Business

URA Speaks Out as Good African Coffee is Reopened

The Uganda Revenue Authority (URA) has reopened coffee roasting and packaging company, about it Good African Coffee, Chimp Corps report.

The company which is owned by renowned entrepreneur, Andrew Rugasira was Monday April 24th closed over unpaid taxes amounting to Shs1.2 billion.

URA Corporate Affairs boss Vincent Seruma told ChimpReports on Monday that the arrears had been outstanding for a period of three years hence the closure.

The coffee factory in Ntinda and their cafeteria located in Lugogo had been sealed off.

He however said that they (Good African Coffee) would be reopened once they cleared their tax arrears.

Speaking to ChimpReports on Thursday afternoon, Rugasira said that the factory and cafeteria had been reopened and business had resumed.

He further posted on his twitter account, calling upon his customers and partners to “Forget the former things and don’t dwell on the past.”

The development was also confirmed by URA Manager for Debt Collection, Stanley Kabyemera who said Rugasira had signed a memorandum of understanding with the Authority.

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“We signed an MoU where he will pay his arrears in monthly instalments of Shs 63million,” Kabyemera told ChimpReports.

Good African Coffee was the first roasting and packaging company in Africa to export directly to the UK market.

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