Tag Archives: Bahati

  Kampala, Uganda | THE INDEPENDENT |  Members of Parliament on the Finance Committee have rejected a request of sh250 billion by the Uganda Investment Authority (UIA) to purchase 446 acres of land in Namanve. The land is intended to help expand the Kampala Industrial Business Park. Led by the …

  Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance for Planning, David Bahati has asked pastors to support the draft Faith-Based Organization policy because it is aimed at creating a better working relationship between the government and church. FBO’s policy, a legal framework designed to monitor and …

      Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance (Planning) David Bahati has revealed that government is set to introduce a bill that will regulate digital currencies and pyramid schemes. “In October, Cabinet approved the National Payment System Bill. We intend to bring it …

Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance, David Bahati has urged Ugandans to celebrate the visit of American rapper, Kanye West and his wife, Kim Kardashian. Kanye West is currently camped at Chobe Safari Lodge in Murchison Falls National Park where he has been recording a new …

Kampala, Uganda  | THE INDEPENDENT | The Minister of State for Planning David Bahati has confirmed several radical tax proposals and amendments to the Income tax Bills, including increase excise duty on diesel and petrol by Sh100 for a litre  to generate Sh196.4 billion. Another key new tax proposal is …

World Bank upbeat about economy | Says Public Private Partnerships on large projects could spur economy Kampala, Uganda | IAN KATUSIIME | The Uganda economy could grow at a rate of 5.2% during the current Financial Year 2017/18, according to the latest World Bank update released on July 25. That …

THIS WEEK: Districts with poor planning to miss funding Minister of State for Planning David Bahati has issued a stern warning to districts and municipalities saying those without approved plans by August will not get budget funding. Bahati revealed that only 30 districts out of 157, have approved plans. 105 …

  Budget provided biggest share of Sh4.6 trillion to the works and transport sector representing 21%. The Sh29 trillion national budget approved by Uganda’s Parliament on Wednesday provides its biggest share to the works and transport sector  with an allocation of sh4.6 trillion representing 21%. While presenting the financial year …

Tax waiver on brown rice is meant to reduce its price from Shs 4,500 to Shs 3,000 per kilogramme The good news for rice consumers in Uganda is that if the Ministry of Finance, Planning and Economic Development sticks to its guns to have unprocessed rice commonly known as “brown …

Government is taking steps in ministries and departments intended to reduce and solve the problem of increasing domestic arrears, the Minister of State for Finance David Bahati has said. One of the steps, the minister said was instituting prepaid systems for utilities. “The biggest part of domestic arrears is on …