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Tag Archives: revenue

Buganda kingdom in revenue deficit for second consecutive year

Kampala, Uganda | THE INDEPENDENT | Buganda kingdom has for the second consecutive financial year failed to raise its targeted revenue due to the emergence of the coronavirus (COVID-19) pandemic. This has been revealed by the Kingdom’s Finance Minister Robert Waggwa Nsibirwa while presenting the traditional institution’s budget for the coming …

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Gulu city starts property valuation to boost local revenue

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has started valuation of all properties to be taxed in the next five years. Gulu City’s revenue collection for the financial year 2020/2021 was projected at 4.7 Billion Shillings but only 1.8 Billion Shillings was realized. Geoffrey Oyoo, the Gulu City senior …

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Kasese municipality records major leap in revenue collections

Kasese, Uganda | THE INDEPENDENT | Kasese municipality has recorded an increase in local revenue collection over a period of ten years. While the district collected 650 million Shillings in 2011, the figure has since jumped to 1.2 billion Shillings by 2019, before taking a dive in 2020, as the COVID-19 pandemic …

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Nakasongola district embarks on updating tax database

Nakasongola, Uganda | THE INDEPENDENT | Authorities in Nakasongola district have embarked on a process to update their tax database so as to enhance revenue collection and fight corruption. Nakasongola district collected 539 million Shillings during the financial year 2019/2020 and close to 800 million Shillings by March 2021, far below the …

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Property valuation appeals delay local revenue collection in Mukono

Kampala, Uganda | THE INDEPENDENT | The increasing number of appeals on property valuations by Mukono municipal authorities is affecting the timely collection of revenue. Mukono municipality valued buildings and working spaces in 2019 with an intention of expanding its local revenue base. However, the big institutions and factories in Namanve industrial …

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Gulu district reports poor local revenue collection

Gulu, Uganda | THE INDEPENDENT  |  Gulu District Local Government has reported poor local revenue collection as the 2020/2021 financial year nears its end.  Simon Peter Ocen, the Gulu District Senior Finance Officer, told URN in an interview that they have only collected Shillings 560 million out of the projected Shillings …

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New cities can’t perform without financial help

Kampala, Uganda | THE INDEPENDENT | The United Nations Agency in Uganda is worried that the newly created cities will increase the financing burden of the central government and affect the achievement of sustainable development goals. The UN Capital Development Fund, UNCDF, which aims to make public and private finance work for …

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