Kampala, Uganda | THE INDEPENDENT | Michael Maranga Mawanda the Igara County East MP has been granted leave of Parliament to introduce the Bank of Uganda Amendment Bill 2019. The bill seeks to separate the fusion between the Bank of Uganda (BoU) management from the board of directors. It seeks …
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Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions, Statutory Authorities and State Enterprises-COSASE, has summoned the Central Bank Governor, Prof. Emmanuel Tumusiime Mutebile. Mutebile is supposed to respond to petitions related to closure of commercial banks next week on Thursday. The Constitution gives Parliamentary committees’ quasi powers of …
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Kampala, Uganda | THE INDEPENDENT | Parliament has asked the Criminal Investigations Department (CID) to investigate the whereabouts of the seal of the Departed Asians Property Custodian Board. This follows a dispute between the Finance Minister Matia Kasaija, and former Custodian Board Secretary Bernard Tumwesigire, who presented a custodian board …
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Kampala, Uganda | THE INDEPENDENT | Despite resuming the review of the audited accounts of Uganda Revenue Authority-URA on Thursday, the Committee on Commissions, Statutory Authorities and State Enterprises-COSASE still has a huge task ahead. The Committee has to review the URA audited accounts for the 2013/2014, 2014/2015, 2015/2016, 2016/2017 and …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has directed the Committee on Commissions, Statutory Authorities and State Enterprises – COSASE to conduct proceedings on issues that were not concluded as pertains matters on the closure of seven commercial banks by Bank of Uganda. The seven …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has directed the Committee on Commissions, Statutory Authorities and State Enterprises – COSASE to conduct proceedings on issues that were not concluded as pertains matters on the closure of seven commercial banks by Bank of Uganda. The seven banks …
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Kampala, Uganda | THE INDEPENDENT | A proposal is in the offing to amend the Bank of Uganda (BoU) act to separate the bank management from the board of directors. The Igara East County Member of Parliament, Michael Mawanda who intends to table the proposal in a private member’s bill, …
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Kampala, Uganda | THE INDEPENDENT | The Uganda National Roads Authority- UNRA Executive Director, Allen Kagina has been tasked to explain why the body spent 430 billion shillings on contingent liabilities in 2017/2018 financial year. The Committee on Commissions, Statutory Authorities and State Enterprises-COSASE highlighted the audit query among the …
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Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions, Statutory Authorities and State Enterprises-COSASE chairperson, Mubarak Munyagwa has formed a subcommittee to investigate fraudulent acquisition of departed Asians’ property. In 1983, the Departed Asians’ Property Custodian Board was put in charge of between 9,000 to 10,000 properties of Asians …
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Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has written to the Criminal Investigations Directorate (CID) over documents for the Equal Opportunities Commission. The committee made the decision after officials from Equal Opportunities Commission failed to produce payment records for about 3 …
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The Independent Uganda: You get the Truth we Pay the Price