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Economy

Social Media And Mobile Money Tax Bring A Huge Decline In URA Revenues

URA commissioner general doris akol

The Uganda Revenue Authority ( URA ) has reported declines in the collection of revenue from the two controversial bills that were hit on us mid this year and that’s the mobile money tax and (OTT) which is basically intended to regulate the use of social media in Uganda. Check also: The Gov’t Avoids Social Media Tax Discussions-Bobi Wine URA claims ...

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BOU Governor Kicked Out Of Parliamentary Committee Over Missing Documents

BOU bosses

Bank Of Uganda ( BOU ) governor Tumusime Emmanuel Mutebile and his deputy Louis Austin Kasekende were kicked out of parliament later on Thursday allegedly for presenting falsehood during the hearing of why several inactive banks were closed by a selected group of MPs who were named commissions statutory authorities and state enterprises (cosase). Check also: Here’s Why Bank Of Uganda ...

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Uganda Is On The Right Path To Prosperity”- Museveni Commissioned 6 Industries In Namanve

namanve industries

The president of Uganda, HE Yoweri Kaguta Museveni attended the industrial projects were he commissioned six industries in Namanve industrial park. Check also: President Museveni Commissioned The New Cable-Stayed Bridge In Jinja Among these industries Museveni commissioned include Orion transformers, Toyota motors, Luuka Plastics, Interior Technologies, Alfasan limited and finally Steel and Tubes industries. However, this platform gave chance to several ...

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URA To Subject All Staff To A Lifestyle Audit

ura staff audit

The Uganda Revenue Authority ( URA ) has officially accepted a plan to subject all it’s staff to a lifestyle audit which will review each and every staff’s standard of living to see if it’s having a logical contradiction with their income, seeking to protect the honesty of the tax collector which has agonized throughout the years. Check also: Ugandan Government ...

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Parliamentary Sacco Suffers Shs100 million Loss

parliamentary sacco

Started in March 2003 to mobilize money for future development, Parliamentarians’ Savings and Credit Cooperative Society Limited (SACCO ) is counting losses amounting to over Shs100m after three MPs passed away without serving their loan. According to the sacco chairperson JaliaBintualso Masindi Woman Member of Parliament said this is weighing down their efforts as savers and crippling their efforts to ...

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