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 …
Read More »Property valuation appeals delay local revenue collection in Mukono
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 …
Read More »Gulu district reports poor local revenue collection
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 …
Read More »New cities can’t perform without financial help
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 …
Read More »Local gov’t ministry opposes directive on operationalization of new administrative units
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 …
Read More »Uganda’s customs agents and freight forwarders get specialized training
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 …
Read More »BATU beats COVID-19 to post Shs19.9bn net profit
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 …
Read More »Electronic receipts: Consumers to foot costs
Kampala, Uganda | THE INDEPENDENT | As Uganda Revenue Authority implements the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), traders and other taxpaying companies fear that the cost of doing business will increase. The URA has got a go-ahead to continue implementing EFRIS, after the High Court dismissed a petition …
Read More »URA makes surplus collections in first half of 2020/2021
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has hit above the revenue collections target set by the Ministry of Finance, Planning and Economic Development for the first half of the year 2020/2021. The ministry had initially told URA to collect Shs 21.6 trillion for the year, but after evaluating …
Read More »ULGA wants local revenue policy to boost service delivery
Kampala, Uganda | THE INDEPENDENT | The Uganda Local Government Association (ULGA) wants the government to put in place a local revenue policy to harmonize challenges faced by local governments in local revenue collection and management. Speaking at a local government leader’s breakfast meeting organized by Action Aid Uganda on Friday, …
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