Tag Archives: revenue

  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 …

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 …

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, …

Kampala, Uganda | THE INDEPENDENT | National Water and Sewage Corporation is losing at least shillings 3 billion every month in collected revenue since government enforced measures to forestall the spread of COVID-19. According to the organization’s boss, normally the company collects 38 billion every month from customers nationwide in revenue. …

Nairobi, Kenya | Xinhua | Africa’s e-commerce platform Jumia is looking to increase partnerships with Chinese suppliers in order to boost its revenue streams, the company said on Thursday. Sam Chappatte, CEO of Jumia Kenya, told Xinhua in Nairobi that China is an efficient producer of goods and therefore many of …

  Nairobi, Kenya | Xinhua | The East African Community (EAC) is losing revenue due to low investments in value addition of horticulture and leather produced in the region, says a report released on Thursday. According to the report by East African Business Council (EABC), a private business lobby of …

Kaabong, Uganda | THE INDEPENDENT | Kaabong district authorities have announced plans to tax artisanal miners in the district. This follows several requests by the miners and residents requesting for improved service delivery. The miners want the district to construct water sources in the mining areas. Albine Dwo, the district …

Addis Ababa, Ethiopia | XINHUA | The African Union (AU) Commission on Wednesday said that the ongoing COVID-19 pandemic has amplified Africa’s need to expand resource mobilization base. “Already African countries are reporting a reduction in tax revenues, especially from the non-digitalized sectors. The decline in the prices and demand …

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda-BATU has reported a revenue shortfall in the first six months of 2020 due to disruptions by the coronavirus pandemic. In its financial statement issued on Wednesday, BATU says its gross revenue fell by 12 percent as a result of low …

Kampala, Uganda | THE INDEPENDENT | Local Government Minister, Raphael Magyezi has expressed dismay over the inadequate local revenue collection and rampant corruption in Nansana municipality in Wakiso district. According to Magyezi, the Shillings 6.1 billion collected by Nansana municipality is very insufficient. He argues that Nansana municipality has potential …