Here is the FULL SPEECH – Uganda’s National Budget FY 2016-17 Madam Speaker, in accordance with Article 155(1) of the Constitution of the Republic of Uganda and the Public Finance Management (PFM) Act 2015 as amended; and in exercise of the power delegated to me by H.E the President of …
Read More »Here’s the breakdown of Uganda’s Sh26 trillion budget
LIVE UPDATES from the Uganda Budget speech. BOTTOM, the FULL National Budget Framework Paper. *National Budget Framework Paper (NBFP) FY 2016-17 (Source Parliament Watch) *Report of the committee on Budget on the National Budget Framework Paper (Source Parliament Watch) *Motion on the Budget 2016/17 (Source Parliament Watch) Approved Budget 2015/16 …
Read More »‘We will pay tax, but please be clear, transparent’ CSOs tell URA
Civil Society Organisations (CSOs) have challenged Uganda Revenue Authority (URA) to be fair, clear and transparent to encourage everyone to pay taxes. “It is our responsibility to pay taxes and as citizens we have an obligation of questioning how our money is used. If we have a clear system, then …
Read More »IGG, FIA to work together in fight against corruption
The Inspectorate of Government has signed a Memorandum of Understanding (MOU) with the the Financial Intelligence Authority (FIA) to share financial intelligence information int he fight to eliminate money laundering and corruption in general. The memorandum will enhance the partnership between the two institutions so that they can achieve their …
Read More »MAY: Inflation up to 5.4% from 5.1%
Uganda’s annual headline inflation has increased to 5.4% from 5.1% registered in April 2016. The main driver for the Annual Headline inflation was the annual core inflation which registered at 7% in May as compared to 6.4% recorded last month. However the increase is as a result of a rise …
Read More »Working to eradicate poverty
What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …
Read More »FULL SPEECH: State of the Nation Address 2016
In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni delivers the State of the Nation Address, 2016. The president will mainly give accountability on particular government commitments and to appraise the country of the plans and strategies for the …
Read More »Incubators to the rescue
Currently, Africa has about six agribusiness incubators, two of which are in Uganda At just 27, Sam Turyatunga is the proprietor of Tursam Investments Ltd, the producers of Uhuru branded juices. In 2015, he was producing 15,000 litres of juice and had a turnover of $5,000 (Shs 17 million) per …
Read More »Soda price war?
Pepsi cuts retail prices on plastic bottle by Shs 200 but rivals still reluctant to play ball On May 04, 2016 Crown Beverages, the bottlers of Pepsi Cola products, announced a reduction on their retail price for Mirinda, Mountain Dew, Pepsi Cola, and Evervess Tonic brands. The price reduction of …
Read More »UBER: Local taxi operators brace for entry of hi-tech operator
Uber ready for Kampala Local taxi operators brace themselves for entry of hi-tech cab operator Uber, the US-based mobile app-based taxi service is getting set to open shop in Uganda. The company, which unveiled its services in neighboring Kenya last year, has advertised the positions of operations and logistics manager …
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