VIDEO: Ibrahim Mugerwa, Real Estate Analyst: It becomes an uphill battle for someone who is doing business in shillings having to pay rent in dollars...
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VIDEO: Ibrahim Mugerwa, Real Estate Analyst: The real estate sector is taking a down turn. If you look at the houses that are vacant because the developers are supplying a demand that does not exist...
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VIDEO: @SilverKayondo: Money isn't the only motivating factor for employees. As an entrepreneur, 'thank you' is important in motivating your team...
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Over the past several weeks there has been false, misleading or fictitious information on social media and in articles disseminated in some online publications about the Bank, its Chairman Mr. Jimmy D. Mugerwa and Chief Executive Officer Mr. Juma Kisaame.
Abraham Lincoln said, “You can fool some of the people all the time, and all the people some of the time but you can’t fool all the people all the time.” Uganda keeps proving a good laboratory for this. Ugandans seem to have refused to buy into a campaign that this man is dirty.
Uganda plans brilliantly, however it falls short when it comes to implementation. That's why we're still a 3rd world country.
Out of the boardroom, into the real world. That's where we need to be.
- Professor Kwesiga.
TIPS FOR SMALL BUSINESSES:
1. Manage your cash to avoid going bankrupt.
2. Have a strategy for recruiting and maintain talent.
3. Engage in marketing.
4. Talk to your customers to find out what they like or dislike.
5. Know your competitors
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Showcasing those who have done their best to comply and what the taxes have done; these will at-least encourage others to come up and pay taxes
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Dickson Kateshumbwa (Commissioner Customs, URA: Running away from being a compliant tax payer is not sustainable. We develop strategies to curb tax evasion. There is willingness to pay. The few who don't need to be educated to change their behavior.
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URA is mandated to administer revenue collection, account for the revenue and facilitate trade, protect the industry and the public
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By partnering with other ministries & agencies, we are trying to create a debate between revenue & expenditure. The ministries & agencies will have a chance to interact with the public to let them know know there is something being done with the money.
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This year we are partnering with other ministries and agencies at Independence grounds Kololo to show case what the tax have done. It will be crowned by awarding the best tax payer in the last 12 months. We shall also do some CSR.
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Dickson Kateshumbwa (Commissioner Customs, @URAuganda ): Tax appreciation week is about appreciating the tax payers, it is done every year and differently each year.
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