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Tag Archives: Julius Businge

URA’s nine-month tax collection hit Shs15.4tn

Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …

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New report hints on Uganda’s tax opportunities

URA should make personal income taxes more progressive by raising PAYE entry threshold Kampala, Uganda | JULIUS BUSINGE | A new report published by Oxfam, Southern and Eastern Africa Trade Information and Negotiations Institute and other non-governmental organisations has identified gaps related to gender taxation, policy and administration, and that …

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Strong rebound for Uganda’s economy

BoU says 2022 economic outlook is more positive than earlier projected Kampala, Uganda | JULIUS BUSINGE | There is good news from Bank of Uganda indicating a big rebound in economic growth in 2021, meaning Ugandans got more money in their pockets to buy goods and services. In its monetary …

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UEGCL sends staff for retooling in Zambia

This comes as the company plans to switch on Karuma Dam  Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL) on Feb.08 flagged off some of its staff to Zambia to acquire more skills and enhance the institution’s capacity to manage operations of electricity generation facilities countrywide. …

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Positive outlook for real estate market

New report shows 89% occupancy rate in the Kampala Metropolitan Area Kampala, Uganda | JULIUS BUSINGE | Stanbic Properties Limited inaugural report on properties shows that the average occupancy rates in Kampala stood at 89% for Grade A, 83% for Grade B and 74% for Grade C buildings in December …

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URA sees better revenue collections a head

The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …

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