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Tag Archives: revenue

Electronic receipts: Consumers to foot costs

  Kampala, Uganda | THE INDEPENDENT | As Uganda Revenue Authority implements the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), traders and other taxpaying companies fear that the cost of doing business will increase. The URA has got a go-ahead to continue implementing EFRIS, after the High Court dismissed a petition …

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URA makes surplus collections in first half of 2020/2021

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has hit above the revenue collections target set by the Ministry of Finance, Planning and Economic Development for the first half of the year 2020/2021. The ministry had initially told URA to collect Shs 21.6 trillion for the year, but after evaluating …

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ULGA wants local revenue policy to boost service delivery

Kampala, Uganda | THE INDEPENDENT | The Uganda Local Government Association (ULGA) wants the government to put in place a local revenue policy to harmonize challenges faced by local governments in local revenue collection and management. Speaking at a local government leader’s breakfast meeting organized by Action Aid Uganda on Friday, …

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NSWC losing Shs 3 billion monthly in revenue

Kampala, Uganda | THE INDEPENDENT | National Water and Sewage Corporation is losing at least shillings 3 billion every month in collected revenue since government enforced measures to forestall the spread of COVID-19. According to the organization’s boss, normally the company collects 38 billion every month from customers nationwide in revenue. …

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Kaabong to tax artisanal miners to boost local revenue

Kaabong, Uganda | THE INDEPENDENT | Kaabong district authorities have announced plans to tax artisanal miners in the district. This follows several requests by the miners and residents requesting for improved service delivery. The miners want the district to construct water sources in the mining areas. Albine Dwo, the district …

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Coronavirus smokes BATU revenues

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda-BATU has reported a revenue shortfall in the first six months of 2020 due to disruptions by the coronavirus pandemic. In its financial statement issued on Wednesday, BATU says its gross revenue fell by 12 percent as a result of low …

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