How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
Read More »THIS WEEK: Nakumatt leaving the Ugandan market!
Kampala, Uganda| THIS WEEK | Regional retail chain, Nakumatt Holdings, could soon be leaving the Ugandan market after Uganda Revenue Authority closed its head office at Kumambogo Gayaza and the main branch at Oasis Mall over tax arrears. The Kenyan supermarket chain, which started operations in Uganda in June 2009 pioneered the 24-hour …
Read More »URA eyes bigger taxpayer’s appreciation week with Museveni
Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni is expected to attend this year’s Uganda Revenue Authority (URA) taxpayer’s appreciation week taking place from Sept. 27-29 at Kololo Independence Grounds. The 12th event is open for the general public. This time around, beyond URA sharing taxpayer information, other government ministries and …
Read More »Why Museveni fired Isabalija
How pride, Kabagambe’s ghost, and Chinese investors sealed his fate Kampala, Uganda | HAGGAI MATSIKO | On July 03, the sacked former Permanent Secretary of the Ministry of Energy, Stephen Isabalija swung the first blow in a fight that would live him jobless. He unilaterally cancelled an MoU the government …
Read More »COMMENT: Why the URA new home is critical
Kampala, Uganda | COMMENT | UGANDA MEDIA CENTRE | As Uganda Revenue Authority (URA) strives to improve customer service under the Modernisation Programme, using client centred approaches, there are several fragmented processes handled in different locations. URA incurs a lot of expenses on communication and travel between the various offices to …
Read More »Akol’s new tax strategy
Analysts say the new initiative has to be all-inclusive to succeed Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority(URA) is designing a Medium Term Revenue Mobilisation Strategy (MTRS) seeking to meet the ever growing annual revenue collection targets. The MTRS’ core objective is to ensure that revenue collection matches …
Read More »VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘
VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘ Kampala, Uganda | NBS | African countries lose more than over 136 trillion shillings (the equivalent of 38.6 billion dollars) a year in tax incentives given to foreign investors. This revelation was made by Logan Wort, the executive secretary …
Read More »URA impounds ivory from Egyptian diplomat
Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority (URA) on August 17 displayed 65 kilograms of ivory they say they impounded from a one, Hussein Elhusseiny, an Egyptian national. Vincent Seruma, the assistant commissioner for corporate and public affairs, told reporters at the URA headquarters on Thursday that Elhusseiny, …
Read More »URA’s missed collection targets
Tax experts say government needs to refocus its priorities Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has good and bad news these days. The tax body is collecting more and more money but, at the same time, is failing to meet ever rising annual targets. The pattern of missed …
Read More »URA Sh500bn short of target but sees 13% growth in revenue for FY2016/17
URA Sh500bn short of target but collects 12.7 trilltion- 13% growth in revenue for FY2016/17 Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has today officially released its revenue performance for FY2016/17 indicating a 13.2% growth in revenue collection compared to the year before. According to the revenue performance report, Shs 12.7 trillion …
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