Kampala, Uganda | THE INDEPENDENT | Parliament has asked the Criminal Investigations Department (CID) to investigate the whereabouts of the seal of the Departed Asians Property Custodian Board. This follows a dispute between the Finance Minister Matia Kasaija, and former Custodian Board Secretary Bernard Tumwesigire, who presented a custodian board …
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Kampala, Uganda | THE INDEPENDENT | The government has finalized with plans to buy shares worth 23 billion Shillings in Mabale tea factory in Kyenjojo district, according to Finance Minister Matia Kasaija. Mabale growers tea factory started in 1969, as a government-owned business, but collapsed during the Idi Amin regime. …
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Kampala, Uganda | THE INDEPENDENT | Construction of the headquarters of the Inspectorate of Government-IG is finally set to begin. Speaking at the ground breaking ceremony on plots 71-75 Yusuf Lule Road and Plots 24-26 Clement Hill, Kampala this morning, Rose N. Kafeero, the Permanent Secretary of the IG, said …
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Kampala, Uganda | THE INDEPENDENT | The government has allocated 4 trillion shillings towards land acquisition and compensation for three oil roads in the 2019/2020 financial year. The roads are Hoima-Butiaba-Wanseko, Masindi-Biiso, Masindi-Bugungu and Buhimba-Kakumiro-Mubende. According to Finance minister Matia Kasaija, the allocation is part of the 6.4 trillion Shillings budget …
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Kampala, Uganda | THE INDEPENDENT | The implementation of the digital stamps as a revenue administration measure will go ahead in the next financial year despite rejection from manufacturers. The Finance Minister Matia Kasaija said on Thursday while reading the 2019/20 financial year budget that “The Excise Duty Act was amended …
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Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija says the government is to extend power distributor Umeme’s concession. His revelation ends the uncertainty over Umeme’s future in Uganda’s energy sector as electricity supplier. Kasaija in his 2019/20 financial year budget speech however said the concession with Umeme Limited …
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Kampala, Uganda | THE INDEPENDENT | The Government has allocated 223 billion shillings for the implementation of the Electoral Roadmap for the 2021 General Elections. This was revealed by the Minister for Finance, Planning and Economic Development Matia Kasaija on Thursday during the presentation of the budget for financial year 2019/2020. …
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Kampala, Uganda | THE INDEPENDENT | Government has allocated 1 trillion shillings for the Agricultural sector in the financial year 2019/2020. Agriculture last year was allocated 893 billion shillings. The Finance Minister Matia Kasaija on Thursday said that the increment is meant to boost the Agriculture sector. Kasaija said in the …
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Kampala, Uganda | THE INDEPENDENT | Government has pushed the Final Investment Decision (FID) for commercial oil production to September 2019. Speaking during the budget presentation on Thursday, Finance and Economics Development Minister, Matia Kasaija said, “Preparation for commercialization of oil and gas resources continued this year. The lead investor for …
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Kampala, Uganda | THE INDEPENDENT | Ugandan traders expecting to use the Standard Gauge Railway to transport their merchandise from Mombasa to Kampala should forget it for now as the funder doesn’t want to commit money before he is sure that the Kenyan line will reach Malaba border. Uganda had hoped …
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The Independent Uganda: You get the Truth we Pay the Price