Tag Archives: David Bahati

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 The new tax proposals also repealed the daily 200 …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 …

Kampala, Uganda |  THE INDEPENDENT  |  Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. The Ministry of Finance has proposed the fees as part of the revenue measures to fund the 2021/2022 budget. On Tuesday, the State Minister of Finance David Bahati …

Kampala, Uganda |  THE INDEPENDENT |  The Ministry of Finance has proposed a license fee of 200,000 Shillings on all car owners as part of the revenue measures to fund the 2021/2022 budget.  State Minister of Finance David Bahati says that the move is intended to streamline the transport sector …

Government intends to secure finances from the domestic market for the oil pipeline project Kampala, Uganda | THE INDEPENDENT | High hurdles still stand in the way to the Final Investment Decision that will see the country’s first oil come out of the ground for the crude to be transported to …

East African Crude Oil Pipeline (EACOP) project will transport crude oil from the Tilenga and Kingfisher projects in Kabaale, Hoima to the coast port of Tanga in Tanzania Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati has asked Members of Parliament to approve a loan request …

Kampala, Uganda | THE INDEPENDENT |  The Ministry of Finance has revised a loan request first made in 2019 from 445 to 419 billion shillings.  Parliament had authorized the government to borrow up to 445 billion Shillings (101.88 million euros) from the UK Export Finance for the development of solar-powered irrigation …