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Oct 8 results
10:43
10:43

MPs Approve Withholding Tax Exemption on Agricultural Supplies 1 Top story

Government imposed the 1 percent withholding tax on people who make a gross payment for agricultural supplies in excess of Shillings 1 million in the current financial year.
19:28
19:28

Gov't Renews Proposal to Tax Loss Making Businesses new taxes 1 2

Bahati said the amendment is intended to limit revenue loss that occurs when a business that is making profit takes advantage of an assessed loss to avoid paying revenue for years.
07:14
07:14

URA Seeks UGX 66bn Additional Funding revenue collection 1 3

Uganda Revenue Authority (URA) has sought for an additional Shillings 66.3 billion to enable domestic tax collections, tax investigations, and recruitment of staff among others.
14:35
14:35

MPs Throw Out Financial Intelligence Authority Official 1 1

When asked by the Finance Committee Chairperson Henry Musasizi to explain whether the FIA policy statement for the financial year 2019/2020 had complied with all requirements under the Public Finance Management Act, 2015 (PFMA), Tukei looked ignorant for five minutes leaving MPs wondering whether he was the right person to appear before the committee.
06:51
06:51

MPs Question Donor Funding of Gov’t Institutions auditor general 6 1

In their statement presented by Assistant Auditor General-Corporate Services, Francis Masuba, the OAG mentioned financial support received this financial year from four development partners including Financial Management and Accountability Programme III (FINMAP), European Union and German Cooperation (GIZ).
17:12
17:12

Gov't Defends Move to Downsize Investment Authority Board 1 1

The bill now proposes that the board shall consist of five persons appointed by the minister from the private sector with sound knowledge and practical experience in business or investment matters. One of these shall be the chairperson. The other board members will be Permanent Secretaries from the ministry of Trade, Lands and Internal Affairs.
18:07
18:07

Proposed Pension Reforms Bill Poses Threat – Law Society uganda law society 1 2

Francis Gimara, the ULS president told legislators that the retirement benefits sector is one of the most fragile sectors in the economy where strict regulatory and state control measures are required.
18:05
18:05

Govt Takes Over Factory on Proposed Bailout List 6 2

The company is owned by Tom Mugenga- one of the individuals on the bailout list of distressed companies, whom the minister said has difficulty in handling money.
Oct 8 results