Day: June 1, 2023

Uganda and China launch trade agreement through the AEO program

By Immaculate Wanyenze In May 2021, Uganda signed an Authorized Economic Operator(AEO) Mutual Recognition Arrangement (MRA) with China during the 5th AEO Global conference held in Dubai. The arrangement was set to improve Uganda ‘s trade share in Africa borrowing from good trade practices of china as a major global player in trade. Speaking at …

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URA penalizes importer for concealment of phone spare parts

By Kabahweza Kamugisha Allan Uganda Revenue Authority has penalized a one Ntwari Bernard for concealment of goods under section 202 of the East African Community Customs Management Act (EACCMA). The importer was penalized UGX 10,289,580/= for concealing smart phone spare parts in two box speakers that arrived through Entebbe Airport on 3rd April 2023. In April, a traveller abandoned …

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URA, Bankers forge ways to improve revenue mobilisation

By Joshua Niyonshima Bankers under their umbrella organisation the Uganda Bankers Association (UBA) have requested for better management of processes by the Uganda Revenue Authority. During a one-day engagement with the tax body, bankers raised concerns on the delays in executing court decisions, late refunds and the lack of clarity in information issued by the …

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