Tag Archives: ministry of finance

Kampala, Uganda | THE INDEPENDENT  |  Maize and sesame (sim sim) farmers in Uganda are laughing to the bank after the prices of their crops rebounded pushing the country’s export earnings up in August. Maize export earnings were up by 145% in the month of August, bringing in $13m (Shs 48bn) …

Kampala, Uganda | THE INDEPENDENT | Ikwera Girls Secondary school has accused Kwania district local government authorities of using 150 million shilling meant for the purchase of a school bus. The money was sent to Kwania district by Ministry of Finance to purchase a new Mini-bus for the school during the …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) realized less revenue last month with both domestic and international taxes performing poorly. According to Ministry of Finance filings for the month, collections in August were below target by 149 billion shillings. Overall, URA collected 1.4 trillion shillings in August, …

Kampala, Uganda | THE INDEPENDENT | Uganda’s export earnings increased both on an annual and monthly basis in July, a new report from the Ministry of Finance shows. The performance of the economy report for August 2019 shows that export earnings grew by 5.9% from 1.1trillion shillings in June 2019 to …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Agriculture, Animal Industry and Fisheries under the Directorate of agricultural extension services is fast-tracking the revival of District Farm Institutes to boost agriculture. The initiative which is part of the broader objective of transforming farmers from subsistence to commercial agriculture has been …

Kampala, Uganda | THE INDEPENDENT | Kenneth Mugambe, the director budget at the Ministry of Finance, has said some of the targets contained in Uganda’s National Development Plans (NDPs) don’t reflect the reality and fail to consider the political environment they are operating in. Mugambe, who was speaking at the United Nations …

Kampala, Uganda | THE INDEPENDENT | The State Minister for Privatization and Investment, Evelyn Anite has directed the Internal Auditor in the Ministry of Finance to conduct an audit on activities of the Uganda Telecom Limited (UTL). “Arising from H.E the President’s letter ref: PO/10 dated 16th July, 2019 addressed …

Kampala, Uganda | THE INDEPENDENT | Uganda Police Force (UPF) will now have a sigh of relief after the Ministry of Finance took over its 125 billion Shillings debt. The debt is a result of unpaid bills for power, food, water, housing, vehicle maintenance, fuel and lubricants accumulated up to …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the physical committee have rejected a move by the Ministry of Finance to directly appropriate road maintenance funds to implementing agencies. This is after the minister for finance, Permanent Secretary and Secretary to the Treasury failed to appear on Thursday …

Kampala, Uganda | THE INDEPENDENT | The Uganda Road Fund (URF) has accused the Ministry of Finance of hijacking its mandate by directly appropriating funds for road maintenance. The Uganda Road Fund Act, 2008 gives URF the mandate to finance road maintenance of public roads and related activities. It allocates …