URA to Recruit 1,269 Staff to Strengthen Tax Collection
URA is hiring 1,269 new staff to improve tax collection, targeting high-net-worth individuals in key sectors like construction and transport.
Tag: Ministry of Finance
URA Tasked to Collect Shs 36.7 Trillion for FY2025/26
Uganda Revenue Authority faces a Shs36.71 trillion revenue target for FY2025/26, a significant increase from the current Shs31.37 trillion.
Uganda’s Public Debt Hits Shs 106 Trillion Amid Rising Domestic Borrowing
Uganda’s public debt has surged to Shs106 trillion, driven by increased domestic borrowing and efforts to clear outstanding obligations.
Uganda Strengthens Financial Integrity, Exits FATF Grey List
Uganda exits the FATF grey list after implementing legal reforms and strengthening financial oversight in its fight against money laundering.
Govt Cracks Down on Casinos, Betting Firms with Tough New Tax Rules
Uganda introduces strict tax reforms for casinos & betting firms, including mandatory payment tracking & heavy fines for non-compliance.
Govt Proposes Using National ID as Tax Identification Number
Uganda’s government proposes linking the National ID to tax registration, aiming to curb evasion and boost revenue collection.
Shs53 Billion Heist: BoU Assistant Commissioner Freed on Bail
Assistant Commissioner Pedson Twesigomwe, accused in a Shs53 billion Bank of Uganda scandal, walks free on Shs25 million bail. MPs back him as sureties.
Govt Ready to Take Over Umeme Concession by 2025, Says Nankabirwa
Energy Minister Ruth Nankabirwa confirms the government is ready to take over Umeme’s concession by April 2025, despite financial and operational challenges.
Uganda Secures Shs338bn for Water and Urban Development Projects
Uganda signs EUR 85m (Shs338bn) financing agreements with France to boost water and urban development in Greater Kampala. Key projects aim to transform the region.
Centenary Bank Hosts Global Banking Leaders at GABV Annual Meeting
Centenary Bank hosts the Global Alliance for Banking on Values (GABV) Annual Meeting, focusing on resilience, sustainability, and ethical banking.
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