New UNBS boss David Livingstone Ebiru The Minster of Trade, Industry and Cooperatives, Amelia Kyambbade in consultation with Uganda National Bureau of Standards (UNBS) National Standards Council (NSC) has appointed David Livingstone Ebiru as the 4th Executive Director of the standards agency effective 11th May, 2021. Ebiru holds a 1st Class
Read More
The informer reward regime has been strengthened by the decision of Honourable Justice Ssekaana Musa given in favour of URA in the matter of David Olaka Vs URA, where the reward claim of Shs241.53bn was dismissed. The informer had initially provided information to URA and about tax evasion by MTN and
Read More
Angela Ndawula, the Head Business and Institutional Banking at Housing Finance Bank Housing Finance Bank recently launched the Kingdom Development Organ aimed at stimulating community-based resource mobilization in partnership with the Church of Uganda. We caught up with Angela Ndawula, the Head Business and Institutional Banking at Housing Finance Bank
Read More
Patience T Rubagumya, the URA Commissioner Legal Services and Board Affairs The Tax Appeals Tribunal has affirmed that the lease of equipment amounts to a taxable supply and ordered Multiple ICD Ltd, a Freight Forwarding Company to pay VAT amounting to Shs2.86bn to Uganda Revenue Authority (URA). Multiple ICD Ltd instituted an application
Read More
Andrew Ockenden (C), the Director Development at the British High Commission, UCDA boss Emmanuel Iyamulemye Niyibigira (2nd R) and Anne Babinaga (R), the Minister Counsellor at Ministry of Foreign Affairs in a group photo after the coffee stakeholders meeting Uganda Coffee Development Authority (UCDA) is working with the British High Commission
Read More
URA boss, John Rujoki Musinguzi with members of Ndejje University Tax Society The Uganda Revenue Authority (URA) Commissioner General, John Rujoki Musinguzi this morning honored an invitation by Ndejje University’s Professor Eriabu Lugujjo owing to an ongoing partnership designed to nurture a tax alert generation through a resident tax society. Tax societies are
Read More
URA boss John R. Musinguzi Uganda Revenue Authority (URA) Commissioner General, John R. Musinguzi has said the tax body will increasingly become a business enabler through easing trade facilitation. The URA boss made the remarks during the launch of additional four modules and URA exemptions on the Uganda Electronic Single Window
Read More
Mumba Kalifungwa, Absa Uganda’s Managing Director and Michael Segwaya, the bank’s Chief Finance Officer and Executive Director during the release of the bank’s 2020 financial results. Absa Bank Uganda’s total assets increased by 3.5% to Shs3.54 trillion, up from Shs3.42 trillion recorded in 2019, according to the bank’s financial statements
Read More
Banks are charging higher interest rates to agriculture sector/Courtesy photo The Bank of Uganda’s Monetary Policy Report for April 2021 has shown that after a sharp decline in lending rates in December 2020 and January 2021 on account of significant loan extensions to some prime customers in the telecoms sub-sector, lending rates
Read More
Principal Judge, Flavian Zeija (C), Registrar General, Mercy Kainobwisho (2nd L) in a group photo with other Judicial Officers during the training at Speke Resort, Munyonyo. The Uganda Registration Services Bureau (URSB) under their Insolvency & Receivership mandate today unveiled a week-long training for Judicial Officers. The training was officially
Read More
