📢Good morning Uganda! 🇺🇬
It's time to rise to the occasion. Today is the day we've all been waiting for - the Census day. It's important to stay in your homes and engage in the census process. The Census is scheduled to take place from May 10th to 19th, 2024.

#Ugandacensus2024

Join our Director and moderator at the Financial Symposium & Exhibition aiming to find Financing solutions for Uganda’s Manufacturing Sector tomorrow May 8, and Thursday May 9.

'Using #EFRIS for VAT compliance will lead to cost-push inflation, promote black market and smuggling. VAT along the distribution line raises commodity prices, leading to a decline in demand.' Dr. Stephen Isabalija during the #MUBSMEFPress
Uganda Revenue Authority
MUBS Economic Forum

Government of Uganda should revise the VAT threshold, allow the filing of VAT to be quarterly instead of monthly, and use #EFRIS to collect sales tax.'
Dr. Stephen Isabalija during the #MUBSMEFPres

#EFRIS is a very good System for tax compliance. However, we need to ask ourselves what value does a supermarket add to toilet paper? Therefore, there's need to review VAT policy for some goods to ease the burden on the consumers.' Dr. Stephen Isabalija during the #MUBSMEFPres

'It's difficult to use global templates to
compare Uganda's Tax-to-GDP ratio to that of other countries due to differences in taxation policy, structure of the economy, politics, and development objectives, among other considerations.' Dr. Fred Muhumuza
MUBS Economic Forum

“EFRIS should be implemented not as a tax, not as a system to hit tax revenue targets but rather as an enabling system for traders to file their taxes”

Dr. Robert Isabalija during the #MUBSMEFPress

EFRIS is good but we are proposing that sales tax should be the best option, which is implemented in several other countries. #MUBSMEFPress

Dr. Robert Isabalija emphasizes that EFRIS is not at tax but rather a system at #MUBSMEFPress

Uganda Revenue Authority

The Economic Forum Press Conference on “Implications of the state of the Ugandan Economy on Trade, Manufacturing, Taxes and Growth with jobs” is underway. Kindly login to be apart.

Engage along the discussion using the #MUBSMEFPress24

We are getting underway in the next 20 minutes.

In the times of the most critical juncture in Uganda's economy, a conversation on the state of the economy regarding the emerging events is neccessary in shaping the trajectory. The selected pannel will be delving into this convesation today hosted by MUBS Economic Forum

Taxes account for 13.1% of total cost of manufacturers & 34.5% of industry capacity underutilization. Electricity accounts for 29.5% of the cost. Is the taxation regime harming business? The Economic Forum will be discussing this & more at 2:00PM. Lets be there. Fred Muhumuza

MUBS eLearning Cente invites you to a scheduled Zoom meeting. Topic: Press Conference on taxes and its implication to business operations Time: Apr 25, 2024 2:00 PM.
MUBS Economic Forum
The New Vision
Daily Monitor
NBS Television
NTV UGANDA

🎙️Press Conference❕

“Implications of the state of the Ugandan Economy on Trade, Manufacturing, Taxes and Growth with jobs” on Economic Forum Press Conference tomorrow starting 2:30PM at Makerere University Business School.

WAGE BUDGET & KEY EXECUTION ISSUES FOR FY 2024/25:

Deputy Secretary to the Treasury, Patrick Ocailap on behalf of the PSST Ramathan Ggoobi has issued a circular to all Accounting Officers (Central & Local Government) on issues of the wage budget.

This follows the completion of the

Infographic: Did you know? The Bank of Uganda is dedicated to empowering financial consumers! If you've encountered issues with any supervised financial institution, there's a clear mechanism in place to help. #BOUFinancialEmpowerment

Tonight UBC UGANDA will among many Dr. Fred Muhumuza - Director Economic Forum to answer a biting question in the Nation today “Are Tax Policies empowering Traders to thrive and expand their capital?”

Fred Muhumuza Makerere University Business School

The Director MUBS Economic Forum, Dr. Fred Muhumuza will be speaking on Next Radio starting 7pm today on issues regarding tax. Please tune in!

Today 13 April MUBS-ESA has gotten a new team of vibrant and elegant ladies and gentlemen that shall take control for its future being. It was graced by the presence Dr Fred Muhumuza director MUBS Economic Forum