Africa’s telecommunication giant, MTN-Uganda has emerged as the biggest tax payers according to the latest ratings by the tax collector, Uganda Revenue Authority. Sources within URA can reveal.
The latest list of Uganda’s largest tax payers obtained from sources within has placed MTN Uganda on top with a whooping Shs682.4 billion for financial year 2018/2019. Airtel Uganda came second with Shs535.9 billion while fuel giants Vivo Energy came inthe third place with Shs398.9 billion.
In the fourth place is Nile Breweries Limited on fourth with She394.8 billion closely followed by Bank of Uganda in fifth position with Shs390.4 billion.
Nile Breweries competitor, Uganda Breweries Limited had Shs308.4 billion and Total Uganda Shs300.6 billion.
Also on the list are Umeme Limited, Tororo Cement, Kakira Sugar Limited and Bidco Uganda limited topping up the top 11 tax payers list.
Others include Crown Beverages, Nile Energy, Century Bottling company and Centenary Development Bank Limited. MTN has maintained its lead for several years.