Tag Archives: Henry Musasizi

Kampala, Uganda | THE INDEPENDENT |  Parliament’s Finance Committee has tasked officials from Uganda Development Bank (UDB) to account for the 455 Billion Shillings which was appropriated to mitigate Covid-19 effects on businesses. This was during a meeting between UDB officials led by the Deputy Executive Director, Denis Ochieng and MPs. …

Kampala, Uganda | THE INDEPENDENT | The Central Bank does not need recapitalization in the 2021/2022 financial year according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of parliament on Wednesday. He was appearing on the request of the committee to clarify on the Shillings …

Kampala, Uganda | THE INDEPENDENT | Henry Musasizi, the chairperson of Finance Committee of Parliament is suspicious that the government could be siphoning funds meant for the recapitalization of the Central Bank. He disclosed his suspicions during a meeting between legislators on the Budget committee, officials from the Ministry of Finance …

Rubanda, Uganda |  THE INDEPENDENT | The National Resistance Movement (NRM) party leaders in Rubanda district on Tuesday evening clashed over facilitation cash towards boosting the party’s support and strength. The NRM party released  60 billion Shillings on December 21, to enable flag bearers canvas support for him ahead of the …

Kampala, Uganda | THE INDEPENDENT | National Resistance Movement-NRM officials in Rubanda district have clashed over attempts to compel them to support to Henry Ariganyira Musasizi, Rubanda County East parliamentary candidate. The officials clashed at a meeting convened at Bubaare sub-county primary school playground in Rubanda district on Friday by Musasizi …

Kampala, Uganda |  THE INDEPENDENT |  Parliament has rejected President Yoweri Museveni’s proposal to tax businesses declaring losses in the current financial year 2020/2021. This is now the fourth consecutive time that the government’s proposal is suffering defeat.  The decision was taken during a debate on Tuesday, in which MPs reconsidered …

Rubanda, Uganda |  THE INDEPENDENT |  A village chairman in Rubanda District is on the run after stabbing the defence secretary. Deus Bonane, the Hamurara village Local Council One Chairman in Bubaare sub-county, Rubanda district reportedly stabbed the defence secretary Moses Tumusiime during a fight on Sunday night.  Tumusiime, who …

Rubanda, Uganda |  THE INDEPENDENT |  A row has erupted between Rubanda East member of Parliament Henry Musasizi and the district chairman, Kenneth Jogo Biryabarema over campaign posters. Musasizi accuses Biryabarema of allegedly defacing his campaign posters. Biryabarema has already indicated that he would contest against Musasizi in the race to …

Kampala, Uganda |  THE INDEPENDENT |  Parliament has passed a Bill providing for supervision and oversight of mobile money transactions. This approval followed the adoption of Parliament’s Finance Committee report in a plenary sitting chaired by Speaker Rebecca Kadaga. The approved legislation, the National Payment Systems Bill, 2019 is envisaged to provide a …

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda does not have a comprehensive payment system law. As a result, there is limited regulation and oversight of payment systems and …