Hoima, Uganda | THE INDEPENDENT | SBC, the company contracted by the government to construct Hoima International Airport has laid off 160 workers. The company said in a letter to staff that the decision to lay off the workers was in line with the government guidelines to control the spread of …
Read More »COVID-19: Digital Tax Stamps back on the table
Manufacturers want government to continue footing the bill for due to coronavirus pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s manufacturers now want government to continue footing the bill for the Digital Tax Stamps (DTS) due to the threat being posed by coronavirus pandemic (COVID-19) to businesses. DTS are markings …
Read More »Stocks mixed on US riots, virus lockdown easing
London, United Kingdom | AFP | Global stock markets were mixed Monday, with US investors keeping a wary eye on violent anti-racism protests across the country and simmering tensions with China over Hong Kong. In Asia and then Europe, the focus was on the progressive easing of coronavirus lockdowns, offering hope …
Read More »Full list of changes at URA
Sakwa (left) is out, Mukiibi (middle) moved, and Patience T. Rubagumya stays URA Board decision Mukiibi Patrick has been transferred from the position of Commissioner Corporate Services to the position of Commissioner Domestic Taxes Patience T. Rubagumya remains as Commissioner Legal Services and Board Affairs Herbert Rusoke remains as Commissioner …
Read More »Virus-battered Italy faces worst recession since WWII
Milan, Italy | AFP | Facing its deepest recession since World War II and with business confidence collapsing, the coronavirus pandemic is hitting Italy’s economy hard. Business confidence in the eurozone’s third largest economy in May plummeted to its lowest level since official statistics institute ISTAT started the index in March …
Read More »MUHAKANIZI: Board sanctioned URA management changes
URA Board decision Mukiibi Patrick has been transferred from the position of Commissioner Corporate Services to the position of Commissioner Domestic Taxes Patience T. Rubagumya remains as Commissioner Legal Services and Board Affairs Herbert Rusoke remains as Commissioner Internal Audit and Compliance Abel Kagumire remains as Acting Commissioner Customs Mathew …
Read More »MTN ordered to pay UGX 44.2b to URA in two court cases
Kampala, Uganda | THE INDEPENDENT | Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion Shillings on the dispute on …
Read More »URA senior commissioner Dickson Kateshumbwa quits
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority senior commissioner Dickson Kateshumbwa has resigned. Dicksons Kateshumbwa, who had recently been taken to head the domestic taxes docket, said in an e-mail to staff that he had decided to end his tour of duty ahead of the contractual period with immediate …
Read More »Top URA Commissioner resigns
Kampala, Uganda | THE INDEPENDENT | One of Uganda Revenue Authority’s high profile Commissioners, Dicksons Kateshumbwa, has resigned. “Today after more than 14 years of service in the authority I have decided to end my tour of duty ahead of my contractual period with immediate effect,” he said in …
Read More »Expect no direct financial stimulus – Kasaija
Kampala, Uganda | THE INDEPENDENT | The Finance Minister Matia Kasaija has said that the government does not have a provision for any fiscal stimulus for businesses that have been affected by the impacts of the COVID-19 pandemic. Several economists and players within the private sector have been calling upon the …
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