Tag Archives: Kasaija

  Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched …

Panic over jump from Shs400bn to Shs870bn Kampala, Uganda | RONALD MUSOKE | How serious is the government claim that it does not have money to fund the 2021 general elections? That is the question raised by the latest appearances before parliament on the issue of Minister of Finance Matia …

But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …

Kampala, Uganda | THE INDEPENDENT | Government through the Finance and Economics Development Ministry is among others looking at reducing reliance on debt by increasing domestic revenue and improving the execution rate of projects as some of the ways to sustain the country’s debt. As at end of June 2019, …

Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL) announced on Dec.17 that it had made a net profit of Shs24.7bn for the financial year 2018/19, up from a loss of Shs10.8bn a year before. Officials said the profit, the first since the company’s inception in 2001, …

Will Bemanya’s removal save or ruin the company?   Kampala, Uganda | JULIUS BUSINGE | Bickering among government officials on who should take over the management of Uganda telecom as provisional administrator could scare away prospective investors, experts say. UTL needs around Shs255bn to clear some of its Shs536bn debt …

How can African countries increase tax revenues to fund their budgets and reduce donor dependency? This is the general question that African countries have dealt with over the years in response to the growing demand for services by the population. Kampala, Uganda | JULIUS BUSINGE | At the 4th international …

New law to facilitate trade and digital payment systems Kampala, Uganda  | JULIUS BUSINGE | Fintech offers enormous opportunities such as improving service delivery, provision of employment opportunities and boosting financial inclusion for the unbanked to the developing economies. It is therefore important that the innovations are appreciated, according to …

Bigger Economy: Why could that be bad news? Kampala, Uganda | THE INDEPENDENT | The recent rebasing of the national account series by the Uganda Bureau of Statistics (UBOS) has excited economists with many saying it presents the government an opportunity to make policy based on data that is a …

Kampala, Uganda | THE INDEPENDENT | Ndorwa East Member of Parliament Wilfred Niwagaba says ministers of finance are standing in the way of tabling proposals through which the Ugandan Opposition is seeking amendments to the Constitution that would lead to changes in the setup of government. Niwagaba, the shadow attorney …