• Latest
Ssegona Named New COSASE Chair as Among Blocks Zaake’s Appointment

Auditor General Faults URA for Failure to Collect Shs52bn in Gold Exports

2 years ago
PSST Ggoobi Woos UK Investors: Uganda is Resource-Rich and Investment-Ready

PSST Ggoobi Woos UK Investors: Uganda is Resource-Rich and Investment-Ready

4 hours ago
Museveni Arrives in Nairobi for Africa We Build Summit 2026

Museveni Arrives in Nairobi for Africa We Build Summit 2026

4 hours ago
Uganda Positions as Strategic EU Trade Partner, Eyes $80B Fruit Market

Uganda Positions as Strategic EU Trade Partner, Eyes $80B Fruit Market

8 hours ago
Inside the Science: How Malaria Innovation is Researched, Assessed and Tested

Uganda, Rwanda Sign Four Key Agreements to Deepen Cooperation

20 hours ago
Inside the Science: How Malaria Innovation is Researched, Assessed and Tested

Museveni Meets AGRA Board Chairperson Desalegn, Calls for Locally Driven Agricultural Solutions

20 hours ago
Inside the Science: How Malaria Innovation is Researched, Assessed and Tested

PIMPLUS Steering Committee Inaugurated to Strengthen Public Investment Oversight

20 hours ago
SoftPower News
Thursday, April 23, 2026
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Auditor General Faults URA for Failure to Collect Shs52bn in Gold Exports

by Rogers Atukunda
January 11, 2024
Ssegona Named New COSASE Chair as Among Blocks Zaake’s Appointment

John Musinguzi, URA Commissioner General

55
VIEWS

The Auditor General, John Muwanga, has faulted the Uganda Revenue Authority (URA) for failing to collect Shs52.238bn in gold exports, saying this has denied the government revenue for service delivery.

“The exports in 2021/ 22 weighed 30,167,582 and those of 2022/23 were 40,648.2 kilograms, totalling 70,837.91. This translated into US$14,167,582 equivalent to Shs52.238bn that was not collected, contrary to the Mining and Minerals (Export Levy on Refines Gold) Regulations 2023,” read in part the December 2023 Auditor General’s report.

Related Stories

PSST Ggoobi Woos UK Investors: Uganda is Resource-Rich and Investment-Ready

Museveni Arrives in Nairobi for Africa We Build Summit 2026

Uganda Positions as Strategic EU Trade Partner, Eyes $80B Fruit Market

It added: “The uncollected revenue denies Government resources to deliver services.  URA explained that an interim order was issued restraining it from enforcing the statutory instrument.”

Uganda Revenue Authority is seeking an additional Shs167bn to recruit 1,278 new staff to improve the Authority’s efficiency.

In 2024/25, URA has been allocated Shs619.989bn of which, Shs253.495bn will go towards payment of wages, Shs321.174bn for non-wage expenditure, while Shs45.320bn will cover development expenditure.

While appearing before the Finance Committee of Parliament, John Musinguzi, URA Commissioner General, blamed the delayed collection of gold taxes on an interim order issued by the Court, halting the collection of this tax until concerns raised by the gold exporters are disposed of.

“Uganda Revenue Authority is doing a structural review to improve the efficiency of the organisation to add on to the number of foot soldiers required to do this noble mandate to plug some of the revenue leakages and this activity hadn’t happened for quite some long period of time,” Musinguzi told the Finance Committee.

He added: “Our proposal is that this recruitment can be spread over time because it would require about Shs167bn.”

In the next Financial Year 2024/25, URA is expected to collect taxes to the tune of Shs29.958Trn, representing a growth of Shs286bn from the current revenue target of Shs29.672bn, that the tax body is expected to collect this year.

However, this figure is subject to change when the final budget is tabled.

Tags: Auditor GeneralGold ExportsJohn musinguziSoftPowerSoftPower NewsTop Uganda NewsUgandaURA

Recent Stories

PSST Ggoobi Woos UK Investors: Uganda is Resource-Rich and Investment-Ready

Museveni Arrives in Nairobi for Africa We Build Summit 2026

Uganda Positions as Strategic EU Trade Partner, Eyes $80B Fruit Market

Uganda, Rwanda Sign Four Key Agreements to Deepen Cooperation

Museveni Meets AGRA Board Chairperson Desalegn, Calls for Locally Driven Agricultural Solutions

PIMPLUS Steering Committee Inaugurated to Strengthen Public Investment Oversight

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?