Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) realized less revenue last month with both domestic and international taxes performing poorly. According to Ministry of Finance filings for the month, collections in August were below target by 149 billion shillings. Overall, URA collected 1.4 trillion shillings in August, …
Read More »Smaller companies urged to use affordable accountants
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …
Read More »Uganda’s height of folly
How gross absurdities and misguided corruption fears have killed Uganda’s oil industry THE LAST WORD | ANDREW M. MWENDA | Uganda has been trying to get oil of out the ground for the last 12 years, having discovered reserves in 2007. Last week Tullow ended its proposed farm-down to CNOOC …
Read More »Museveni cornered on Shs 446 bn oil money
Will he flee or fight oil firms? Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s plan to get Shs 446 billion from Uganda’s Petroleum Fund to finance part of the budget deficit this year may have been dashed when Tullow Oil refused to cough up Shs 600 billion in …
Read More »Experts weigh in on the ‘green’ URA Tower
Kampala, Uganda | THE INDEPENDENT | Experts in the architecture and construction industry have said the defects on Uganda Revenue Authority-URA tower are not severe and peculiar and can be addressed. Architect Enock Kibbamu, the chairman of the National Buildings Review Board (NBRB), said parties that put together the building …
Read More »Uganda to host 55 African Customs experts at Munyonyo
Uganda Hosts the 11th African Union Sub Committee of Directors General of Customs Conference from 16th – 20th September 2019, at Speke Resort Munyonyo Kampala, Uganda | THE INDEPENDENT | Uganda will September 16-20th host Directors General and Commissioners of Customs from 55 African Union (AU) member countries. The …
Read More »Freight and logistics firms prepare to tap into oil opportunities
The firms are investing in staff, information technology and standards Kampala, Uganda | JULIUS BUSINGE | As Uganda slowly moves towards commercial oil production, companies in the freight and logistics sector are preparing their staff, investing heavily in information technology as well as standards to tap into the multi-billion sector. …
Read More »How URA Customs is positioned to champion AfCFTA Agreement
The African Continental Free trade Area (AfCFTA) Agreement: How is URA Customs positioned to champion this agenda? GUEST COLUMN | DICKSONS KATESHUMBWA | The Uganda Revenue Authority (URA) Customs department was central in the negotiations that culminated in the African Continental Free Trade Agreement (AfCFTA). Whereas legally binding effective on 30th …
Read More »URA explains tower leaks after hailstorm hits Nakawa
Kampala, Uganda | THE INDEPENDENT | Heavy rain with strong winds today hit Nakawa, momentarily affecting operations one of the 23 floors of the new Uganda Revenue Authority (URA) Tower. Water leaked onto the work area, through the louvers. URA confirmed the development, saying they will come up with a …
Read More »Why drone operators are considering insurance
Kampala, Uganda | THE INDEPENDENT | Christopher Darlington is a drone pilot and mechanic. He shoots music videos, ceremonies and documentaries for his clients. He charges between Shillings 300,000 and 500,000 and is glad business is available. Darlington looks forward to the first and last two months of the year because …
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