Category «Business»

Pioneer Easy Bus given 30 more days

The Uganda Revenue Authority has given Pioneer Easy Bus Company another 30 days within which to pay the Shs.8 billion tax arrears. This has been revealed by the URA manager for debit collection Abdul Salaam Waiswa. He however does not explain the circumstances under which the decision was made. Meanwhile the tax body is also …

URA explains high fuel prices

The rising fuel prices have been explained. The Uganda Revenue Authority has blamed the trend on the deficit recorded in international trade taxes. Currently a liter of petrol goes for Shs.3,900 up from 3,800, while that of diesel goes for Sh.3,600 up from 3,400 last month, a trend that the sector players have blamed on …

Business back to normal:URA

Barely a week after the Kenyan elections, business is getting back to normal not only in Kenya, but the entire East African region. The Uganda Revenue Authority says it expects more fuel to be brought into the country today. This follows reports that 1.5 million liters of fuel was cleared by the authority to address …

Traders sail through Kenyan polls

  Traders operating in Kenya didn’t encounter any major challenges during the just concluded elections. This is according to the spokesperson KACIITA, Isa Sekitto who says the traders were prepared in time for alternative routes and many used the southern route. Sekitto says that the Malaba boarder was also clear despite a few hiccups on …

Sim registration deadline extended to 31st May

Ugandans who have not registered their Sim cards can now breathe. The Uganda Communication Commission has extended the Sim card registration deadline to 31st may. Communication boss, Godfrey Mutabaazi says that another one month will be given to telecom companies for verification of the information collected. Mutabaazi says the extension was prompted by various complaints …