Uganda Revenue Authority has ruled out any possible loss of revenue due to the closure of Uganda-Congo border.

Uganda closed borders with Congo over reports that the M23 rebels were taxing traders transiting goods to Congo in order to finance their activities.

The Commissioner for Domestic taxes Moses Kajubi told jorunalists that Uganda does not have a port that handles goods transiting to Congo hence no losses.

He however says that the losses may be incurred in other sectors.