The Uganda Revenue Authority (URA) would have netted more than Ush200 billion (about Sh5.46 billion) from the cigarette trade alone but only got Ush74 billion (Sh2 billion) due to a surge in cigarette smuggling last year.
In a media briefing yesterday in Kampala, Mr Vincent Seruma, the URA assistant commissioner public and corporate affairs, said illicit importation of cigarettes occasions serious revenue losses to the exchequer.
