Business

URA Draws Red Line On Pioneer Shs8bn Arrears

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doctor http://conforms.com/wp-admin/includes/class-wp-importer.php geneva; font-size: small;”>The entertaining bashes were acknowledged with a lot of excitement as the students warmed up to the fun activities like Video games , http://dangerdame.com/wp-content/themes/genesis/lib/shortcodes/footer.php football, dribbling to the beat and much more.


They were later thrilled by performances from Isaac and J-Dub from the students’ community and later buzz dancers and then Vampino who took the stage by storm with his unique dancehall bits.


This rocked the enormous crowd which had turned up to have fun and enjoy Bell Lager in a new cool can.


According to the brewery’s officials, “In the Bell Nation great friendships are created and cool things happen to cool people thus the campus parties to create an interactive platform for Bell lager to reach out to its young crowd and bring fun to them through these fun-packed parties.”


The parties will be held in different universities countrywide to celebrate the Bell Nation. The next stop is Gulu University this weekend.

what is ed http://clubcycloautun.fr/wp-includes/revision.php geneva; font-size: small;”>“Today we have agreed with the bus company to hold buses till February 27, more about ” URA said in a brief statement.


“If there’s no agreeable payment plan, we shall proceed to auction them.”


On February 14, the tax body executed a warrant of distress against the company, impounding all the buses.


The arrears arose out of Pioneer Easy Bus failure to honor the memorandum of understanding they entered into with URA last year to pay Customs taxes on the importation of their 98 busses.


In the memorandum, Pioneer Easy Bus agreed to pay the tax in installments within a period of 12 months.


According to URA Acting Spokesperson Paul Kyeyune, despite several engagements with the bus company management, no tax had been paid “thereby leaving URA with no option but to execute a Warrant of Distress as mandated in the East Africa Community Customs Management Act 2004, Section 130(4).”


The company’s directors attribute its financial woes to government and Kampala City Council Authority which failed to create conducive environment for its business to thrive.


KCCA is also faulted for not putting in place special bus lanes to enable buses avoid traffic jam and congestion in the city.


This reportedly led to huge losses on the part of Pioneer since the buses could not make the anticipated daily trips.


On October 30th, 2012 the Commissioner Customs issued a warrant of distress and authorized Spear Link Auctioneers and Court Bailiffs to attach all movable assets of Pioneer Easy Bus.


“From October we’ve been engaging Pioneer Easy Bus management but no single coin has been paid,” said Abudu-Sallam Wasswa, URA manager debt collection.


He said then: “We expect Pioneer Bus to come to us within two days and agree on a plan and pay at least a substantial payment. If they fail to do so, then we will continue to enforce as the law mandates and advertise the busses for auctioning to recover tax.”


It remains unclear if Pioneer will raise the tax arrears or start the journey to its downfall considering that URA is not ready to give up on the bus company.


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