Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has posted a 28.7% jump in after-tax profit for the first half of 2025, buoyed by strong growth in data services, which offset a fall in voice revenues. The telecom firm reported a profit after tax of Ushs 197.2 billion, up from …
Read More »Qcil pays Shs 19.8bn in taxes, eyes innovation-led growth
The company is establishing a R&D hub, aimed at ramping-up local pharmaceutical manufacturing Kampala, Uganda | RONALD MUSOKE | Uganda’s pharmaceutical manufacturer, Quality Chemical Industries Limited (Qcil) paid Shs 19.8 billion in taxes to the government in 2025, up from Shs 15.1 billion a year earlier, following record growth in profits. …
Read More »No Water From the Tap: They’re asked to pay a tax anyway
With Chinese bank loans overdue, Harare charges residents for major upgrades that were never completed. Harare, Zimbabwe | Linda Mujuru Global Press Journal ZIMBABWE | The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially …
Read More »Trump signs bill on taxes, spending and debt ceiling
NEW YORK, the United States | Xinhua | U.S. President Donald Trump signed his landmark policy bill, the One Big Beautiful Bill, into law on Friday afternoon. The signing ceremony at the White House came a day after the bill was narrowly passed by the House of Representatives on Thursday. …
Read More »Experts warn gov’t on unplanned loans
Kampala, Uganda | THE INDEPENDENT | Experts have urged Uganda to avoid taking loans for which they never prepared and planned, as this distorts growth and development. This comes as the country embarks on what many have termed “ambitious”, a journey to grow the economy from the current 53 Billion …
Read More »REPORT: Americans are spending less due to Trump tariffs
LONDON, UK | Xinhua | Americans are planning to spend less money this summer due to the impact of U.S. President Donald Trump’s trade tariffs, The Independent has said, citing polling, surveys and media reports. In a survey by personal finance company WalletHub, 45 percent of respondents said tariffs are …
Read More »Malawi Revenue Authority benchmarks Uganda’s Digital Tax Stamps
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has hosted an eight-member delegation from the Malawi Revenue Authority (MRA) for a five-day benchmarking visit on Digital Tax Stamps (DTS). The visit aimed to provide insights into the implementation, monitoring, and enforcement of the system as Malawi prepares …
Read More »Kawempe North By-Election: Residents demand action on high property taxes
KAMPALA, UGANDA | THE INDEPENDENT | A section of residents in Kawempe North is raising concerns over the high property taxes imposed by the Kampala Capital City Authority (KCCA), urging contesting candidates in the forthcoming by-elections to address this pressing issue. The residents, particularly from Mpererwe, are dissatisfied with the …
Read More »URA introduces real time taxpayer audit
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has introduced a new tax compliance system that will help taxpayers maintain compliance and avoid adverse consequences. The domestic taxes compliance improvement plan (CIP) for the financial year 2024/25 lists 20 areas that, when not addressed by taxpayers, usually …
Read More »Dear Ugandan Taxpayers, WHY? And FOR HOW LONG?
COMMENT | Olivia Nalubwama | The National Resistance Movement (NRM) government of Uganda is out here doing good like a shifty-eyed Father Christmas in August — sprinkling favors like tax waivers worth UGX13.391 billion to eight taxpayers. The eight taxpayers: J2E Investment Corporation Limited (J2E), Nicontra Limited, Busoga University, Nkumba University, …
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