Tag Archives: revenue

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has opposed the proposal by the Ministry of Finance directing newly created administrative units to use their locally generated revenue for operations. The government created over 360 sub-counties and 350 town councils across the country but many have remained non-functional …

    FEAFFA Partners with Trademark East Africa for the EACFFPC training’s Second Phase Kampala, Uganda | THE INDEPENDENT | With an eye on reducing cost of trade in the region, stake holders in the logistics sector have stepped up specialized training for key personnel in Uganda. A programme to offer …

The government takes a huge chunk of revenues as taxes to reduce tobacco smoking Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has defied the effects of coronavirus pandemic to record a 27% surge in net profit to Shs19.9bn for the year ended December 2020. BATU will now …

  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 …

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 …

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, …

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. …

Nairobi, Kenya | Xinhua | Africa’s e-commerce platform Jumia is looking to increase partnerships with Chinese suppliers in order to boost its revenue streams, the company said on Thursday. Sam Chappatte, CEO of Jumia Kenya, told Xinhua in Nairobi that China is an efficient producer of goods and therefore many of …