager for public and corporate affairs in the Commissioner General’s office, the construction, which begun in August 2014 is expected to end in …
Read More »Auditor General lists weak government departments
Auditor General lists weak government departments | Political will to do things is zero, says civil society NAADS (corruption), Ministry of Finance (domestic arrears, funding shortages) Public universities (unapproved salaries) Local governments (low absorption), URA (tax exemption follow-up, low targets, missed royalties gold) Ministry of Lands, Housing and Urban Development …
Read More »One-Stop Border Posts ease trade in the region
TradeMark East Africa invests US$117 bn in customs facilities Kampala, Uganda | JULIUS BUSINGE | Doing business in East Africa has improved in the recent years with the operationalization of the One Stop Border Points (OSBP). TradeMark East Africa (TMEA), through funding from UK’s Department for International Development (DFID) and Global …
Read More »THIS WEEK: China offers $30million to support Uganda customs modernization
THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
Read More »China offers Uganda $30m to support customs modernisation
Beijing, China | THE INDEPENDENT | The Government of the People’s Republic of China has agreed to support Uganda’s customs modernization project with a grant worth $30m( RMB 200,000,000). The Sh109 billion grant will support the capacity of Uganda Revenue Authority (URA) to acquire latest technologies in the form of …
Read More »Uganda in bold move to regulate supermarkets
Government drafting guidelines to deal with defaulting retail chains Kampala, Uganda | JULIUS BUSINGE | Supermarkets in Uganda have made it a habit not to pay or delay payments to suppliers of goods and services in time but that will soon come to an end once the government’s proposed …
Read More »