Revenue
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News
Tax revenue collection: Soroti City authorities in dilemma as tenderers underperform
SOROTI – Soroti City is losing over Shs 100mln monthly as a result of noncompliance among the tenderers and businesses that evade paying taxes, forcing authorities to think of what to do…
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News
Mbarara City councillors, clerk feud over low revenue collection
MBARARA – Mbarara City Councillors have tasked the city clerk to collect arrears amounting to Shs 300 million from tenderers within a period of one week. During a city council meeting held…
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News
Mbarara City approves Shs 67.7bln budget for next financial year
MBARARA – Mbarara City councillors have passed a draft budget of Shs 67.7 billion for the next financial year 2023/2024 which kicks off on July 1, 2023. John Kavigi, the chairperson social…
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Finance & Banking
Winners and losers as MPs okay Shs 52.7 trn national budget
KAMPALA – Parliament on Thursday passed the Shs 52.7 trillion national budget for the financial year 2023/2024 in a sitting chaired by Speaker Anita Among. Shs 21.4trn of the total budget is…
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Environment
UWA to erect beehive fence in Mitooma as elephants ravage farms
MITOOMA – Surrounding crops fields with beehives attached to fence posts and strung together with wires serves as a humane and eco-friendly way to protect crops from elephants. Accordingly, the Ministry of…
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News
Nebbi Municipality launches IRAS to enhance revenue collection
NEBBI – To improve local revenue collection in Nebbi Municipality, authorities have launched the Integrated Revenue Administration System [ IRAS ]. IRAS is an online and mobile application platform that enables local…
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News
Missing development plans cause confusion in Mbarara City Council
MBARARA – Mbarara City councillors have asked the city clerk and members of the executive committee to avail them the five-year development plan and five-year strategic plan, noting that the two documents…
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News
Mbarara City Council officials fail to account for Shs 6.4 bln
MBARARA – Technocrats at Mbarara City Council have been compelled to explain the missing Shs 6.4 billion meant to be spent in the financial year 2021/2022. While appearing before the Parliamentary Accounts…
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Finance & Banking
UDB readies Shs 18.3bln for 19 projects in Bunyoro
HOIMA– At least 19 projects in Bunyoro Sub-region that need cheap loans will benefit from Shs 18.3 billion offered by Uganda Development Bank [UDB], with the projects expected to create 432 jobs…
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