Friday , February 28 2020
Home / Tag Archives: Syda Bbumba

Tag Archives: Syda Bbumba

Gov’t rejecting loans from World Bank

Kampala, Uganda | THE INDEPENDENT  | The government is rejecting loans from the World Bank in favour of those from China. This is according to the National Economy Committee of Parliament. According to Syda Bbumba, the committee chairperson, while meeting officials from the World Bank recently they said that they …

Read More »

MPs wants audit on Lubowa hospital project

Kampala, Uganda | THE INDEPENDENT | The chairperson of the National Economy committee of Parliament Syda Bbumba has called for an audit of the Lubowa-Based International Specialized Hospital of Uganda. Bbumba made the call while meeting State Minister for Finance David Bahati on the state of the USD 379 million-facility being …

Read More »

Parliament committee cautions gov’t on expensive China loans

Kampala, Uganda | THE INDEPENDENT | The National Economy committee of Parliament has asked the government to scale down debt contracting to only projects that have high economic and financial returns, and target cheaper concessional loans to finance investments. According to the committee, as the country’s external debt position faces …

Read More »

Since it was signed by ex­perts, I signed – Syda Bbumba

Kampala, Uganda | PWATCHUG| For­mer En­ergy Min­is­ter, Syda Bbumba has feigned ig­no­rance of the con­tent in an oil pro­duc­tion shar­ing agree­ment that led to a $157 mil­lion tax waiver to Tul­low Oil Com­pany. Bbumba is in the eye of the storm af­ter Pres­i­dent Yow­eri Mu­sev­eni, while meet­ing leg­is­la­tors on the …

Read More »

Syda Bbumba’s burden

By Patrick Kagenda Traders say Finance ministry should not stick to blue skies strategies in the global financial storm On February 16, the Ministry of Finance had five ministers: top minister Ezra Suruma and his four ministers of state: Salim saleh (micro- finance); Semakula Kiwanuka (Investment); Kagimu Kiwanuka (Economic Monitoring), …

Read More »