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Riham and Leaf TC set the pace in Uganda with digital tax stamps

Kampala, Uganda | THE INDEPENDENT |  Harris International (Riham) and Leaf Tobacco and Commodities have set the pace by being the manufacturers to commence stamping of their products using the newly introduced Digital Tax Stamps (DTS). Uganda on Friday started implementing a Digital Tracking Solution (DTS) for excise duty through the implementation …

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Uganda introduces Digital Tax stamps to boost revenue

Kampala, Uganda | THE INDEPENDENT | Government has given Uganda Revenue Authority (URA) the go ahead to introduce the long awaited Digital Tracking Solution (Digital Tax Stamps). Speaking at a joint press conference Friday with Uganda Manufacturers Association, The Prime Minister’s Office and Ministry of Finance, URA spokesman Vincent Seruma …

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URA cancels VAT Registration for 1693 ineligible taxpayers

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693  taxpayers.  The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …

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AfroChampions Initiative presents $1trn AfCFTA investment framework

The AfroChampions Initiative held its second conference on sustainable green growth and industrialisation in Kigali, Rwanda. Kigali, Rwanda | TOM COLLINS | The AfroChampions Initiative, a set of public-private partnerships designed to leverage resources and funds to create more multinational corporate champions in Africa, has proposed a $1trn investment framework …

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Growing tourism sector

UTB strengthens marketing and quality of service Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board is gearing up regulating tourism facilities, travel agents and tourist guides countrywide to support growth of the sector. In an interview with The Independent on Oct.15 at Protea Hotel during the agency’s quarterly media …

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Uganda hosts first CRAFT climate seminar for Financial Institutions and Service Providers

  CRAFT TARGETS • Increasing productivity and income for 300,000 smallholder farmers; • Improving business performance for 50 agribusiness SMEs and 30 cooperatives (of which at least 25% are managed by women and/or youth); • Climate resilient sustainable food production practiced on 600,000 hectares. Kampala, Uganda | THE INDEPENDENT | With …

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