President Museveni Orders A refund on the 1% Mobile Money Tax

President Museveni has ordered those who have been taxed 1% on  mobile money transactions to be refunded stating that the law reduced the figure to 0.5%.

“I signed the law with the error because we could not delay the other measures. However, Parliament, when it reconvenes, will be requested to correct it. The ones whose deductions had been made on the basis of 1% should have their money reimbursed,” Museveni wrote while responding to queries raised on his official Facebook page.

However, the president did not clarify how the process will be done. He further explained that the tax is  necessary.

“Mobile money transfers have brought to the surface the big volumes of money that are moving around the country. Each day US$ 52m moves around in the form of mobile money. This is about US$ 19bn a year. Much of this money is by big people; but, of course, some of it is by, economics-wise, small people. Therefore, in an effort to have self-sufficiency in budget, this is a convenient source we should not over- look.”

The government slashed  tax on deposits. Therefore, the 0.5% will apply to other transactions.

 

Museveni Promises 5million salary and Accomodation to Medal winners

Yesterday President Museveni together with the First Lady Janet hosted Uganda’s contingent that returned from the Commonwealth Games in Australia on Thursday, to a luncheon at State House Entebbe.

During his address, Museveni confirmed that he will fulfill his pledges saying; “I made a promise that whoever wins a gold medal at an international or continental competition would get a monthly salary of Shs5 million, a silver Shs3 million and Shs1 million for bronze. The five medalists today will get onto the payroll. I have also been told of some arrears to other athletes, they will be cleared.”

“Likewise, I will build a house for Cheptegei and Chesang who won gold medals, like I have done for previous gold medalist”.

Parliament closes for First Daughter to shoot Museveni liberation Film

The Parliament and selected roads in the city will be closed to allow First Daughter, Natasha Museveni to film 27 Guns movie. In a press statement, the Police has called for calm as some of the scenes will include use of simulated gun sounds.

“We have granted permission to Isaiah 60 Productions a local film production company based in Kampala to shoot a film within some designated areas and roads around Kampala City. These areas include:, Parliamentary Avenue, Said Barre Road, King George II Road, Kimathi Avenue, Sir Apollo Kagwa Road’, the statement read in part.

According to the statement, the shoot will take three days.

“This will take place on the 9th,10th and 11th March 2018 and shall comprise of large movements of people,actors in military attire,simulated gun sounds as film crew and actors shoot the film. Roads around the stipulated areas shall be sealed off by our traffic officers who will be guiding road users about the alternative routes”, the statement read.

27 Guns tells the story of the bush war struggle that ushered President Museveni to power.