Kampala, Uganda | THE INDEPENDENT | Parliament has urged government to expeditiously release funds for donor-funded projects whose activities are ongoing. The directive follows the presentation of a report of the Committee on Finance, Planning, and Economic Development on unspent balances and the position of the Consolidated Fund as of 30 …
Read More »Committee on National Economy to assess country’s debt
Kampala, Uganda | THE INDEPENDENT | Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed the Committee on National Economy to make an assessment on the country’s public debt and report back to Parliament. Tayebwa made the directive during the …
Read More »Ugandan street kid turned serial murderer gets 134 years in jail
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has sentenced former street kid Musa Musasizi to a 134-year jail term for the murder of five women in Nakulabye and Kasubi suburbs of Kampala City within one month in 2021. His victims included his girlfriend, Mackline Ahereza, Violet …
Read More »Parliament approves Shs3.5 trillion supplementary funding
SUMMARY ✳ State House – Classified Shs441.3bn ✳ Support for Artists SACCO Shs13bn ✳ Shortfall of Census preparation Shs144bn ✳ Munyonyo Convention Centre Shs37bn ✳ Uganda Broadcasting Corp (UBC) Shs25bn ✳ Renovation of National Mosque Shs5bn ✳ Compensation mandatory vehicle inspection contract Shs33Bn Kampala, Uganda | THE INDEPENDENT | …
Read More »Parliament scrutinises Sh3.5 trillion supplementary budget
Kampala, Uganda | THE INDEPENDENT | The Budget Committee of Parliament has started scrutinizing the sh3.5 trillion supplementary budget aimed at financing key infrastructure projects for the Financial Year – FY 2022/2023. According to the supplementary budget framework paper presented to the Committee by Henry Musasizi, the Minister of State …
Read More »Uganda could move off financial grey list soon, but Ponzi schemes pose new risk
Kampala, Uganda | THE INDEPENDENT | Uganda is on the way to being removed from the warning list of a global financial Industry monitoring agency, but experts warn of new challenges. The Financial Action Task Force, FATF, has commended the country for the measures it has put in place to …
Read More »Kasubi murders: Former street kid convicted
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has convicted Musa Musasizi, a former street kid, for the murder of his girlfriend, Macklean Ahereza. Musasizi pleaded guilty to strangling Ahereza to death at his home in Mujooba Zone Six, Kasubi Nakulabye, Kampala District. Upon his arrest in …
Read More »Finance Ministry releases Sh22 billion of Sh80 billion needed for medical interns
Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance, in charge of General Duties, Henry Musasizi has said that sh22 billion has been released to the Ministry of Health to pay and deploy the interns. Health Minister Ruth Aceng however said the sh22 billion is not enough. She …
Read More »Parliament considering moratorium on ministerial tax waivers, exemptions
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have proposed a moratorium on the powers of Ministers to grant tax waivers and tax exemptions to individuals and companies operating businesses in the country. The legislators are concerned over the persistent requests from the government for additional funds from Parliament …
Read More »SH51.9 TRILLION: Uganda’s 2023-2024 budget revised
Kampala, Uganda | THE INDEPENDENT | The government’s amendment to the proposed budget for the financial year 2023/2024, indicates an increase in the resource envelope from 50.9 trillion to 51.9 trillion Shillings. Henry Musasizi, the Minister of State for Finance- General Duties tabled the document on Wednesday during the plenary …
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