Kampala, Uganda | THE INDEPENDENT | Government in the month of November registered a revenue shortfall of 52.18 billion Shillings against its target for the month. This is highlighted in the Ministry of Finance monthly report on the performance of the economy released on Monday. Government through the Uganda Revenue Authority-URA …
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Islamabad, Pakistan | Xinhua | The Organization of Islamic Cooperation (OIC) has decided to establish a humanitarian trust fund, launch a food security program, and facilitate to unlock financial and banking channels for Afghanistan to help the Afghan people facing looming humanitarian crisis, Pakistani Foreign Minister Shah Mahmood Qureshi said on Sunday. …
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Kampala, Uganda | THE INDEPENDENT | While labour externalization is on an increase in Uganda, experts have pointed out that the country lacks a return policy that supports them to be able to sustain themselves in the economy when they return home. Agnes Igoye, the Deputy National Coordinator, Prevention of Trafficking in …
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Kampala, Uganda | THE INDEPENDENT | There have been many concerns about getting people to recover from the mental stress caused by COVID-19 lockdowns as many authorities move to reopen their countries fully. However, other countries have reinstated some restrictions to battle new variants like Omicron, which according to some experts …
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Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank Limited is fronting sustainability as a strategy to enhance business operations and secure opportunities for the future generation, according to Samuel Edem – Maitum, the bank’s director of credit. Edem was speaking to journalists in Kampala attending the 2021 World Development Finance …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has joined the Uganda Development Bank in supporting climate-friendly economic development through the financial sector. The Central bank is now developing guidelines that will help other financial institutions go beyond their own administrative environment-related policies, to ensure that the services they …
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Kampala, Uganda | THE INDEPENDENT | The Ugandan government loses 20 trillion Shillings every year through corruption, according to a survey conducted by the Inspectorate of Government. The Deputy Inspector General of Government (IGG) Anne Muheirwe Twinomugisha, says that the inspectorate, together with the German Society for International Co-operation, conducted a …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have tasked government to come up with a comprehensive plan on industrialisation for the country. The followed presentatation of a ministerial policy statement by the Minister of State for Trade, David Bahati, on the commemoration of the Africa industrialisation Day and other matters …
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Kampala, Uganda | THE INDEPENDENT | Parliament has passed a supplementary budget of 3.81 trillion Shillings, mostly for stimulating the economy hit by COVID-19 and security-related interventions. Of this, at least 1.3 trillion Shillings was already spent within the 3 per cent legal limit which the government can spend and seek …
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Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among has asked the Minister of Energy and Mineral Development to present a statement on Wednesday next week regarding the rising fuel prices. The pump price for petrol has in the last few weeks been increasing and is currently …
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The Independent Uganda: You get the Truth we Pay the Price
