Tag Archives: financial year

Kampala, Uganda | URN | The Bank of Uganda recorded a surplus of 1.32 trillion in the financial year 2025/26, representing a 100 per cent increase from the previous year, while boasting lower than forecast expenditure figures. ‎ ‎These results reflected budget discipline, ‎prudent expenditure management, and responsible deployment of …

Although the Inspector General of Police, Abas Byakagaba, officially launched the implementation of sub-county policing six weeks ago, many challenges have already been witnessed, including leaving greater Kampala, which is a crime-prone area with only half of the 13,000 personnel it has been having. Kampala, Uganda | THE INDEPENDENT | …

Priority on human development, security, energy, transport COVER STORY | ISAAC KHISA | Finance Minister, Matia Kasaija, on June 15 hit several optimistic notes for next Financial Year when announcing a Shs52.7 trillion budget. That is a 10% jump from the Shs48 trillion last financial year and the biggest rise in …

Soroti, Uganda | THE INDEPENDENT | Soroti district has presented a budget of UGX. 29.3 billion for the financial year 2023/2024. The new budget estimates are less than the current financial year budget of UGX. 30.1 billion. In the proposed budget estimates for the next financial year, central government is expected …

Kampala, Uganda | THE INDEPENDENT | Users of mobile phones will effective Thursday, July 1, have to pay a 12 per cent Excise Duty on the value of data, airtime and other value-added services they use, each time they top up. The tax which has until now been charged at 20 …

Mbarara, Uganda | THE INDEPENDENT |  Mbarara district local government has recorded a shortfall in local revenue collection for the financial year 2020/2021 ending June. According to a presentation by the Secretary of Finance and budgeting Basil Bataringaya, there was a shortfall of 400 million shillings out of the expected 1 …

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 …

Kitgum, Uganda | THE INDEPENDENT |  Kitgum District Local Government has increased its 2021/2022 Financial year budget by 1.1 percent, up from the previous 2020/2021 Financial year budget. The District Council on Monday approved a draft budget of 36.3 billion Shillings, an increment of shillings 2.9 billion from shillings 33.3 Billion …

Kasese, Uganda | THE INDEPENDENT |  The Kasese Municipality Council has unanimously agreed to reduce the councillors’ emoluments for the financial year 2021/2022. The council also resolved to cut down on the emoluments of the council’s speaker, the mayor and their deputies.  Kasese municipal council will have more than 40 councillors …

Gulu, Uganda |  THE INDEPENDENT |  Gulu District Local Government has approved a 39.2 billion Shillings’ budget for the 2020/2021 Financial Year. The budget recorded a shortfall of 2.3 billion from the 42.3 billion Shillings passed in the ending financial year. The District is expected to raise 23.9 billion Shillings (60 per cent) …