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Tag Archives: Matia Kasaija

Minister on spot over transfer of Environmental Fund

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Natural Resources Committee have criticised the Minister of Finance, Planning and Economic Development, Matia Kasaija, for diverting the Environmental Fund from National Environmental Management Authority (NEMA) to the Consolidated Fund, saying this has crippled NEMA’s operations. MPs said the fund was …

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Court blocks interdiction of five UBOS officials

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has issued an interim injunction blocking the decision to interdict five officials of the Uganda Bureau of Statics-UBOS over allegations of corruption. The five are Dr Chris Ndatira Mukiza, the Executive Director, Dr Albert Byamugisha, the Chairperson Board of Directors, …

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Minister Kasaija defends parliamentary commission budget cuts

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has justified the budget cuts on the Parliamentary Commission, saying that it was necessary to help the country meet urgent Covid-19 medical needs. According to Kasaija, the decision was taken by Cabinet to cut money appropriated for travel and workshops …

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COSASE queries loan terms for the upgrade of Entebbe Airport

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises-COSASE, has raised concern over terms of the loan acquired to upgrade and expand Entebbe International Airport. Committee members led by chairperson Joel Ssenyonyi, on Thursday tasked the Minister for Finance, Planning and Economic Development Matia Kasaija, to …

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Minister Kasaija to fast track NSSF mid-term access bill

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund is anxiously awaiting the enactment of the NSSF Amendment Bill which was recently returned to Parliament by President Yoweri Museveni. The president advised parliament to among others, amend the clause on the mid-term access to 20 per cent of the …

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Ignore rumor of seizing money in dormant accounts – Kasaija

Kampala, Uganda | THE INDEPENDENT | Holders of bank or mobile money accounts whose cash balances may be transferred to the Bank of Uganda or to the Consolidated Account, are free to recover it according to the laws. The National Payments Act, 2020 provides for the transfer of “idle money” or …

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Government to construct multi-billion sugar factory in Busoga

Luuka, Uganda | THE INDEPENDENT | The government of Uganda has finalized plans to construct a 135 billion Shillings sugar processing factory in Luuka district. Uganda Development Cooperation-UDC will supervise the implementation of the construction works through direct financing from the Ministry of Finance. The plant whose construction works are expected …

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Finance ministry to restrain supplementary budgets next financial year

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has warned ministries and government departments against relying on supplementary budgeting in the next financial year, saying it will not be easy for them. Minister Matia Kasaija told the National Budget Conference, that supplementary requests are making …

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Africell to exit Ugandan market after 7 years

Kampala, Uganda | THE INDEPENDENT | Stiff competition and high indebtedness have forced Uganda’s third largest telecom service company by subscriber base, Africell, to quit the country. The company say its services will stop on October 7, this year, according to a letter circulated to its employees, who will continue to …

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