Home Boxing Bombers URA Exempts Bombers From Taxes After Succeess at Africa Boxing Championship

URA Exempts Bombers From Taxes After Succeess at Africa Boxing Championship

by Ivan Kaye
1 minutes read

Uganda Bombers were huge victors at the 2023 African Elite Men’s and Women’s Boxing Championships in Yaounde, Cameroon.

Seven members of the Uganda Boxing national team, the Bombers walked home with medals at the continental showpiece, and that came with a bit of cash prizes.

However, in a positive development, the country’s taxing body, Uganda Revenue Authority, has announced they won’t tax the money minted in Cameroon.

Plascon

 

“Congratulations to the Uganda Bombers upon this milestone. Soon enough, you’ll bring more!,” URA started on their social media platforms.

“The fighters can enjoy their winnings earned in international duty for Uganda tax free. We hope to see more young people embrace the sweet science”.

In Cameroon, lightweight boxer Wasswa Ssali Amir alias Black skin clinched silver after defeat to South Africa’s Sogwayi Sanele in the final on Saturday, but pocketed $10,000 (about Shs 37m).

Light Welterweight female boxer Erina Namutebi, who won silver following her defeat to Algeria’s Chahib Hichrak in the women’s final bout, pocketed 36 million Uganda shillings.

The bronze medalists included welterweight boxer Ukasha Matovu, Ronald Okello (lightweight), Solomon Geko (heavyweight), Grace Nankinga and Lady’s captain Emily Nakalema.

Each of the quintet smiled home to $5,000, which is an equivalent of close to 18 million Uganda shillings.

On the other hand, quarterfinalists Muzamir Ssemuddu, James Baraka, Lawrence Kayiwa and Sharua Ndagire scooped $1,250 (about Shs 4.5 million).

None of the eleven boxers in the cash bracket will have a coin chopped off them by URA, a hugely welcome move.

Courtesy Photos

You may also like

1 comment

Seguya Vicent November 30, -0001 - 12:00 AM

thanks goes to URA,thank you the government,that’s what you are supposed to do for all sports fraternities,you can’t fail to sponsor sports and again tax them like f…..

Reply

Leave a Comment