Tag Archives: Muwanga Kivumbi

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. During the Tuesday plenary sitting chaired by Deputy Speaker Anita Among, legislators amended the …

Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Income Tax (Amendment) (No. 2) Bill, 2021 which provides for windfall tax and limitations of deductions on petroleum operations. The bill, presented by Minister of State for Finance (General Duties), Henry Musasizi, was passed during plenary sitting on Tuesday, 14 December …

  Butambala, Uganda | THE INDEPENDENT | Butambala Member of Parliament Muwanga Kivumbi has expressed appreciation to Government for introducing the Emyooga initiative which he says is a great step towards achieving the much desired economic transformation in Uganda. He said this, during a monitoring visit to Butambala Constituency as …

Kampala, Uganda | THE INDEPENDENT | Parliament has passed a supplementary budget of 3.81 trillion Shillings, mostly for stimulating the economy hit by COVID-19 and security-related interventions. Of this, at least 1.3 trillion Shillings was already spent within the 3 per cent legal limit which the government can spend and seek …

Kampala, Uganda | THE INDEPENDENT | A section of legislators have called on government to prepare comprehensive constitutional amendments to avoid the current trend where Members of Parliament are moving private members’ bills. These concerns were raised as MPs debated a motion to grant Igara East representative, Michael Mawanda, leave of the …

Kampala, Uganda | THE INDEPENDENT | The Shadow Finance Minister, Muwanga Kivumbi has listed five challenges that could derail the Parish Development Model, offering four possible interventions. The Parish Development Model is a government run microfinance initiative that seeks to create a Shs400 billion revolving fund to help local farmers and entrepreneurs …

Kampala, Uganda | THE INDEPENDENT | Shadow Finance Minister, Muwanga Kivumbi has criticised government for prioritising expenditure over development, which he said is reflected on the budget presented to Parliament, slowing down the economy. Muwanga said with half of the appropriated revenue for the current financial year already released to Ministries, …

Kampala, Uganda | THE INDEPENDENT | Current and former members of Parliament have been listed among the more than 800 individuals and companies that have defaulted government taxes to a tune of 346 billion Shillings. This is contained in the Ministry of Finance’s response to the issues raised by the Opposition …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament’s Committee on the Budget have welcomed proposals by the Shadow Minister for Finance, Muhammad Muwanga Kivumbi, also Butambala legislator which among others call for a review of the law and regulations relating to the management of the classified budget. The proposals are …

Kampala, Uganda | THE INDEPENDENT | The Buganda Parliamentary Caucus has given a list of over 30 people suspected to be possible assailants terrorizing people in Masaka to Internal Affairs Minister Gen Kahinda Otafire. The MPs from Buganda led by their chairperson and Butambala MP Muwanga Kivumbi met with Otafire at …