The government unveiled a record Shs84.4 trillion spending plan; Ordinary people to shoulder costs through pricier fuel, sugar and secondhand apparel COVER STORY | JULIUS BUSINGE | Uganda’s national budget for financial year 2026/27 marks a clear shift in economic emphasis, moving from a broad-based wealth creation agenda …
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COMMENT | Morrison Rwakakamba | Uganda stands at a rare inflection point in its development trajectory. With commercial oil production scheduled to commence later this year and a fresh electoral mandate secured, the national budget for the 2026/27 financial year offers more than another round of incremental spending. It attempts …
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Kampala, Uganda | URN | State Minister of Finance Henry Musasizi has issued a stern warning against any acts of sabotage targeting the anticipated iron ore factory in Rubanda District. Musasizi, who also serves as the Member of Parliament for Rubanda East, made the statements following reports of a fierce …
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Inside the 2026/27 revenue push, public pushback, and the battle over fairness NEWS ANALYSIS | RONALD MUSOKE | On April 2, Henry Musasizi, the Minister of State for Finance (General Duties), presented a raft of tax proposals to Parliament to finance a proposed Shs 84 trillion budget for the 2026/27 financial …
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Rubanda, Uganda | URN | The government is set to enhance salaries of arts teachers at the beginning of the next financial year. State Minister of Finance Henry Musasizi revealed there is a discussion going on to make it possible to have the salaries of the arts teachers enhanced to …
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Kampala, Uganda | THE INDEPENDENT | Over ten thousand Parish Development Model ((PDM) SACCOS will be capitalized with funds totaling Sh3.2 trillion by the end of the financial year 2024/2025 next month. State Minister for Finance, Henry Musasizi says the money will be sent directly to the beneficiaries’ bank and …
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Kampala, Uganda | THE INDEPENDENT | Government has presented a Shs40.7 trillion budget for the 2025/26 financial year, outlining significant investments across key sectors to drive economic growth and development. This is contained in the Appropriation Bill, 2025 tabled for its first reading by the Minister of State for Finance …
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Kampala, Uganda | THE INDEPENDENT | Henry Musasizi, the State Minister for Finance, Planning and Economic Development says the country has now fully overcome the effects of the global and local shocks to the economy that happened over the last three to four years and is now on its desired …
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Kampala, Uganda | THE INDEPENDENT | Parliament has unanimously approved an addendum allowing the government to borrow at least US $600 million (approximately Shs 2.208 trillion) to finance the Greater Kampala Metropolitan Area Urban Development Program. The approval came after a motion was moved by Henry Musasizi, the State Minister …
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Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Henry Musasizi said the tax waivers will …
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The Independent Uganda: You get the Truth we Pay the Price
