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Tag Archives: revenue

BUDGET: Museveni unhappy with low tax collections

  Budget 2021 summary ✳ Resource envelope Sh45.5 trillion ✳ Revenue Sh21.8 trillion ✳ Uganda GDP Sh138 trillion ✳ Uganda GDP rate +3.1% ✳ Electricity output 1254MW ✳ Paved roads 5600km ✳ National IT backbone, 49 districts ✳ Internet bandwidth $70/Mbps ✳ UDB sh1 trillion injection ✳ Domestic arrears pay 673bn …

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Top URA Commissioner resigns

    Kampala, Uganda | THE INDEPENDENT | One of Uganda Revenue Authority’s high profile Commissioners, Dicksons Kateshumbwa, has resigned. “Today after more than 14 years of service in the authority I have decided to end my tour of duty ahead of my contractual period with immediate effect,” he said in …

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Mutukula Customs lose UGX 150M amid lockdown

Mutukula, Uganda | THE INDEPENDENT | Mutukula border customs in Kyotera district has lost about Shillings 150 million in revenue due to the nationwide lockdown because of the Covid-19 pandemic. Vincent Seruma, the Assistant Commissioner Public & Corporate Affairs at Uganda Revenue Authority-URA, says they collect at least Shillings 50M …

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Masaka divisions struggling with garbage management as revenue sources shrink

Masaka, Uganda | THE INDEPENDENT | Masaka division authorities are struggling with proper waste management due to dwindling local revenue collection. There are three divisions in Masaka municipality including Katwe-Butego, Nyendo-Ssenyange and Kimanya-Kyabakuza. The three divisions are chocking with heaps of uncollected garbage. Information from residents shows that garbage has been …

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UGX 20.4 trillion revenue target is unrealistic -Doris Akol

Kampala, Uganda | THE INDEPENDENT  | The Commissioner-General of Uganda Revenue Authority, Doris Akol has said that the 20.4 trillion shillings revenue target for the current financial year 2019/2020 is unrealistic. Akol was on Tuesday appearing before Members of Parliament to explain their financial proposals under the 2020/2021 financial year Budget …

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Population data, demographic dividend and tax collection key for Uganda’s economic growth

COMMENT | Ndereya Besi | This week, Uganda plays host to two African conferences. First, the 8th African Population Conference (APC) and the 4th International Conference on tax in Africa. APC is organized in conjunction with National Population Secretariat and supported by the Union of African Population Council in conjunction with United Nations Fund …

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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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E-LogRev: Uganda rolls out new Electronic Revenue Management System

Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has rolled out the automated Revenue Management System, e-logRev aimed at increasing revenue collections. The online tool is used for local taxpayers’ registration, payment assessments, e-payment, reconciliation, enforcement, reporting and integration with other government agencies. The system was launched …

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URA seeks sh66bn additional funding

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) is seeking an additional funding of sh66.3 billion shillings to improve its operations. The request for more funds in the coming financial year 2019/2020 was on Thursday tabled before Parliament’s Finance Committee by the URA Commissioner General, Doris Akol. The …

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