The Commissioner General of Uganda Revenue Authority (URA), John Musinguzi (pictured) has revealed that as per March 2023, only Shs3bn has been collected from gold exporters in Uganda. This is after another group dragged Government to court in protest of the requirement to pay the tax arrears before the regulation on this tax came
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Religious and political leaders across the country have used their sermons to condemn what they called ungodly acts committed especially by those assigned with public trust. In their Easter message, the leaders condemned government officials who are involved in the misappropriation of iron sheets meant for the Karamoja sub-region. The
Read MoreGrain millers in Alebtong are at risk of being closed down for failing to comply with the standards set by the Uganda Bureau of Standards (UNBS). Last year, during a standard-compliance enforcement activity, a number of mills in the district were closed down after it was discovered that they did
Read MoreThe Bank of Uganda had downplayed talk of negative effects on the global economies in light of the developments around the US dollar and the renminbi, the Chinese currency. Talk of a possible US dollar collapse has dominated international headlines, with some terming it imminent, as some countries adopt the
Read MoreThe global economy is set to grow at roughly 3% over the next five years - the slowest pace since 1990, the head of the International Monetary Fund has said. Kristalina Georgieva said the path ahead was "rough and foggy" - and warned that cooperation to address the problems was
Read MoreMinister Okasaai Opolot launching the free electricity connection program in Rwampara The government has commenced the free electricity connections policy targeting 1.7 million households across the country. The five-year electricity project is part of the government’s Rural Electrification Project worth 212 million dollars funded under a credit facility from
Read MoreTrucks loaded with imported maize from Tanzania waiting to offload outside Mombasa Maize millers in Mombasa. FILE PHOTO | NMG A ship carrying consignments of white maize, sorghum and wheat docked at the Mombasa port on Wednesday as importers started shipping in the produce to ease a shortage of the
Read MoreMargaret Nattabi, one of the disqualified candidates Makerere University has come under fire for disqualifying two guild candidates for allegedly holding an illegal electoral debate at the University. On Thursday, the University’s Electoral Commission Chairperson, Levi Tshilumba said the two candidates were disqualified for holding a “Kimeza” which is contradicting 10 (b) of
Read MoreHard Times As Gov’t Raises Tax Revenue Collection Target For URA To Shs29.3 Trillion In 2023/24
The URA Commissioner General, John Musinguzi The Ministry of Finance, Planning and Economic Development has revised the projected revenue collection target for Uganda Revenue Authority (URA) from the Shs28.9Trn it had earlier projected to Shs29.3Trn to finance the 2023/2024 national budget. The revelation was made by Henry Musasizi, Minister of State for
Read MoreThe Deputy Speaker of Parliament, Thomas Tayebwa has deferred a vote on the Supplementary Budget Schedule No.1 for the financial Year 2021/2022, following an impasse from across the political divide. During the Thursday afternoon plenary debate, the Opposition vehemently rejected the 2.59 trillion Shillings supplementary expenditure, and the Shadow Minister
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