Friday , March 29 2024
Home / Tag Archives: finance (page 5)

Tag Archives: finance

Every MP to get Sh300 million to buy a car

Kampala, Uganda |  THE INDEPENDENT | A pleasant welcome awaits the freshly elected and re-elected members of Uganda’s parliament – all 520 of them. The Minister of Finance Matia Kasaija is hunting for sh165bn to avail Parliament a budget for MPs motor vehicle allowances in the 11th Parliament. Divided by about 520 …

Read More »

IN THE INDEPENDENT: Election budget shoots to sh870bn

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY 2021 election budget: Panic over jump from Shs400bn to Shs870bn THE WEEK Education: Gov’t scraps end of term exams , student projects introduced THE LAST WORD GDP and improved health: How sustained economic growth …

Read More »

Finance Ministry freezes Kabale municipal accounts

Kabale, Uganda | THE INDEPENDENT | Works at Kabale Municipal council have been on a standstill following the freezing of its bank accounts by the Finance ministry. An officer from the Municipal’s Finance department told URN on condition of anonymity that the move followed an error from the finance ministry related …

Read More »

Parliamentary Budget Committee Recommends Capitalization of UDB

  Kampala, Uganda | THE INDEPENDENT | The Parliamentary Budget Committee has recommended for the allocation of money to capitalise Uganda Development Bank-UDB. UDB is a public enterprise wholly owned by the Government. It is a Development Finance Institution that is focused on accelerating socio-economic development through sustainable financial interventions in …

Read More »

Uganda secures Sh1.2 trillion for water and sanitation projects

Kampala, Uganda | THE INDEPENDENT | Uganda has secured a 270 million Euros ( Sh1.2 trillion) loan from the French government to finance two water and sanitation projects in Greater Kampala and parts of south-western Uganda. The financing channeled through the French Development Agency (AFD), is to support access to …

Read More »

US vet cancels project to raise money for border wall

Washington, United States | AFP | An Iraq war veteran canceled his plan to crowdsource $1 billion to help President Donald Trump build a wall on the Mexico border Friday after raising only $20 million and drawing questions about his online activities. Triple-amputee veteran Brian Kolfage launched a GoFundMe account …

Read More »