Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
SUBSCRIBE
Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
Uganda Mirror
No Result
View All Result
Home Business

MTN Uganda Honoured as Top Taxpayer, Remits UGX 2.47 Trillion in Three Years

Davis by Davis
2025/11/25
in Business, Business, News
Reading Time: 2 mins read
0
MTN Uganda Honoured as Top Taxpayer, Remits UGX 2.47 Trillion in Three Years
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

MTN Uganda was on Friday recognised among the country’s top taxpayers, receiving the Uganda Revenue Authority’s Highest Revenue Contribution Excel Award for remitting UGX 2.47 trillion in taxes over the past three financial years (FY2022/23–2024/25).

You might also like

Besigye Trial: Defence Objects to Evidence as Shs59m Audio Transcription Deal Emerges

Former Busiro South MP Matovu Dies After Sudden Health Complication

MTN Launches Teachers’ Resource Centre to Boost Digital Learning

The award, presented during URA’s Annual Thanksgiving Day at the authority’s Kampala headquarters, underscores the telecommunications company’s strategic importance to Uganda’s revenue generation efforts as the nation pursues ambitious economic expansion targets.

It is also important to note that for the current financial year (FY 2025/26), URA indicated that MTN Uganda continues to post monthly growth across key tax heads, reinforcing its record of consistency and reliability.

MTN Uganda Chief Executive Officer, Sylvia Mulinge, said the recognition affirms MTN’s role as a dependable partner in national development. 

“This recognition from URA speaks to our consistency and our commitment to Uganda’s progress,” she said, pledging continued support for the country’s 10x growth vision aimed at achieving upper middle-income status by 2040.

Mulinge highlighted the urgency of strengthening domestic revenue streams, noting Uganda’s 14% tax-to-GDP ratio remains a constraint on development financing.

 “We are proud to be doing our part in developing Uganda as we become a country that is able to fund its growth from our own domestic resources, she said.

Uganda’s revenue performance has shown marked improvement. The URA Commissioner General, John Musinguzi Rujoki revealed that collections totaled UGX 31.6 trillion last financial year against a target of UGX 31.3 trillion, representing 16.8% growth.

Over five years, the authority has recorded consistent double-digit expansion of approximately 13% annually, nearly doubling intake from UGX 16 trillion.

Despite these advances, Rujoki acknowledged that current revenues meet only half of Uganda’s budgetary requirements, hampering full financing of infrastructure, education, healthcare and other development imperatives. 

He emphasized that integrity and ethical conduct remain essential to sustaining revenue growth and supporting the nation’s broader transformation agenda.

MTN Uganda’s tax remittance constitutes a substantial portion of national collections, demonstrating the outsized impact of major corporate taxpayers on development financing. The company’s contribution extends beyond fiscal compliance to encompass digital inclusion initiatives, technological innovation and job creation that drive broader economic empowerment.

“Thank you to URA, the Ministry of Finance, Planning and Economic Development and all our stakeholders for this recognition. You can continue to count on us as we develop Uganda together,” Mulinge said.

As Uganda navigates the challenge of financing critical infrastructure and social programs, strategic alliances with leading taxpayers like MTN Uganda have become instrumental to achieving fiscal sustainability and long-term economic independence.

Tags: FeaturedMTN UgandaNewsugandaURA
Share30Tweet19
Previous Post

MTN MoMo Rewards First Winners in The “Power to Be Borderless” Campaign

Next Post

Nyege Nyege at 10: A Decade of Rhythm, Culture, And Community in Uganda

Recommended For You

Besigye Trial: Defence Objects to Evidence as Shs59m Audio Transcription Deal Emerges

by Uganda Radio Network
October 23, 2026
0
Besigye Trial: Defence Objects to Evidence as Shs59m Audio Transcription Deal Emerges

Makerere University was paid Shs 59.32 million to transcribe more than 24 hours of audio recordings allegedly linked to meetings involving jailed opposition politician Dr Kizza Besigye, a...

Read moreDetails

Former Busiro South MP Matovu Dies After Sudden Health Complication

by admin
October 23, 2026
0
Former Busiro South MP Matovu Dies After Sudden Health Complication

Former Busiro South Member of Parliament Charles Matovu has died aged 41, sparking an outpouring of grief among leaders and supporters of the opposition National Unity Platform (NUP),...

