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Tag Archives: Matia Kasaija

Gov’t losing Billions in procurement delays – Kasaija

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has lashed out at government entities, saying their culture of slow procurement processes means the country is losing billions of shillings. Kasaija, who spoke at the 2019 public procurement sector performance review conference in Kampala on Thursday, said at …

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Gov’t yet to decide on Jinja express highway financing

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has told Parliament that the Cabinet is yet to take a decision on the financing of the Jinja Express highway. The Jinja Express Highway which will be constructed at a cost of 1.1 billion dollars …

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Road user satisfaction improves across Uganda – Report

Kampala, Uganda | THE INDEPENDENT  | Road users’ satisfaction has improved across Uganda, according to the 2019 National Road Users’ Satisfaction Survey findings released this morning by the Uganda Road Fund. The National Survey gauged the satisfaction of road users in terms of road width, their safety, signage, markings, availability of …

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Gov’t not frustrating constitutional amendment bill- minister Ajedra

Kampala, Uganda | THE INDEPENDENT  |  The State Minister for Finance-General Duties, Gabriel Ajedra has dismissed claims by Shadow Attorney-General Wilfred Niwagaba that he was denied a Certificate of Financial Implications for the Constitutional Amendment Bill, 2019. Niwagaba sought a certificate for his Bill immediately after being granted leave by parliament …

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Ugandans are much richer-UBOS

Kampala, Uganda | THE INDEPENDENT | Ugandan economy is bigger than previously estimated, with new numbers showing Ugandans are much richer than had been thought, according to Uganda Bureau of Statistics (UBOS). According to UBOS, they rebased the economy using the prices of 2015/16 financial year. This saw Uganda’s size …

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Gov’t tells Ugandans to stay away from cryptocurrencies

Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija has issued a strong warning to Ugandans investing in cryptocurrencies, saying the government does not recognize them and citizens are on their own. A Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of …

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Customers Bank deposits now protected up to UGX 10m

Kampala, Uganda | THE INDEPENDENT | The government has increased the deposit insurance limit from the current 3 million to 10 million shillings. This is the amount of money that is put aside to cater for misfortunes like the closure of a bank, as a guarantee that depositors can be …

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