Tag Archives: revenue

Kampala, Uganda | THE INDEPENDENT | Buganda kingdom has for the second consecutive financial year failed to raise its targeted revenue due to the emergence of the coronavirus (COVID-19) pandemic. This has been revealed by the Kingdom’s Finance Minister Robert Waggwa Nsibirwa while presenting the traditional institution’s budget for the coming …

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has started valuation of all properties to be taxed in the next five years. Gulu City’s revenue collection for the financial year 2020/2021 was projected at 4.7 Billion Shillings but only 1.8 Billion Shillings was realized. Geoffrey Oyoo, the Gulu City senior …

Kasese, Uganda | THE INDEPENDENT | Kasese municipality has recorded an increase in local revenue collection over a period of ten years. While the district collected 650 million Shillings in 2011, the figure has since jumped to 1.2 billion Shillings by 2019, before taking a dive in 2020, as the COVID-19 pandemic …

Nakasongola, Uganda | THE INDEPENDENT | Authorities in Nakasongola district have embarked on a process to update their tax database so as to enhance revenue collection and fight corruption. Nakasongola district collected 539 million Shillings during the financial year 2019/2020 and close to 800 million Shillings by March 2021, far below the …

Kampala, Uganda | THE INDEPENDENT | The increasing number of appeals on property valuations by Mukono municipal authorities is affecting the timely collection of revenue. Mukono municipality valued buildings and working spaces in 2019 with an intention of expanding its local revenue base. However, the big institutions and factories in Namanve industrial …

Gulu, Uganda | THE INDEPENDENT  |  Gulu District Local Government has reported poor local revenue collection as the 2020/2021 financial year nears its end.  Simon Peter Ocen, the Gulu District Senior Finance Officer, told URN in an interview that they have only collected Shillings 560 million out of the projected Shillings …

Kampala, Uganda | THE INDEPENDENT | The United Nations Agency in Uganda is worried that the newly created cities will increase the financing burden of the central government and affect the achievement of sustainable development goals. The UN Capital Development Fund, UNCDF, which aims to make public and private finance work for …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has opposed the proposal by the Ministry of Finance directing newly created administrative units to use their locally generated revenue for operations. The government created over 360 sub-counties and 350 town councils across the country but many have remained non-functional …

    FEAFFA Partners with Trademark East Africa for the EACFFPC training’s Second Phase Kampala, Uganda | THE INDEPENDENT | With an eye on reducing cost of trade in the region, stake holders in the logistics sector have stepped up specialized training for key personnel in Uganda. A programme to offer …

The government takes a huge chunk of revenues as taxes to reduce tobacco smoking Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has defied the effects of coronavirus pandemic to record a 27% surge in net profit to Shs19.9bn for the year ended December 2020. BATU will now …