Kampala, Uganda | THE INDEPENDENT | Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to …
Read More »SEATINI petitions court over public private partnership law
Kampala, Uganda | THE INDEPENDENT | Two charity organizations are seeking Constitutional Court declaration that four sections making up the back bone of Uganda’s Public-Private Partnership Act are inconsistent with the Constitution. The organizations say the four sections limit public participation in design and implementations of public projects, restrict access to …
Read More »We need more tourism incentives – operators
UTB says offers are good but the process must be transparent Kampala, Uganda | JULIUS BUSINGE | Uganda’s tour operators are requesting government to offer them more tax incentives to boost investment in the sector even as trade experts say the move denies the economy of huge sums of money. …
Read More »Court asked to expedite Rwanda border closure case
Kampala, Uganda | THE INDEPENDENT | Ugandan lawyer Steven Kalali who is challenging Rwanda’s actions of closing its Gatuna border has petitioned the East African Court of Justice demanding for a speedy hearing. In his petition, Kalali states that he filed his case in April 2019 and in May 2019; …
Read More »Multinational companies leaving country after tax incentives expire – EPRC study
Kampala, Uganda | THE INDEPENDENT | Some companies leave the country immediately their tax incentives expire. This is according to a new study by the Economic Policy Research Centre-EPRC. A study conducted in April 2019 but examined tax incentives given to companies from 2010/2011 to 2018/19 financial years, shows that …
Read More »Experts speak out on proposed taxes for financial year 2019/2020
Kampala, Uganda | Julius Businge | Tax experts have weighed in on the recently introduced taxes aimed at increasing domestic revenue to fund the new budget for FY2019/20. Speaking at a half day post budget tax dialogue organised by the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI), …
Read More »Rethinking tax incentives
Researches, experts say there is limited evidence to show these offers attract investors Kampala, Uganda | PATRICIA AKANKWATSA | Tax incentives are part of Uganda government’s top priorities for attracting foreign investors and new businesses. From prospective investments in agribusiness to hospitality, and from steel to textile industries, tax incentives …
Read More »UGX 1.4 trillion lost in tax exemptions says SEATINI
Kampala, Uganda | THE INDEPENDENT | A civil Society group says government should not award tax exemptions considered “harmful” to the country’s economy. The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) says harmful tax exemptions cost the tax payer over 1.4 trillion shillings during the 2017/18 financial year. …
Read More »Prof. Yash Tandon: Bobi Wine’s rise an exciting change in Uganda’s politics
Kampala, Uganda | THE INDEPENDENT | Bobi Wine’s rise is the most exciting change in Uganda’s political landscape, according to Prof. Yash Tandon. His views on the political potency of the pop music star turned politician are part of Tandon’s epilogue of his book titled “Common People’s Uganda” set to be …
Read More »CSOs ask gov’t to rethink Lubowa hospital project
Kampala, Uganda | THE INDEPENDENT | Civil Society Organisations want government to conduct a cost benefit analysis on terminating or continuing with the agreement for the proposed construction of the International specialized hospital of Uganda. The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) and Uganda Debt Network-UDN, say …
Read More »