• Latest
PSFU, UMA Ask Gov’t to Harmonize Cost of Digital Tracking Solutions

PSFU, UMA Ask Gov’t to Harmonize Cost of Digital Tracking Solutions

1 year ago
Sustainable Finance Curriculum Launched to Green Uganda’s Banking Sector

Sustainable Finance Curriculum Launched to Green Uganda’s Banking Sector

8 hours ago
Suluhu Vows Zero Tolerance for Peace Saboteurs

Suluhu Vows Zero Tolerance for Peace Saboteurs

8 hours ago
Soroti Gives Museveni Hero’s Welcome, Pledges 2026 Unity

Soroti Gives Museveni Hero’s Welcome, Pledges 2026 Unity

18 hours ago
Museveni Unveils Nationwide Fish Farming Programme to Restore Wetlands

Museveni Unveils Nationwide Fish Farming Programme to Restore Wetlands

18 hours ago
Uganda’s Digital Economy to Hit Shs14.6T, Connect 4 Million Citizens by 2030 – GSMA Report

Uganda’s Digital Economy to Hit Shs14.6T, Connect 4 Million Citizens by 2030 – GSMA Report

2 days ago
Museveni Congratulates Tanzania’s Samia Suluhu on Re-election

Museveni Congratulates Tanzania’s Samia Suluhu on Re-election

2 days ago
SoftPower News
Wednesday, November 5, 2025
  • 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

PSFU, UMA Ask Gov’t to Harmonize Cost of Digital Tracking Solutions

by Muhamadi Byemboijana
October 30, 2024
PSFU, UMA Ask Gov’t to Harmonize Cost of Digital Tracking Solutions
27
VIEWS

The Private Sector Foundation of Uganda (PSFU) and Uganda Manufacturers Association (UMA) have asked the government to harmonize the costs of Digital Tracking Solutions, also known as Digital Tax Stamps (DTS) with its East African Community counterparts to ensure fair competition.

They said this during an interface with MPs on the Parliamentary Committee on Finance on October 30, 2024.

Related Stories

Sustainable Finance Curriculum Launched to Green Uganda’s Banking Sector

Suluhu Vows Zero Tolerance for Peace Saboteurs

Soroti Gives Museveni Hero’s Welcome, Pledges 2026 Unity

According to Dr. Julius Byaruhanga, the Director of Policy and Business Development at PSFU on average, Uganda’s stamp prices are 38% higher than those in similar regions such as Kenya and Tanzania where prices are 40% and 35% higher respectively, yet they have a similar supplier SICPA Uganda.

“Members of the manufacturing sector have consistently expressed their support for the Government efforts in implementing DTS. However, it is evident that the current fees associated with DTS are excessively high, leading to elevated operational costs for the sector,” he stated.

He noted that the high DTS charges are likely to make the final price of goods and services expensive, leading to an increase in illicit trade because Uganda is a price-sensitive market.

“Our market is highly price sensitive. If you visit any small local bar, you will find that 95% of the alcoholic drinks can’t be traced; they aren’t tax compliance and don’t have labels of alcoholic content.”

Allan Ssenyondwa, the Director of Advocacy at the Uganda Manufacturers Association (UMA) said that having different DTS rates in the EAC common market has created competitiveness challenges.

“Can we try and either harmonise across the region or reduce the cost so that the entire region has similar prices? It’s better that way because we are in one common market.”

On what can be done to bring down the cost of DTS, Ssenyondwa said the Government should bring on board companies that offer similar solutions at cheaper prices.

“Can we revise the way these solutions work to reduce the challenge of illicit trade and manufacturing? How can we increase industries to be more productive; these issues of DTS albeit they are good, you should make them cheap so that the rest of the country can invest in the manufacturing sector.”

In Uganda, the use of DTS was rolled out in the Financial Year 2019/20 following the launch of the Domestic Revenue Mobilization Strategy by the Finance Ministry. DTS was also aimed at addressing revenue leakages.

The Chairman of the Parliament Finance Committee, Amos Kankunda while responding to officials from PSFU and UMA, said that the committee will look at the issues raised and discuss them with the Government to ensure more productivity of the manufacturers.

Tags: NewsPSFUSoft PowerSoft Power NewsSoftPowerTop NewsTop News UgandaTop Uganda NewsUgandauma

Recent Stories

Sustainable Finance Curriculum Launched to Green Uganda’s Banking Sector

Suluhu Vows Zero Tolerance for Peace Saboteurs

Soroti Gives Museveni Hero’s Welcome, Pledges 2026 Unity

Museveni Unveils Nationwide Fish Farming Programme to Restore Wetlands

Uganda’s Digital Economy to Hit Shs14.6T, Connect 4 Million Citizens by 2030 – GSMA Report

Museveni Congratulates Tanzania’s Samia Suluhu on Re-election

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?