Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …
Read More »URA, UBA launches new online payment solution
Uganda Revenue Authority (URA) and United Bank of Africa (UBA) have launched tax payments through online and point of sale –POS (card swiping) methods, powered by VISA and MasterCard. Speaking at the launch of the service at URA’s headquarters in Nakawa on Tuesday March 28, URA’s Commissioner General Doris Akol …
Read More »KADAGA: Income Tax Amendment Bill is now law
Uganda Parliament Speaker Rebecca Kadaga has confirmed that the Income Tax Amendment Bill (copy bottom) is now law. Kadaga told parliament on Wednesday that technically, the law has been assented to despite President Yoweri Museveni returning the bill to parliament for the third time last month, seeking amendments. The Income Tax Bill …
Read More »CSOs call for a referendum on MPs tax exemptions
Civil Society Organizations (CSOs) have called for a referendum for Ugandans to decide if MPs should pay income tax on their allowances or not. According to their umbrella body, the civil society budget advocacy group(CSBAG), a total of 3216 petition letters have been collected, asking President Yoweri Museveni to ensure MPs pay …
Read More »Civil society takes MPs tax protest to the streets
Civil Society Organizations (CSOs) have launched a countrywide campaign by marching in Kampala streets against a proposed tax allowance exemption for Members of Parliament (MPs). The organisations say they are marching in support of President Yoweri Museveni’s original stand against an MPs tax allowance exemption. The street march which started from …
Read More »VIDEO: New VAT, online challenges for URA and Africa
VIDEO: African Tax administrators have called for the need to strengthen Value Added Tax Administration on the continent to increase tax revenues. Uganda Revenue Authority Commissioner General Doris Akol says improving domestic Revenue Collection, is the only way African tax bodies can combat tax evasion. Akol was speaking during the 17th …
Read More »ANALYSIS: How did India’s Modi pull off bold rupee shake-up?
Mumbai, India | AFP | Months of planning by a select few sworn to secrecy and then cash-laden trucks on the streets. But this was no bank robbery — rather an audacious plan to issue new notes across India. There are 1.25 billion people in India but only a handful …
Read More »Anger, outrage as Kenya Revenue Authority exempts Uber from paying VAT
Kenya Revenue Authority’s recent decision to spare the tax hailing firm Uber from paying Value Added Tax on rides has prompted outrage and anger among the company’s drivers. It has also angered regular cab companies operating in Kenya as they have to pay VAT on their services rendered. KRA has …
Read More »Uganda re-elected on African tax forum council, wins 2 awards
Uganda has been re-elected member of the African Tax Administration Forum (ATAF) council at the ongoing General Assembly in Durban, South Africa. The country’s revenue authority URA also won two awards, coming top in Africa in the 2016 Innovation Awards in Customer Service and the Innovation Awards for Modernization. The new ATAF Council elected for …
Read More »Experts salute URA but warn of a mountain to climb to lift Tax-GDP ratio
URA at 25: Experts salute URA but warn of a mountain to climb to lift tax:GDP ratio from miserable 12% On September 20, Uganda Revenue Authority (URA) across the country replaced their shirts and tops with T-shirts inscribed with the words: “Believe there is good in the world” and headed …
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