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Tag Archives: Keefa Kiwanuka

MPs pass Bill promoting local content

Kampala, Uganda | THE INDEPENDENT | Parliament has passed the National Local Content Bill, 2022 intended to foster promotion of local content in all but the oil, gas and petroleum sector. Among others, the bill seeks to impose local content obligations on a person using public money or utilising Uganda’s natural resources …

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Parliament scraps excise duty on confectionaries

Kampala, Uganda | THE INDEPENDENT | MPs have passed the Excise Duty (Amendment) Bill, 2022 scrapping taxes on sugar confectionaries, sweets, gums, and chocolates. The bill was earlier passed in March 2022 but returned to Parliament for reconsideration by President Yoweri Museveni. The Parliament Committee on Finance, Planning and Economic Development …

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Gov’t alters PDM payouts, eyes supplementary

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (Planning), Amos Lugoloobi, has said that government will now pay the Parish Development Model (PDM) monies in instalments due to cash flow problems. Lugoloobi was on Tuesday, August 23, 2022, appearing before the Committee on Finance …

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MPs, plastic dealers lock horns over US$70 tax

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Finance, Planning and Economic Development has met officials from Uganda Manufacturers’ Association (UMA) and Uganda Plastic Recyclers Association to negotiate a settlement over the controversial US$70 levy on plastic imports in the country. The Excise Duty (Amendment) Act 2022 had levied a 2.5 …

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MPs reject proposal to give ministries power over non-tax revenue fees

Kampala, Uganda | THE INDEPENDENT | The Committee on Finance, Planning and Economic Development has thrown out a proposal by the finance ministry that grants government Ministries, Departments and Agencies (MDAs) the discretion of setting user fees for services that are considered non-tax revenues. Non-Tax Revenue (NRT) is charged against services …

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Re-allocate Shs319 billion Lubowa hospital budget

Kampala, Uganda | THE INDEPENDENT | The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led by Matia Kasaija while …

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MPs urge gov’t to refill oil reserves to curb fuel prices

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have quizzed officials from the Ministry of Finance, Planning and Economic Development over the skyrocketing fuel prices in the country. The MPs on the Committee of Finance believe that the ongoing fuel crisis would have been averted if the county’s oil reserves were …

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MPs put finance ministry officials to task over fuel prices

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have questioned officials from the Ministry of Finance, Planning, and Economic Development over the skyrocketing fuel prices across the country. Fuel prices have been rising sharply since early last year but since the beginning of this month, they have …

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MPs asked to review electricity, water tariffs

Kampala, Uganda | THE INDEPENDENT | The Gateway Research Centre, a non-profit organisation has asked Members of Parliament to review the electricity and water tariffs saying it is greatly affecting the growth of businesses. The organization led by Susanie Nannozi Ggoobi, the Executive Director states that the Parliament of Uganda and …

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