Read moreDetails

MTN Launches Teachers’ Resource Centre to Boost Digital Learning

by Daniel Tumwebaze
October 23, 2026
0
MTN Launches Teachers’ Resource Centre to Boost Digital Learning

MTN Uganda, through the MTN Foundation, has launched the MTN Teachers’ Resource Centre to strengthen digital skills among educators and improve learning, extending its investment in education beyond...

Read moreDetails

Museveni Defends 10-Year Tax Holiday as European Investors Target Uganda

by Ritah Kengonzi
October 23, 2026
0
Museveni Defends 10-Year Tax Holiday as European Investors Target Uganda

President Yoweri Kaguta Museveni has defended Uganda’s 10-year tax holiday for eligible manufacturers, saying the incentive is designed to attract investment, boost local production and create jobs rather...

Read moreDetails

MTN Uganda Launches Starlink For Business, Bringing Connectivity to Hard-to-Reach Locations

by Davis
October 23, 2026
0
MTN Uganda Launches Starlink For Business, Bringing Connectivity to Hard-to-Reach Locations

MTN Uganda has launched MTN Starlink for Business, expanding the connectivity options available to businesses and institutions operating in remote, underserved and hard-to-reach locations across Uganda. The launch...

Read moreDetails
Next Post
Nyege Nyege at 10: A Decade of Rhythm, Culture, And Community in Uganda

Nyege Nyege at 10: A Decade of Rhythm, Culture, And Community in Uganda

Related News

Former Busiro South MP Matovu Dies After Sudden Health Complication

Former Busiro South MP Matovu Dies After Sudden Health Complication

1 day ago
MTN Grand Tee of Tees ’26 to Bring 22 Companies Together For Sporting Showdown

MTN Grand Tee of Tees ’26 to Bring 22 Companies Together For Sporting Showdown

1 day ago
MTN Launches Teachers’ Resource Centre to Boost Digital Learning

MTN Launches Teachers’ Resource Centre to Boost Digital Learning

1 day ago
Museveni Defends 10-Year Tax Holiday as European Investors Target Uganda

Museveni Defends 10-Year Tax Holiday as European Investors Target Uganda

2 days ago
MTN Uganda Launches Starlink For Business, Bringing Connectivity to Hard-to-Reach Locations

MTN Uganda Launches Starlink For Business, Bringing Connectivity to Hard-to-Reach Locations

2 days ago
Court of Appeal Slashes MTN Uganda’s Shs2.3 Billion Damages In Ezee Money Legal Battle

Court of Appeal Slashes MTN Uganda’s Shs2.3 Billion Damages In Ezee Money Legal Battle

2 days ago

Popular Stories

  • MOSES MATOVU: The Sexual ‘Sweetness’ That Triggered Killing Of Afrigo Band Legend

    MOSES MATOVU: The Sexual ‘Sweetness’ That Triggered Killing Of Afrigo Band Legend

    114 shares
    Share 46 Tweet 29
  • Kyambogo University Student Found Dead In Banda Hostel

    95 shares
    Share 38 Tweet 24
  • UPDF Brands Deserter’s Criminal Claims ‘Unsubstantiated Rubbish,’ Vows Military Justice

    93 shares
    Share 37 Tweet 23
  • NANSANA FIRE HORROR: Landlord Locks Self & Tenants Inside House, Sets It  Blaze Amid Loan Pressure Claims

    93 shares
    Share 37 Tweet 23
  • Uganda Takes Coffee Transformation Pitch To Global Traders At Swiss Coffee Forum

    91 shares
    Share 36 Tweet 23
  • INTERNET ON FIRE: Chameleone’s Son Abba Marcus Sex Tape With Girlfriend Angel Leaks

    635 shares
    Share 254 Tweet 159
  • KCCA Demolishes Haruna Ssentongo’s Tower Over Road Reserve Breach

    89 shares
    Share 36 Tweet 22
Facebook Twitter Instagram Youtube
Uganda Mirror

Uganda's leading source News in categories of Politics Gossip Crime Sports Business Technology & Education

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsREJECT ALLACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?