Plot 679 Wamala Road, AMFIU House, Najjanankumbi 0414-259176, 0414 677176 amfiu@amfiu.org.ug
AMFIU together with FSD Uganda, organized the Quarterly Microfinance Industry Information Exchange (IIE) Meeting on Friday 12th February 2016. The meeting is jointly sponsored by AMFIU and FSD Uganda, focused on using information technology to improve efficiency and FACTS Uganda (Financial Access Commerce & Trade Services) on a €750 million development finance initiative aimed to provide loans to under-served small businesses (SMEs), primarily in the agricultural sector.
The microfinance industry information exchange meeting for 3rd quarter was held on 7th August 2015 at Metropole Hotel in Kampala and it attracted 120 participants.There were 3 presentations focusing on taxation and Tier 4 regulation. The first presentation was on taxation of MFI/SACCOs and was made by Chillanyang Cyprian, Assistant Commissioner Uganda Revenue Authority. He represented Mr. Moses Kaggwa, the Commissioner Tax policy in the Ministry of Finance. The presentation focused mainly on the taxes that are collected from MFI/SACCOs namely VAT, domestic taxes, income tax, stamp duty & excise duty and the tips for being tax complaint. The second presentation focused on the Impact of Taxation on SACCOs and implications of the President’s pronouncement of exception of SACCOs. It was made by Patrick Sserubula, Manager, Institute Of Cooperatives – UCA.
The National Microfinance Conference 2015 was successfully held on 29th – 30th January 2015 at Hotel Africana, Kampala. In 2012, AMFIU and the Government of Uganda, through the Microfinance department of the Ministry of finance, Planning and Economic Development agreed to jointly host the annual conference every two years, in effect taking it beyond targeting AMFIU members to focusing on all the sector shareholders. This has given the conference a national character and provides an opportunity for all stakeholders to participate in deliberating the national focus. The themes and sub-themes over the last 4 years demonstrate a big commitment, share important topics and events that shape the microfinance industry in Uganda and beyond.
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