Day: July 15, 2022

BY ANNET NANTONGO Illicit Financial Flows (IFFs) continue to plague Uganda’s economy, a loss that the Advocates Coalition for Development and Environment (ACODE) and Global Financial Integrity (GFI) estimate to be in excess of UGX 2 trillion annually. This universal problem manifests broadly as movement of money (and value) that is illegally earned, acquired, transferred, …

URA steps up fight against Illicit Financial Flows to curb revenue leakages Read More »

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. Bbale is a notorious smuggler who plies his trade in contraband cosmetics in Luweero. On Saturday 9th July, his car (Toyota Hiace) UBL 725L could not match the …

Smugglers Continue to Hatch Tricks Despite the Taxman Noose Read More »