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Tag Archives: finance

Institute of Accountants to hold first PFA meet

Kampala, Uganda  | THE INDEPENDENT l The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the inaugural Public Finance Management (PFM) Conference from 18 – 20 April 2023 at the Imperial Resort Beach Hotel, Entebbe. The conference will be both physical and online. It targets accounting officers, policymakers, planners, …

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UDB launches shs50bn climate finance facility

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB) on March 04, launched an shs50 billion climate finance facility, a fund that will make available finance to promote a green economy. The shs50 billion committed by UDB towards capitalization of the facility will go towards the financing of investments in …

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Supplementary budget request deferred after stalemate

Kampala, Uganda | THE INDEPENDENT |  Deputy Speaker, Thomas Tayebwa, has deferred decision making on the Supplementary Expenditure Schedule 1 of Financial Year 2021/22, following a deadlock. The Opposition vehemently rejected the Shs2.59 trillion supplementary expenditure, with Shadow Finance Minister Muhammad Kivumbi terming it an attempt by the Ministry of …

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Climate finance for the developing world

A smarter international strategy is crucial for driving greater investment toward clean-energy projects COMMENT | Sumant Sinha | Recent estimates suggest that the developing world will need $1 trillion of external climate finance annually by 2025, and $2.4 trillion per year by 2030, to meet the goals enshrined in the Paris climate …

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