Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development is in final stages of drafting a National Tax Policy. The policy expected to become public in December, will provide a set of guidelines for the taxation of goods, services and income as a vital tool …
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KAMPALA, UGANDA | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (General Duties), Henry Ariganyira Musasizi has admitted that the government is struggling to trace the impact of Parish Development Model (PDM) program at grass root level across the country. Launched by President Yoweri Kaguta Museveni …
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Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday passed a Sh72.130 trillion national budget, up from an earlier proposed total of Sh58 trillion. This is a Sh20 trillion increment from the last financial year budget of Sh52 trillion. Parliament Watch @pwatchug indicates that, payment of Uganda’s public debt commands the lion’s …
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Kampala, Uganda | THE INDEPENDENT | Kiira Motors Corporation, a budding indigenous mobility enterprise in the country has presented a 524 billion Shillings proposed business investment budget to the Presidential Affairs Committee of Parliament. It was contained in the Ministerial Policy Statement, and Budget Estimates for the FY 2024/2025. “We are …
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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 …
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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 …
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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 …
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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 | …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
