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Tag Archives: Kasaija

Unending teacher strikes

 Teachers: How Museveni’s strategy is failing COVER STORY | MUBATSI ASINJA HABATI | Non-science teachers in government secondary schools across the country, their primary school counterparts, and tutors in teacher training colleges who are on strike demanding unbiased pay appear to have President Yoweri Museveni cornered. Although the President is talking …

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Background to the sh48 trillion Uganda budget

BUDGET summary 2022/23 ➡ Shs.48,130.7 billion ❇Domestic revenue: Shs.30,797.3 bn with Shs.23,754.9 bn as tax revenue & Shs.1,795.9 bn as non tax revenue. ❇ Domestic borrowing is Shs.5,007.9bn ❇ Budget support is Shs.2,609.2bn ❇External financing for projects amounts to Shs.6,716 bn of which Shs.4,625.7bn is from loans & Shs.2,090.5 bn …

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Collective investment scheme assets cross Shs1tn

This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …

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Road Fund to become operational 14 years late

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has assured parliament that the Road Fund was going to be operationalized following a legal opinion provided by the Attorney General. Kasaija’s statement follows a motion tabled by Tororo Woman MP, Sarah Opendi questioning why government was not …

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RETIREMENT: Savers to be able to get housing loans

Kampala, Uganda | THE INDEPENDENT | Members of different retirement schemes will be allowed to use part of their savings as collateral to obtain loans. According to the regulation, members saving in retirement schemes licensed by the Uganda Retirement Benefits Regulatory Authority (URBRA), will be allowed to secure mortgages and …

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Entebbe Airport gone or not?

The facts versus what government says and what public believes Kampala, Uganda | THE INDEPENDENT | Does Uganda stand to lose control of Entebbe International Airport to Chinese lenders over a $350 million loan? The government says China cannot take the airport but the raised voices on the issue shows …

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