Business •
07 Jan '25
A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.
Business •
07 Dec '24
Business •
07 Dec '24
Business •
25 Nov '24
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
Business •
15 Nov '24
Uganda's Civil Society Organisations (CSOs) have urged the government to reassess its approach to the ongoing rationalisation process, emphasising the need to prioritise local government and Parliament reforms to effectively reduce taxpayers' expenses. Mr Julius Mukunda, the Executive D
Business •
13 Nov '24
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which
Business •
24 Oct '24
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
Business •
23 Oct '24
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
Business •
21 Oct '24
The Inspector General of Government has told Ugandans to stop entertaining public officials who are taking advantage of official government rules and procedures to extort money. Speaking during the third Institute of Corporate Governance Awards last Friday, Ms Beti Kamya, said it is high
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj