Revenue
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News
Uganda, France strengthen trade, diplomatic ties
KAMPALA, July 13, 2024– The Deputy Speaker of Parliament, Thomas Tayebwa, has lauded the cooperation between Uganda and France in the areas of trade, investment, and diplomacy, saying it ought to be…
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Petroleum Fund value now stands at Shs 246.6bln
KAMPALA, July 9, 2024 – The Petroleum Fund had Shs 246.6 billion as of June 30, 2023, compared to Shs 121.1bln as of June 30, 2022, according to the report of financial…
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News
Nebbi vendors threaten to stage demonstration over uncollected garbage
NEBBI, June 17, 2024 – Over 100 market vendors in Nebbi Municipality whose businesses are being affected by the accumulated garbage at a nearby primary collection point have threatened to a stage…
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Kikuube: Councillors reject Shs 10,000 levy on sugarcane out-growers
KIKUUBE, June 4, 2024 – Kikuube district councillors have rejected a proposal by the district executive committee [DEC] to impose a Shs 10,000 tax on sugarcane out-growers, saying it is meant to…
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News
Global carbon pricing revenues top a record US$ 100bln
WASHINGTON, May 23, 2024 — In 2023, carbon pricing revenues reached a record US$ 104 billion, according to the World Bank’s annual “State and Trends of Carbon Pricing 2024” report released today.…
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Lawmakers question income tax exemption for Bujagali Energy Limited
KAMPALA, April 11, 202 – Members of Parliament have questioned a proposal by the Ministry of Finance, Planning and Economic Development [MoFPED] to give Bujagali Energy Limited, a company that runs Bujagali…
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Kikuube district leaders urged to utilise automated revenue collection system
KIKUUBE, March 26, 2024 – Kikuube District Local Government officials have been advised to take advantage of the Integrated Revenue Administration System [IRAS] to enhance local revenue collection. IRAS is an online…
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News
UDB’s total assets hit Shs 1.6trn in 2023-report
KAMPALA, March 1, 2024 – The Uganda Development Bank [ UDB ] has released unaudited report for 2023, showing the Bank’s total assets grew by 8 percent to Shs 1.64 trillion from…
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