Tag Archives: traders

That’s why Museveni can’t save them from URA COVER STORY | THE INDEPENDENT | “Tax has a negative multiplier to the economy, more so in economies such as ours where the tax system is regressive and accountability is very poor. It has long been proven by economists that people’s incomes, business …

✔ President to meet with Ministry of Finance and URA Technocrats on April 24, 2024. ✔ President to meet with all traders on May 7, 2024 at Kololo Ceremonial grounds. ✔ URA directed to suspend all penalties during further consultations. ✔ Traders agreed to open up their businesses while continuing …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) will establish an office in down town Kampala, popularly referred to as Kikuubo, that is solely dedicated to providing Electronic Fiscal Receipt and Invoicing Services (EFRIS) to traders and other tax payers, Minister of State for Finance(Planning), Hon. Amos Lugoloobi, has …

Jinja, Uganda | THE INDEPENDENT | Jinja Traders Association-TA have joined the nationwide strike by closing shop to protest the enforcement of the Electronic Fiscal Receipting and Invoicing Solution-EFRIS. Traders say that, EFRIS is a form of taxation that will lower their customers’ purchasing power and over time create unfair business …

Some traders lack the digital skills to navigate the new system Kampala, Uganda | THE INDEPENDENT | Kampala’s Kikuubo trading hub was markedly quiet most of last week, a significant deviation from its usual bustling activity. The once vibrant shops, known for their colourful fabrics, utensils and scholastics were closed, with …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority tax education team on Tuesday took to the streets of downtown Kampala (Kikuubo) to educate the masses about taxation, most notably, the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) system that is aimed at solving business transaction challenges. This came in …

Kabale, Uganda | THE INDEPENDENT | The business community is expressing dissatisfaction with Uganda Revenue Authority (URA) and other border security officers, alleging their involvement in shielding smugglers along the Uganda-Rwanda border, particularly at Katuna in Kabale district. Claiming continuous smuggling due to connivance with URA and security officers, the business …

Mbarara, Uganda | THE INDEPENDENT | Mbarara City Traders Association (MBACITA) has initiated a fundraising campaign dubbed “Enkoni Y’nyine Eka” to procure their own firefighting truck. The decision comes after a recent fire outbreak along Maj Victor Bwana road that caused significant damage to Timber and Timber products worth billions of …

Mbarara, Uganda | THE INDEPENDENT | Timber traders whose property was destroyed by fire in Mbarara City say they lost more than one billion shillings. The fire that broke out on Friday on Major Victor Bwana Road, destroyed timber and timber products. After the incident, Robert Kanusu, the Deputy Mbarara …

Kasese, Uganda | THE INDEPENDENT | The Business community in Kasese District has asked Uganda Revenue Authority-URA to create adequate awareness to enhance tax compliance. They say that there has been a huge gap in communication and information dissemination and if not addressed it will be difficult for the tax body …