Kampala, Uganda | THE INDEPENDENT | As the government officially kicked off the implementation of the Shs 72.1 trillion national budget for the 2025/26 financial year on July 1, leading economic experts and financial analysts have praised the direction of the new fiscal plan—but warned that its success will largely …
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Kampala, Uganda | THE INDEPENDENT | The National Budget for the financial year 2025/2026 is due to be read on June 12, 2025, according to the Ministry of Finance, Planning, and Economic Development. According to the proposals, the total resource envelope for the year is 71.9 Trillion Shillings, with just …
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KAMPALA, UGANDA | Xinhua | The Uganda Revenue Authority (URA), the state-run tax body, on Thursday launched the second edition of the Chinese translation of its tax guide book, a move aiming to help the Chinese business community better understand the country’s tariffs regime. At the launching of the book, …
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Kampala, Uganda | THE INDEPENDENT | High Court’s dismissal of an appeal by the Uganda Revenue Authority (URA) against the Trustees of the Bank of Uganda Defined Benefit Scheme, affirmed that the Scheme qualifies as a Settlor Trust under the Income Tax Act. The judgment, experts say, clarified and sets out …
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TORORO, UGANDA | THE INDEPENDENT | The Uganda Revenue Authority (URA) has officially commissioned a new bonded warehouse at the Malaba border in Tororo District to handle cargo congestion, expedite clearance, and boost revenue collection. The warehouse, built by Tan Investments, can accommodate up to 1,000 trucks and is expected to …
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KAMPALA, UGANDA | THE INDEPENDENT | Uganda Revenue Authority (URA) has suspended clearance of goods crossing to and from the Democratic Republic of Congo (DRC) via borders affected by the March 23 Movement (M23) rebels insurgency. When M23 rebels captured the Uganda-DR Congo border of Bunagana, URA and Immigration services …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has left a group of contracted auctioneers asking questions after being reportedly excluded from the next auction. The auction was supposed to take place in early October and the auctioneers were informed to get ready for the task as is usually …
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Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) has reported a remarkable performance in its half-year revenue collection, surpassing its target for the July to December 2024 period. The tax authority collected Shs15.25trillion against the target of Shs 14.93 trillion, registering a surplus of Shs 322 billion and …
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KAMPALA, UGANDA | THE INDEPENDENT | The Uganda Revenue Authority (URA) has surpassed its expected revenue collection for the first half of the financial year 2024/25 by 322 billion Shillings. URA collected 15.2 billion between July and December 2024, surpassing its target of 14.9 billion Shillings. “This 102.16 percent achievement …
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Kampala, Uganda | THE INDEPENDENT | Uganda has outlined plans aimed at reducing its national debt starting in 2027 the year it is forecast to touch 53 percent of the value of the economy (GDP). The country’s national debt stands at 25.6 billion (93 trillion shillings) as of the end of …
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The Independent Uganda: You get the Truth we Pay the Price
