Tag Archives: Bahati

  Kampala, Uganda | THE INDEPENDENT | Sh 34.3 trillion is the resource envelope for financial year 2019/2020, up by Sh 2 trillion from the current financial year. Of the Sh 34.3 trillion, domestic revenue collections are expected to generate Sh 18.3 trillion, according to National Budget Framework Paper. The economy itself …

Kampala, Uganda | THE INDEPENDENT | The government is suspending issuance of licenses to gambling and gaming companies. This was announced by State Minister for Finance David Bahati, at the closure of the 2019 Brethren Conference of the Diocese of Kigezi this afternoon. Bahati, who was representing President Yoweri Museveni …

  PUBLIC DEBT: Why is it growing? Is it prohibitive, unsustainable? Kampala, Uganda | ANDREW M. MWENDA | On January 10, I watched with increasing depression a debate about Uganda’s national debt on the NBS Frontline show. Although the Minister of State for Finance, David Bahati, made many good arguments …

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance in Charge of Planning David Bahati has asked Members of Parliament to support the constitutional amendment bill no 2 that seeks to forcefully acquire Land. The Bill is intended to amend article 26 of the 1995 Constitution to facilitate faster …

  Kampala, Uganda | THE INDEPENDENT |  Members of Parliament on the Finance Committee have rejected a request of sh250 billion by the Uganda Investment Authority (UIA) to purchase 446 acres of land in Namanve. The land is intended to help expand the Kampala Industrial Business Park. Led by the …

  Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance for Planning, David Bahati has asked pastors to support the draft Faith-Based Organization policy because it is aimed at creating a better working relationship between the government and church. FBO’s policy, a legal framework designed to monitor and …

      Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance (Planning) David Bahati has revealed that government is set to introduce a bill that will regulate digital currencies and pyramid schemes. “In October, Cabinet approved the National Payment System Bill. We intend to bring it …

Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance, David Bahati has urged Ugandans to celebrate the visit of American rapper, Kanye West and his wife, Kim Kardashian. Kanye West is currently camped at Chobe Safari Lodge in Murchison Falls National Park where he has been recording a new …

Kampala, Uganda  | THE INDEPENDENT | The Minister of State for Planning David Bahati has confirmed several radical tax proposals and amendments to the Income tax Bills, including increase excise duty on diesel and petrol by Sh100 for a litre  to generate Sh196.4 billion. Another key new tax proposal is …

World Bank upbeat about economy | Says Public Private Partnerships on large projects could spur economy Kampala, Uganda | IAN KATUSIIME | The Uganda economy could grow at a rate of 5.2% during the current Financial Year 2017/18, according to the latest World Bank update released on July 25. That …