tax
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News
House halts Bujagali tax exemption
KAMPALA, May 7, 2024 – A proposal by government to exempt the Bujagali Hydro Power project from income tax has been rejected by the Members of Parliament who instead demanded a report…
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News
Parliament stays rationalisation of key entities pending audit
KAMPALA, April 24, 2024 – The rationalisation of the Non-Performing Assets Recovery Trust [NPART] and Departed Asians Property Custodian Board [DAPCB] will only be concluded after an audit of the entities is…
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News
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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Cooperatives & Communities
Sugarcane farmers protest Shs 10,000 tax
KIKUUBE, March 7, 2024 – Leaders of Hoima Sugar Limited Out-Growers Association in Kikuube and Hoima districts have expressed dismay after Kikuube District Local Government imposed a Shs 10,000 tax on every…
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National
Govt earning big from fish maw exports, says URA
KAMPALA, December 1, 2023 – The Uganda Revenue Authority [URA] has reported a significant increase in tax revenue from fish maw exports since the introduction of an eight percent export levy under…
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National
Among asks minister to present report on PWDs’ land grabbing allegations
KAMPALA, November 16, 2023 – The Speaker of Parliament, Anita Among has directed the Minister of Gender Labour and Social Development, Betty Amongi, to present a detailed report on land owned by…
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Eastern
Mbale Industrial Park to create more 10,000 jobs
MBALE, October 5, 2023 – Sino Uganda- Mbale Industrial Park intends to create more than 10,000 jobs, according to its chairperson, Paul Zhang. Established on 619 acres in Mbale City by Tian…
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International
Global minimum tax to hit French farm cooperatives
PARIS, October 5, 2023 – The global minimum corporate tax will hit big farm cooperatives in France. Presenting the 2024 budget bill recently, Finance Minister Bruno Le Maire revealed that the cooperatives…
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National
MPs summon Kampala lawyer over Shs 39bln tea farmers’ compensation
KAMPALA – Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises [COSASE] has summoned lawyer Patrick Kiconco Katabaazi, a partner with Pathways Advocates over failure to account for Shs 39 billion meant…
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