Tag Archives: David Bahati

Kampala, Uganda | THE INDEPENDENT |  The government has secured a supplementary expenditure request worth 695.5 billion Shillings for the current financial year 2020/2021. The expenditure was approved by Parliament last evening, shortly before the tenth parliament closed its business.  A big chunk of the money (481 billion Shillings) is going …

Kampala, Uganda | THE INDEPENDENT |  The tenth parliament officially ended its business last night concluding a journey that started five years ago. But as they walk out, a number of them say that their term of office was a roller-coaster, punctuated with attacks, safety challenges and a virus that almost …

Kampala, Uganda | THE INDEPENDENT | The government has backtracked on its earlier request to Parliament to borrow 1.29 trillion Shillings for the refurbishment of the Kampala-Malaba Meter Gauge Railway Project and presented a fresh loan request of 1.393 trillion Shillings. The new loan request is in the excess of 101.05 Billion …

Kampala, Uganda | THE INDEPENDENT | The Traffic and Road Safety Act (Amendment) Bill 2021, seeking to introduce a license fee for motor vehicle owners payable annually has been rejected by Parliament. The Bill which was presented to Parliament in April by the government failed to meet favour with the Committee on …

Kampala, Uganda | THE INDEPENDENT |  Parliament on Monday approved several new tax measures including an 8 percent levy on fish maw exports, 5 percent levy and 10 percent levy on processed gold and unprocessed minerals respectively. The House also approved a proposal for landlords to file separate returns from each rental …

Kampala, Uganda | THE INDEPENDENT |  Parliament on Monday declined to approve the External Trade (Amendment) Bill, 2021 under which government proposed to levy US Dollars 0.4 per kilogram of exported maize brand, wheat bran, cotton cake and different by-products of the milling industry. The tax proposal was rejected after the …

Kampala, Uganda | THE INDEPENDENT |  The planned parish development model will be implemented with much less funds as the finance ministry agreed to slash over 290 billion shillings from its budget.   The government had intended to spend over 490 billion shillings on the model but it met resistance from members …

Kampala, Uganda | THE INDEPENDENT |  Parliament has passed a 12% tax on internet data.  The tax measure is contained in the Excise duty amendment bill 2021 that among other things has introduced a 100 shillings’ tax on every liter of fuel. The new tax proposals also repealed the daily 200 …

Kampala, Uganda | THE INDEPENDENT | Government has abandoned the proposal to impose a 200,000 shillings license on vehicles and instead introduced a 100 shillings tax per litre of fuel to raise revenue. This was revealed by Finance Minister in charge of planning David Bahati who was appearing before the finance committee …

Kampala, Uganda | THE INDEPENDENT | Uganda’s security budget will increase for the next three years according to the Ministry of Finance. This is already reflected in the 41.3 trillion shillings budget, the government has tabled for the financial year 2021/2022 in which governance and security takes a lion share of 7.7 …