Kampala, Uganda | THE INDEPENDENT | Users of mobile phones will effective Thursday, July 1, have to pay a 12 per cent Excise Duty on the value of data, airtime and other value-added services they use, each time they top up. The tax which has until now been charged at 20 …
Read More »EAC budget cut over Covid-19 effects
Kampala, Uganda | THE INDEPENDENT | The East African Community-EAC Council of Ministers has tabled the budget estimates for the 2021/2022 financial year totaling US$91,784,296. The budget theme: Economic Recovery through Industrialization and Inclusive Growth, aims to focus on the policymakers, implementers and legislators at a time the COVID-19 pandemic had …
Read More »Opposition wants budget recalled to include Covid-19 support
Kampala, Uganda | THE INDEPENDENT | The Opposition in Parliament has called for a revision of the 2021-2022 financial year budget to cater for the COVID-19 crisis that has hit the country. The call was made during a press conference jointly addressed by the Leader of Opposition Mathias Mpuuga Nsamba, and …
Read More »Judiciary pledges to fast track cases after budget increment
Kampala, Uganda | THE INDEPENDENT | The judiciary has pledged to fast-track cases and improve access to justice after an increase of its budget for the 2021/2022 financial year. On June 10, 2021, the designate State Minister for Finance in charge of Planning, Amos Lugoloobi while reading the budget said the …
Read More »IN THE INDEPENDENT: The reshuffle!
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The reshuffle?: Museveni new cabinet; It’s his fight for survival THE LAST WORD On Museveni’s new cabinet: The president’s choice of ministers and what it tells us about the factors that shape the …
Read More »National Budget: Human capital, security and governance take lion’s share
Kampala, Uganda | THE INDEPENDENT | Government will next financial year spend a big chunk of the budget on interventions for human capital development, security and integrated transport infrastructure among others. The 2021/2022 financial year budget set to come into effect on 1st July 2021, was on Thursday afternoon presented to …
Read More »LIVE: MP Lugoloobi will read Uganda’s budget 2021
➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …
Read More »New KCCA speaker dismayed by authority’s low budget allocation
Kampala, Uganda | THE INDEPENDENT | The newly elected Speaker of Kampala Capital City Authority-KCCA, Zahara Luyirika has expressed dismay over the low budget allocations to the authority during the budgeting process. Speaking at City Hall after taking oath as KCCA speaker, Luyirika said it’s a disgrace that while the city …
Read More »Lower middle income status: The big miss in Kisanja hakuna mchezo
Kampala, Uganda | THE INDEPENDENT | At the time of the inauguration of a new cabinet in 2016, President Yoweri Museveni, who had been in power for 30 years back then, boasted that Uganda was on the cusp of achieving lowe-middle-income status This is a term used by the World Bank …
Read More »Kitgum district budget up by one percent
Kitgum, Uganda | THE INDEPENDENT | Kitgum District Local Government has increased its 2021/2022 Financial year budget by 1.1 percent, up from the previous 2020/2021 Financial year budget. The District Council on Monday approved a draft budget of 36.3 billion Shillings, an increment of shillings 2.9 billion from shillings 33.3 Billion …
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