Tag Archives: Matia Kasaija

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 …

Kampala, Uganda | THE INDEPENDENT  | The Minister for Works and Transport, Eng. Monica Azuba has been accused for tabling the Traffic and Road Safety Bill, 2019 with the wrong certificate of financial implications. Azuba tabled the Bill in July for its first reading and the committee on Physical Infrastructure …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | The government of Uganda is working behind the scenes to revive talks in the collapsed oil companies’ deal. Minister of Finance, Matia Kasaija confirmed that government is pushing to see that oil companies go ahead to conclude their deal, a move that could breathe …

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 …

Kampala, Uganda | THE INDEPENDENT | The government has committed to pay 10 billion Shillings to the Church of Uganda as partial payment for the 15-acre land housing its offices in Entebbe. The government offices on the land in question include Civil Aviation Authority, the Agriculture and Fisheries Ministry and …

Kampala, Uganda | THE INDEPENDENT | Government has proposed an amendment to the Estates for Missing Persons Act 1973 that will allow persons between 18 and 25 years of age to benefit from the estate of a missing person provided they are still in school and not married. This is …

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 …

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. …