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Oct 2020 6 results
19:45
19:45

MPs Probe Missing UGX 15bn from Custodian Board Bank Accounts 1 4

Kasozi demanded accountability for the missing 15 billion shillings noting that the Custodian Boards accounts do not show any compensations that could have depleted the accounts.
19:33
19:33

MPs Ask Government to Reduce Domestic Borrowing bank of uganda 3 1

Ruhinda North MP Thomas Tayebwa says that many businesses are facing challenges accessing loans because of the COVID-19 risks, and fears that as the government moves to borrow, many banks will withhold money from Ugandans with the hope of lending to the government.
18:21
18:21

Education, Tourism Service Providers Will Not Pay Taxes Until Next Year 1 1

Under the Bill, the government sought to defer payment of income tax for companies and other persons involved in the business of manufacturing, tourism and floriculture, whose turnover is less than 500 million Shillings. It also sought to defer payment of tax on employment income and waive interest on tax arrears.
17:55
17:55

Parliament Approves Tax Exemption on COVID-19 Medical Supplies, Hotels 1 1 Top story

These include disposable medical face masks, re-usable face masks made of fabric, face shields and the raw materials used in making them. The others are non-woven surgical caps, protective goggles with indirect side ventilation, biohazard bags, disinfectants and sanitizers.
07:21
07:21

Parliament Disagrees with Museveni on Taxing Loss Making Companies 1 4

The President had asked parliament to reconsider a position that taxpayers, who declare liability for a consecutive period of five years of income less than 0.5 per cent of their gross turnover. He suggested that these should pay a minimum tax amounting to 0.5 per cent of the turnover for each year commencing with the sixth year.
06:51
06:51

Parliament Approves UGX 200B for DRC Road roads 3 1 Top story

Uganda and DRC entered a bilateral agreement to implement strategic infrastructure projects which includes constructing the road from Kasindi to Beni measuring about 80 kilometres, Beni to Butembo measuring 54 kilometres and the Bunagana border to Ruchuru-Goma road which measures 89 kilometres.
Oct 2020 6 results