Tag Archives: revenue

Arua, Uganda | THE INDEPENDENT | Arua district has recorded a significant reduction in local revenue collections, one month to the end of the financial year. The district had planned to collect 426 Million Shillings but they managed to collect only 185 Million Shillings. Solomon Anguzu, the Secretary of Finance and …

NEWS ANALYSIS | THE INDEPENDENT | Uganda’s Sh48.13 trillion National Budget has been approved by Parliament today. The approved budget has increased by sh5 trillion from the current financial year budget. Over half of this money is expected to come from domestic revenue collection with Government targeting  a collection of …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said he doesn’t care who owns what business in Uganda for as long as the businesses are generating revenue for the country. Speaking to the Deputy Minister of Trade in Turkey, Riza Tuna Turagay at the sidelines of the ongoing Uganda-Turkey …

Kampala, Uganda | THE INDEPENDENT | Legislators have passed a motion urging government to develop a document that will be comprehensive on the taxation policy. At a plenary sitting chaired by the Deputy Speaker, Thomas Tayebwa, on Thursday 05 May 2022, the Buyamba County MP, Gyaviira Ssemwanga, was concerned that the …

Masindi, Uganda | Ronald Musoke | On April 29, the Uganda Wildlife Authority (UWA) handed over Shs2.9bn to the heads of local government from the five districts that neighbor Murchison Falls Protected Area. This conservation zone found in northwestern Uganda comprises Murchison Falls National Park, Karuma Wildlife Reserve and Bugungu Wildlife …

Lira, Uganda | THE INDEPENDENT | Lira district has recorded a reduction in local revenue collected which has affected activities. In the past three financial years, the district has collected less than what it projected. For instance, in 2019/2020, the district collected 245 Million Shillings out of the estimated 393 Million …

Kampala, Uganda | THE INDEPENDENT | URA has partly attributed the recent excessive revenue collection of the third quarter of the financial year 2021/22 to the resumption of the night economy and the full reopening of the entire economy. Between January and March this year, URA collected 1,834.37 Billion Shillings against a …

Kitgum, Uganda | THE INDEPENDENT | Kitgum municipality has recorded low local revenue, months after adopting the Integrated Revenue Administration System (IRAS). IRAS is a method of revenue collection aimed at having a joint revenue collection system, that solves all the requirements in tax management in all local governments. It replaced …

Lira, Uganda | THE INDEPENDENT | Lira City East Division authorities have abandoned the Integrated Revenue Administration System (IRAS) and reverted to the manual revenue collection method. IRAS is a web and mobile application platform that was launched in January this year to reduce revenue leakages through low assessment, reduce counterfeit …

Fort Portal, Uganda | THE INDEPENDENT | Fort Portal city divisions are protesting the decision by the city authorities to halt the remittance of 30 percent from local revenue collection to pay for court costs. This stems from a March 7th, 2022 circular issued by the Fort Portal City Town Clerk, …