Tag Archives: ministry of finance

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 …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | As the government moves to meet traders over an impending strike by importers of textile and textile products over taxes, the Ministry of Finance, Planning and Economic Development, and the Uganda Revenue Authority are accusing the traders leadership of dishonesty. Kampala City Traders Association, KACITA …

Kampala, Uganda | Ronald Musoke | Ramathan Ggoobi, the new Permanent Secretary in the Ministry of Finance, Planning and Economic Development who also doubles as the Secretary to the Treasury has officially assumed office almost a month after his appointment. Patrick Ocailap, the Deputy Secretary to the Treasury who has been …

Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Department has identified cases of fraud and forgeries by managers of saving schemes that were meant to benefit from the teachers revolving fund. These were unearthed as part of the investigations into the embezzlement of 11 out of the 25 billion Shillings …

Kampala, Uganda | THE INDEPENDENT | The new leadership at the Ministry of Trade, Industry and Cooperatives want the Ministry of Finance, Planning and Economic Development, and the Bank of Uganda, to stay away from the management issues of the cooperative sector. The State Minister in Charge Cooperatives, Frederick Ngobi Gume …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development says one of the main reasons as to why the government introduced a 12 percent Excise duty on internet use was to trap Ugandans who were evading OTT by using Virtual Private Networks (VPN). The Over the …

Kampala, Uganda | THE INDEPENDENT | The newly introduced tax measures have generated mixed feelings and fortunes for taxpayers and the general public as a whole. Several tax measures and amendments to the tax laws have been completed and are due to take effect starting July 1, 2021. According to the …