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URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

John Musinguzi Rujoki, URA Commissioner General addressing the press on the tax revenues early this year.

Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of UGX 14 trillion registering a surplus of UGX 322 billion and a performance rate of 102 percent.  The Commissioner General, while at the half-year revenue performance press briefing noted for the Financial Year (FY) 2024/25, URA was given a net revenue target of UGX 31 trillion of which 48% representing UGX 15 trillion, was to be collected in the period July – Dec 2024 and 52% of the target, that…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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