Kampala Daily Online

News, Finance & Entertainment

[Kampala Daily Online @DailyKampala]

Kasaija: "Uganda’s economic outlook is positive. The Corona Virus pandemic has helped us to once again demonstrate the economic capacity and the vast opportunities that our country has."

#BudgetUG #BudgetUg2020 #UGBUDGET20

[Kampala Daily Online @DailyKampala]

Kasaija: "Total public debt as at December 2019 amounted to $13.3b, with external debt accounting for $8.59b or 64.4% while domestic debt amounted to $4.74b or 35.6% of total debt stock. "

#BudgetUG #BudgetUg2020 #UGBUDGET20 @ugandadebtnet

[Kampala Daily Online @DailyKampala]

Kasaija: "In order to respond effectively to the covid-19 pandemic, taxes on supplies for diagnosis, prevention, treatment, and management of the epidemics, pandemics and health hazards, will be exempt from customs duties."

#BudgetUG #BudgetUg2020 #UGBUDGET20

[Kampala Daily Online @DailyKampala]

Kasaija: "In order to support agriculture, VAT on the supply of agricultural equipment will be exempted. The supply of processed milk will also be VAT exempt to enhance the price competitiveness of milk produced in Uganda."

#BudgetUG #BudgetUg2020 #UGBUDGET20 @CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "The modest adjustments to tax rates that have been made include the excise duty rate on fuel; and adjustments to improve competitiveness in the region, support compliance..."

#BudgetUG #BudgetUg2020 #UGBUDGET20 @CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "To achieve this target, we will implement the use of digital tax stamps and expand the range of products covered in order to deter under-declaration of production and importation."

#BudgetUG #BudgetUg2020 #UGBUDGET20 @URAuganda @CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "Next financial year's revenue target is sh21,810b, comprised of tax revenue amounting to sh20,219b and non-tax revenue of sh1,591 billion. This target translates into a revenue effort of 14.3% of GDP."

#BudgetUG #BudgetUg2020 #UGBUDGET20 @URAuganda @CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "Domestic revenue measures for next financial year are anchored on the Domestic Revenue Mobilization Strategy, which aims to mobilise sufficient revenue to support infrastructure development and social welfare."

#BudgetUG #BudgetUg2020 #UGBUDGET20

[Kampala Daily Online @DailyKampala]

Kasaija: "Supervised Financial Institutions have been permitted to restructure loans and provide loan repayment holidays to companies and individuals affected by the Corona Virus pandemic."

#BudgetUG #BudgetUg2020 #UGBUDGET20

[Kampala Daily Online @DailyKampala]

Kasaija: "The @URAuganda will speed up payment of outstanding VAT refunds due to businesses accompanied by measures to limit fraud. An additional sh 120.53b will be refunded."

#BudgetUG #BudgetUg2020 #UGBUDGET20
@CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "I am waiving interest and penalties on tax arrears accumulated before 1st July to lessen the tax liability of businesses who voluntarily comply with their tax obligations. The expected tax relief as a result is sh50b."

#BudgetUG #BudgetUg2020 #UGBUDGET20
@CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "I am deferring payment until September 2020 of PAYE due from 1st April 2020 to 30th June 2020 for tax compliant Ugandan businesses facing hardships as a result of the COVID-19 pandemic."

#BudgetUG #BudgetUg2020 #UGBUDGET20
@CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "I am deferring until September 2020, the payment of any Corporate Income Tax and Presumptive Tax due 1st April 2020 to 30th June 2020, for tax complaint businesses with a turnover of less than sh500m per annum"

#BudgetUG #BudgetUg2020 #UGBUDGET20
@CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaijja: "Gov't will provide credit through SACCOs and Micro Finance Institutions to support micro and small-scale enterprises. I am proposing an allocation of sh94 billion for FY2020/21"

#BudgetUG #BudgetUg2020 #UGBUDGET20 @CSBAGUGANDA

[Kampala Daily Online @DailyKampala]

Kasaija: "In order to deal with the Corona Virus pandemic and other similar epidemics additional funding has been provided to increase Intensive Care beds at National and Regional Referral Hospitals."

#BudgetUG #BudgetUg2020 #UGBUDGET20

[Kampala Daily Online @DailyKampala]

What happens to your body after contracting #COVIDー19. This is a blow by blow account from a patient in his healing process.

#COVIDIOTS #coronavirusuk #CoronavirusPandemic #StayAtHome #StayHomeSaveLives #StayHome #LetsFightCoronaTogether

[Kampala Daily Online @DailyKampala]

#Rwanda has banned all arriving and departing commercial passenger flights effective March 20 at midnight for 30 days.

Cargo & emergency flights will continue to operate. Country has 11 confirmed #coronavirus cases

#COVID19UG #COVID19 #StayAtHomeChallenge #Africa

[Kampala Daily Online @DailyKampala]

Uganda Airlines suspends flights to five regional destinations

Read more here: https://t.co/cvNwa9nRp9

#Uganda #Museveni #Airlines #airlinenews # Africa #COVID19 #COVID-19 #CoronaVirusUpdate #COVID2019 #Kampala #Africa #Museveni #CoronavirusOutbreak

[Kampala Daily Online @DailyKampala]

Coronavirus: Uganda's President Museveni locks out journalists

https://t.co/1tIhzX8haY

#COVID19 #COVID-19 #CoronaVirusUpdate #COVID2019 #Kampala #Africa #Museveni #CoronavirusOutbreak

[Kampala Daily Online @DailyKampala]

Gov't starts selling petroleum products

Details: https://t.co/gi2pktPybW

#NationalOilCompany #petroleum #Fuel