Kampala, Uganda | THE INDEPENDENT | The Privatisation unit under the Ministry of Finance has said that it has demanded in vain for the payment of Shs69 billion from the sale of Uganda Railways property in Nsambya and Kibuli. Although Uganda Railways was meant to get Shs69.5 billion for the 57 acres …
Read More »
Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee on Education were left in shock after they discovered that a US$113 million grant from the Chinese government for construction of Buhinga and Akii-Bua stadia has not been utilized. The MPs were disturbed to learn that the Ministries of Education and Sports, …
Read More »
Kampala, Uganda | THE INDEPENDENT | Parliament has reached a consensus on which ministry will supervise the operations and activities of the National Social Security Fund (NSSF). There has been a big contestation on whether the supervisory role of NSSF funds should be under the Ministry of Gender, Labour and Social Development …
Read More »
Kampala, Uganda | THE INDEPENDENT | Current and former members of Parliament have been listed among the more than 800 individuals and companies that have defaulted government taxes to a tune of 346 billion Shillings. This is contained in the Ministry of Finance’s response to the issues raised by the Opposition …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s total debt stock grew to 67.4 trillion Shillings by the end of the financial year 2020/21 in June, according to the Bank of Uganda. This shows a debt to GDP ratio of 45.5 percent, in contrast to earlier estimates of almost 50 percent, which …
Read More »
Kasese, Uganda | THE INDEPENDENT | Kasese district local government has received Shillings 895,546,427, to kick start the operation of the Parish Development Model-PDM program. The money is part of the shillings 17.7 Billion received from the ministry of finance for the second quarter release of the financial year 2021/22. Key …
Read More »
Kampala, Uganda | THE INDEPENDENT | A new report of the Auditor General has revealed financial indiscipline at Uganda’s Embassy in Copenhagen-Denmark. This is in relation to the utilization of 5.6 billion Shillings total budget disbursed to the Embassy for the financial year 2019/2020. The Auditor-General John Muwanga’s report on the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s external trade in goods declined further in the month of July, with both imports and exports recording declines. The import bill decreased by 436.80 million dollars while export receipts fell by 155.05 million dollars, according to latest information from the Ministry of Finance, Planning …
Read More »
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 …
Read More »
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 …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
