Business

  Ibrahim Kaddunabbi and Allan Mafabi IRA boss tips sector executives on managing scams that could haunt performance   Kampala, Uganda | JULIUS BUSINGE | Insurance companies must put in place feasible policies to manage fraud that could easily jeopardize their good performance. This is the summary of what Ibrahim Kaddunabbi …

  Anthony Giannoumis is from Oslo Metropolitan University and Amit Patel is the Creative Director at the London based entrepreneurship firm (Experience Haus). They have accumulated 25 years as experience in matters enterprise development. Recently, they were in Uganda to offer counsel to young entrepreneurs camping at Kafeero Foundation and …

Kampala, Uganda | THE INDEPENDENT & URN | High Court has dismissed with costs an interim application seeking to block the government and Uganda Revenue Authority (URA) from implementing and enforcing the Digital Tracking Systems (Tax Stamps). Justice Musa Ssekaana of Civil Division of High Court on Tuesday dismissed the …

Wilberforce Kisamba-Mugerwa is an agricultural economist and board chairman of the Microfinance Support Centre. He also served as the Chairman of the National Planning Authority from 2008 to 2018. Victoria Sekitoleko is the current chairperson of Uganda Agribusiness Alliance (UAA) and former minister of agriculture. Kampala, Uganda | JULIUS BUSINGE …

  What the Euro-Asian nation promised African countries at a historic summit in Sochi Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | One might have probably heard about Sochi, Russian city located on the Black Sea Coast near the border with Georgia, for co-hosting the 2018 FIFA World Cup. …

Kampala, Uganda | THE INDEPENDENT |  Harris International (Riham) and Leaf Tobacco and Commodities have set the pace by being the manufacturers to commence stamping of their products using the newly introduced Digital Tax Stamps (DTS). Uganda on Friday started implementing a Digital Tracking Solution (DTS) for excise duty through the implementation …

Kampala, Uganda | THE INDEPENDENT | Car dealers with cars of 15 years and above in their bonds have been given up to December 31, 2019, to sell them or they are confiscated as contraband. In an October 28 letter to the used car dealers association chairman, Syan Sajjad Pervaiz, URA …

Kampala, Uganda | THE INDEPENDENT | Government has given Uganda Revenue Authority (URA) the go ahead to introduce the long awaited Digital Tracking Solution (Digital Tax Stamps). Speaking at a joint press conference Friday with Uganda Manufacturers Association, The Prime Minister’s Office and Ministry of Finance, URA spokesman Vincent Seruma …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693  taxpayers.  The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …

Kampala, Uganda | THE INDEPENDENT | Doris Akol, the Uganda Revenue Authority-URA Commissioner General, has recalled the order that required individuals and corporations transferring sh50 million and more abroad to have a tax certificate. The order, which became public on Wednesday and had been issued by Commissioner Domestic Taxes Henry Saka, …