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Tag Archives: Patrick Birungi

UGX 800M budget shortfall impeded UDC’s valuation of Roko

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance committee have learned that Uganda Development Corporation-UDC’s move to carry out a valuation of Roko Construction Limited was unsuccessful after failing to access an 800 million Shillings budget from the Ministry of Finance. Patrick Birungi, the UDC Executive Director …

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MPs reject UGX108Bn additional funding to Atiak sugar factory

Kampala, Uganda | THE INDEPENDENT | The Budget Committee has rejected a consideration of a supplementary budget request worth 108 billion shillings as additional funding to Atiak sugar factory in Amuru district. The MPs say government has heavily invested in the company and yet the shares remain stagnant. They say that until …

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