UCIFA Executives meet with the Commissioner General URA

UCIFA Executives meet with the Commissioner General URA

Alhaji Jaffer Abdallah, the National Chairman of the Uganda Clearing Industry and Forwarding Association (UCIFA) visited the John Musinguzi, the Commissioner General of URA to discuss the plight clearing and forwarding firms in Uganda face as they push for compliance.

Ngozi Okonjo-Iweala to make the WTO "an organisation that achieves results"

Ngozi Okonjo-Iweala to make the WTO "an organisation that achieves results"

WTO

In March 2021, Ngozi Okonjo-Iweala became the first woman and the first African to be appointed to the position of Director-General of the World Trade Organization.

Zimbabwe seeks allies to allow international ivory trade

Zimbabwe seeks allies to allow international ivory trade

Zimbabwe, home to a quarter of Africa's elephants and one of the few growing populations of the large land mammal in the world, is trying to find allies to legalise the international trade in ivory, which has been banned for more than 30 years.

Smugglers evolving with new Tactics to dodge taxes

Smugglers evolving with new Tactics to dodge taxes

In spite of the tight security at the different borders, smugglers are growing new tactics to beat customs personnel at every checkpoint.

Local Marine Cargo Insurance Presents Relief for Importers

Local Marine Cargo Insurance Presents Relief for Importers

By Florence Namuganza

URA in partnership with the Insurance Regulatory Authority (IRA) announced in May 2022, that all cargo imported into Uganda by sea, air, rail, road or registered post must be insured by local insurance companies.

Smugglers Continue to Hatch Tricks Despite the Taxman Noose

Smugglers Continue to Hatch Tricks Despite the Taxman Noose

BY IMMACULATE WANYENZE

John Bbale, a 37-year-old renowned “business man” in Luweero may not be your ordinary Ugandan because he has mastered the “get-rich-quick” strategy through smuggling.

Britain and US agree on steel tariffs as hopes of broader trade deal recede

Britain and US agree on steel tariffs as hopes of broader trade deal recede

The UK has struck a deal with the US to remove tariffs on British steel exports, although trade experts warned a broader trade deal between the two countries remains far off.

UK ramps up gas and oil exports to EU amid Russia’s war in Ukraine

UK ramps up gas and oil exports to EU amid Russia’s war in Ukraine

The UK has drastically increased the volume of natural gas being pumped to the EU amid Russia’s war in Ukraine, powering a record monthly rise in goods exports to the continent despite Brexit.

Uganda Set to Collect Taxes from Digital Economy

Uganda Set to Collect Taxes from Digital Economy

Uganda Revenue Authority (URA) will start collecting Value Added Tax (VAT) from non-resident electronic services provider companies operating in the Ugandan economy, effective July 1, 2022.