The President of Uganda Gen. Yoweri Kaguta Museveni is under shock after learning of the immense wealth of exiting top Uganda Revenue Authority (URA) Officials. The shock follows an investigation on how sacked top (URA) corruptly acquired a lot of wealth for the period they’ve spent in the Authority. TheCapitaltimes has learnt that Museveni’s investigations…
The Parliament of Uganda has granted leave to West Budama North MP, Richard Othieno Okoth to draft and introduce a Private Members Bill called the Real Estate Agents Bill 2020. While asking Parliament to grant him leave on May 27, Okoth said that most real estate agents make money through commission for services rendered in…
The tax body, Uganda Revenue Authority (URA) has said that four senior officials resigned from the tax collection agency after a motion by a May 28 meeting of the Board of Directors who recommended “the reorganization” of the “management of the Authority.” On Saturday, Commissioner Domestic Taxes Dickson Kateshumbwa, Commissioner for Tax investigations Henry Saka,…
After Commissioner of Domestic Tax at Uganda Revenue Authority (URA), Dickson Kateshumbwa resigning on Friday, May 29. The latest information thecapitaltimes has established is that the Head of security at URA Lt.Col Ezekiel Matsiko is set to leave the tax organ back to UPDF for a refresher course. This comes after President Yoweri Kaguta Museveni…
Kampala Capital City Authority (KCCA) cabinet has suspended Trade Licenses, Market Dues and Commercial User fees upto December 2020 to allow business Community recover from the toxic effects of the pandemic. The Lord Mayor Erias Lukwago who chaired the meeting said, cabinet reached to a conclusion after a thorough assessment of the COVID-19 pandemic and…
The Parliament of Uganda has passed the National Payment Systems Bill, 2019, that will among others regulate and provide for the safety and efficiency of payment systems and issuance of electronic money. The Bill presented to the House by State Minister for Finance, Hon. David Bahati on Thursday, 14th November 20l9 seeks to create a…
Two Belgium nationals (brothers) Alain Goetz and Sylvain Goetz who were recently found guilty by a court in Antwerp of money laundering, fraud and given 18-month suspended jail sentences, have hired the Uganda People’s Defence Forces (UPDF) commandos to guard them. According to our sources, the duo (owners of the Africa Gold Refinery) (AGR) located…
Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon. Paul Akamba an Independent legislator representing Busiki County, in Namutumba District wrote to the Speaker of Parliament Rt. Hon. Rebecca Kadaga disowning his own signature as a seconder of a motion that was to be moved on the floor of Parliament on Tuesday 26th May…
The Bank of Uganda Amendment Bill 2019 that is set to trim the Powers of the Governor and separating the fusion between the Bank of Uganda management from the board of directors has been confirmed ready. Notably, Parliament of Uganda has held the first reading of the constitution amendment 2020 meant to reduce powers of…
The Parliamentary committees of Finance, Gender and Labour have okayed mid-term access to NSSF Savings. The money is however for only those who have saved for more than 15yrs and are below the age of 45yrs. Those between 45 and 55 should have saved for over 10 years to benefit. This came a day after…
