IKOTE

The 10% import duty & 18% VAT applied to low cost smartphones below 350,000 is keeping entry level phones out of reach for millions of Ugandans

The 0.5% excise duty on the total value of Mobile Money withdrawals, in addition to value added tax on transaction fees, is affecting the growth of these services. Uganda is the ONLY East African country taxing withdrawals this way

The National Development Plan IV digital target to expand internet use to 45% of the population & to increase mobile Money usage to 71% by 2029 is being significantly affected by existing tax measures on mobile money charges & taxes on smart phones

The 2026/27 government tax proposals will further deepen rather than widen the tax base. Should Parliament rubber stamp these executive driven tax proposals, it will burden households, forcing the majority to either buckle under the weight or avoid mobile money services

Mobile Money users lose about sh 6500 in tax for a customer withdrawing sh 1 million. While the same transaction at a bank attracts only about sh 1,500 in tax

Was it their responsibility to take care of you?!

Did you know that the cost of mobile money transactions in Uganda is multiple times higher than bank or ATM charges? Yet the majority of users of this digital service are low income earners of households whose transactions rarely exceed sh 50,000 at any one time

A mobile money customer withdrawing sh 1 million already pays out sh 6500 in taxes alone. Now, the government is proposing a 10% final withholding tax on commissions earned by mobile money agents & telecom service providers

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Thank you Lord! Thank you Holy Spirit !

Despite having very big oil reserves, Nigeria is planning to suspend flights as the price of Jet A1 fuel skyrockets from 900 Naira a litre to 3,000 Naira a liter

Uganda's domestic airlines are set to impose an Industry-wide fuel surcharge from 1st May 2026 as supply disruptions linked to the Middle East conflict push oil prices & drive a sharp rise in operating costs. The surcharge ranging from $25 (sh 92,000) to $50 (sh 184,000)

The sh 200 excise duty on petrol & diesel per litre is being misapplied. Excise duties are typically applied to specific projects to address negative externalities & influence human behavior such as taxing alcohol & cigarettes in a bid to reduce or stop it's consumption

He who finds a wife finds a good things & obtains favour from the Lord - Proverbs 18:22

Fuel supply around the world is already disrupted & prices soaring due to the ongoing war in Iran. The proposal will potentially worsen the situation, heavily impacting the wider economy & driving inflation to levels that are difficult to contain

The tax proposals currently being scrutinized in Parliament look to expand Uganda's tax base while raising additional revenue but the increase to sh 1,750 per litre for petrol to sh 1,430 per litre of diesel, will affect the transport sector & economy

Kalangala WMP dies following an unsuccessful surgery

Fuel is a cross cutting input in transport, agriculture & manufacturing meaning this increase will transmit across the entire economy, raising transport, food & production costs

Though a proposed sh 100 increase was smuggled out of the 2025/26 budget to appease voters during an election year, a steeper sh 200 has now surfaced in the 2026/27 tax measures to ostensibly recover the revenues missed in the election year