Tag Archives: revenue

  Nairobi, Kenya | Xinhua | The East African Community (EAC) is losing revenue due to low investments in value addition of horticulture and leather produced in the region, says a report released on Thursday. According to the report by East African Business Council (EABC), a private business lobby of …

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 …

Addis Ababa, Ethiopia | XINHUA | The African Union (AU) Commission on Wednesday said that the ongoing COVID-19 pandemic has amplified Africa’s need to expand resource mobilization base. “Already African countries are reporting a reduction in tax revenues, especially from the non-digitalized sectors. The decline in the prices and demand …

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 …

Kampala, Uganda | THE INDEPENDENT | Local Government Minister, Raphael Magyezi has expressed dismay over the inadequate local revenue collection and rampant corruption in Nansana municipality in Wakiso district. According to Magyezi, the Shillings 6.1 billion collected by Nansana municipality is very insufficient. He argues that Nansana municipality has potential …

Mbarara, Uganda | THE INDEPENDENT | Mbarara municipality has registered a huge shortfall in local revenue collection for the financial year 2019/2020. According to a report by the Mayor Robert Kakyebezi Mugabe, 3.9 billion shillings was realized out of the expected 6.4 billion shillings. Kakyebezi says that they had expected …

Kampala, Uganda | THE INDEPENDENT | The pilot program of the new electronic revenue management system is yet to start in Mukono district. In 2017, the Ministry of Local Government rolled out the automated revenue management system aimed at increasing revenue collections. The online tool is used for local taxpayers’ …

  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 …

    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 …

Kampala, Uganda | THE INDEPENDENT | A sobering analysis of Uganda’s businesses during coronavirus crisis shows that at least 100,000 formal jobs have been cut revealing the scale of the carnage the virus has had on employment. Also, at least 4.4 million workers in the informal sector will either see their …