The Big Story

CHANGE OF PLAN: Govt Withdraws Annual License Measure on Private Vehicles, Introduces UGX100 per Litre of fuel

Fuel payment is among the leading hard cash transactions in the country and a key target in Uganda’s quest to become a cashless economy and this has since seen the Parliament amend the National Payments Act to safeguard consumers from harm that may arise from using e-payments. Courtesy photo

After facing a backlash from Ugandans over plans to introduce an annual license on privately owned vehicles, government has withdrawn the proposal and replaced it with a UGX100 levy on each litre of petrol and diesel. Government has proposed an amendment to the Traffic and Road Safety Act by introducing a section that makes it a crime for anyone who owns a vehicle minus paying annual license fees. Uganda Revenue Authority (URA) was expected to collect about UGX20.5 billion annually but now the amendment to the Traffic and Road Safety Act has been dropped and replaced with an additional amendment…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Tagged:
beylikdüzü escort beylikdüzü escort