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Tag Archives: Henry Musasizi

First oil revenue set to enter 2026/2027 Budget

Kampala, Uganda | URN | When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, …

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Minister Musasizi pushes for innovation in insurance sector

Kampala, Uganda | THE INDEPENDENT | Minister of State for General Duties at the Ministry of Finance, Planning and Economic Development, Henry Musasizi, called on industry stakeholders to embrace innovative solutions to grow Uganda’s insurance market during the 2025 Annual Insurance Innovation Awards held recently in Kampala. Musasizi noted that …

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How Uganda’s new tax levies will hit your pocket

Kampala, Uganda | URN | As boda boda riders weave through Kampala’s traffic and households juggle rising food and transport costs across the country, Uganda’s latest tax proposals are sharpening a familiar anxiety: how much more will ordinary citizens pay, and what will they get in return? Government is finalising …

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Uganda seeks AfDB support toward ten-fold growth strategy

Abidjan, Côte d’Ivoire | THE INDEPENDENT | State Minister in Charge of General Duties, Henry Musasizi asked the Africa Development Bank Group (AfDB) to support Uganda’s ten-fold growth strategy. Musasizi is representing Finance Minister, Matia Kasaijja at the 60th Annual Meeting of the African Development Bank and 51st Annual Meeting of …

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Uganda, Netherlands to co-chair global climate group

KAMPALA, UGANDA | THE INDEPENDENT | Uganda and the Netherlands have been elected co-chairs of the Coalition of Finance Ministers for Climate Action, a group of 98 member countries. This came at the ongoing 2025 Spring meetings of the World Bank Group and International Monetary Fund (IMF) in Washington, D.C., …

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Govt tables Shs4.8 Trillion Supplementary Appropriation Bill

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament the Supplementary Appropriation Bill, 2025, aimed at allocating up to Shs4.8 trillion to critical priorities including defence, security and infrastructure. The Minister of State for Finance, Planning, and Economic Development (General Duties), Henry Musasizi, tabled the Bill on behalf …

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MPs raise concerns over Bujagali tax waiver

KAMPALA, UGANDA | THE INDEPENDENT | The Finance Committee of Parliament has raised concerns over the Bujagali Hydropower Project’s tax waiver, exposing alleged financial miscalculations and possible overcharging of Ugandans. Led by Committee Chairperson Amos Kankunda, the legislators questioned the basis for tariff computation and accused authorities of failing to hold …

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Government seeks another tax waiver for Bujagali

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament, the Income Tax (Amendment) Bill, 2025 that seeks to extend the tax exemption to Bujagali Hydro Power Project up to 30 June 2025. The bill presented by State Minister for Finance (General Duties), Henry Musasizi on Tuesday, 04 February 2025 …

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