Summary:
- The Omodo-Akoboi cattle market, opened on January 22, 2025, is expected to boost revenue collection in the district. Regular revenue collection is set to commence on January 27, 2025, under the supervision of Akoboi sub-county authorities.
KATAKWI: The business community in Katakwi district has been urged to adhere to tax regulations to foster local development. The call was made by the district Chief Finance Officer (CFO), Moses Oonyu, during the commissioning of the newly opened Omodo-Akoboi cattle market on Wednesday.
The appeal followed requests by Paul Imalingat, LC of Omodo village, and Martine Okanya, Chairperson of the Katakwi District Cattle Traders, to extend the one-month grace period granted to businesses to familiarize themselves with the market.
However, Oonyu stressed that reluctance to pay taxes hinders development. He highlighted that locally collected revenue significantly contributes to progress, noting that 65% of the revenue generated in sub-counties remains at the sub-county level, with the rest supporting district and central government initiatives. He reminded the business community of their tax obligations and announced plans to enforce compliance.
Geoffrey Omolo, LC5 Chairperson of Katakwi district, echoed the importance of tax compliance, emphasizing its role in driving growth for the district and the community at large. He cautioned against dishonest revenue collection practices and urged adherence to proper procedures, particularly in new markets.
Emmanuel Olaro, the Deputy Chief Administrative Officer, encouraged consistent tax payment but called on sub-county authorities to use taxpayer money transparently. He advised them to demonstrate tangible investments in social services to build public trust and encourage continued compliance.
The Omodo-Akoboi cattle market, opened on January 22, 2025, is expected to boost revenue collection in the district. Regular revenue collection is set to commence on January 27, 2025, under the supervision of Akoboi sub-county authorities.
