Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
The treaty, ratified by 183 parties covering 90% of the world’s population, has contributed to a one-third reduction in global tobacco use, preventing an estimated 118 million people from smoking.Tedros Adhanom Ghebreyesus, WHO Director-General, has called for
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
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
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Civil society organisations under the Uganda Tobacco Taxation Coalition have proposed that government should increase tax on tobacco and related products to 80 percent.The proposal, if implemented, will mean that
The World Health Organization (WHO) revealed a consistent reduction in the number of adult tobacco users worldwide, signaling a positive trend. However, the WHO cautioned against complacency, highlighting the tobacco industry’s persistent efforts to reverse this decline.As of 2022, appro
