Why Africa Gold Refinery is unhappy with URA’s licensing of new refineries Kampala, Uganda | JULIUS BUSINGE | Executives at the East Africa’s largest refinery, Africa Gold Refinery are nervous about the future of the country’s precious industry. The firm’s Chief Executive Officer, Alain Goetz, said during the 2018 Mineral Wealth …
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Tax body to save Shs3.8bn upon completion of the project Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority (URA) is expected to save at least Shs 3.8bn in annual rent upon completion of its office complex in Nakawa, Kampala. The ongoing construction works of the Shs 139bn URA Tower is …
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AfDB hires Commissioner General to implement tax reforms in war-wrecked nation Kampala, Uganda | IAN KATUSIIME | South Sudan is a young nation beset with many troubles especially the continuous outbreaks of war. But that has not deterred Africa’s newest nation from building its institutions, with the National Revenue Authority being …
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Kampala, Uganda | THE INDEPENDENT | The new Uganda Revenue Authority (URA) Sh139 billion headquarters that is close to completion at Nakawa will significantly reduce the cost of doing business for taxpayers through provision of a modern one-stop-service-centre. “The overall objective of the project is to provide infrastructure for better …
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THIS WEEK: Banks sue URA over customer data Kampala, Uganda | THE INDEPENDENT | Banks under their umbrella body, Uganda Bankers Association have dragged Uganda Revenue Authority (URA) to court over a directive by the tax revenue collection body to banks to submit information of their customers including account name, Tax …
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Kampala, Uganda | URN | Uganda Revenue Authority-URA has impounded contraband supermatch cigarettes worth Shillings 2.5 billion in taxes. The contraband cigarette was smuggled into Uganda from Kenya through Busia border over a period of six months. According to URA, although the contraband is worth Shillings 2.5 billion in taxes, …
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Kampala, Uganda | THE INDEPENDENT | Government has asked Uganda Revenue Authority (URA) to drop a recent directive for banks to release to them account details of all their clients. Uganda’s cabinet decided on Monday that the URA move “would cause unnecessary litigation and some turbulence in the banking sector and …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is challenging a directive to its members requiring them to furnish information related to all the accounts they hold. Uganda Revenue Authority (URA) last month wrote to all Ugandan banking institutions asking them to release demographic and financial …
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Businesses set to benefit from signed bilateral agreements Kampala, Uganda | JULIUS BUSINGE | Nearly a dacade ago, Betty Kiguli, the procurement coordinator at Nice House of Plastics, hardly made a saving while clearing goods with customs officials. But things have changed in the past four years since her company was …
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Kampala, Uganda | JULIUS BUSINGE | Over 1000 delegates, 600 international and 400 national, are in Uganda for the next three days to take part in the 4th World Customs Organization Global Authorised Economic Operator’s Conference that officially opened today – March 14 at Kampala Serena Hotel. Speaking to reporters prior …
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The Independent Uganda: You get the Truth we Pay the Price