Tag Archives: budget

By theresa nannozi 2011/12 budget disappoints Ugandans who wanted tax cuts, salary increase The 2011/12 budget came as a disappointment for the majority of Ugandans who had expected and hoped for tax cuts on fuel, especially petrol and diesel. While the removal of taxes on kerosene (Shs 200 per litre) …

By Independent Team & Agencies Rwanda’s child policies praised in new Africa report A new report launched Dec. 6 by the African Child Policy Forum (ACPF) has listed Rwanda among countries committed to investing in children. The report measures African government’s investment in children and confirms that a country’s commitment …

By Dicta Asiimwe MPs allege forgery of reports but Speaker raises no objection Parliament approved the budget figures this week with, at one point at 6 pm, 21 members in attendance. Presided over by Speaker Edward Sekandi, by six o’clock, with over one hundred votes not yet passed, those present …

By Patrick Kagenda UWA’s Shs 9bn `Friend a gorilla’ stalls over Shs 45m In Sept 2009 the Uganda Wildlife Authority (UWA) launched a campaign dubbed “Friend a Gorilla” to raise Shs 9 billion to fund park activities to preserve the endangered mammals. Close to one year down the road during …

By Magnus Mazimpaka Rwanda increased its spending by 24%, the raise mainly acting as a stimulus package to protect the economy against the current global financial crisis. Expenditure increased to Frw838 billion this financial year 2009/10 from Frw674 billion last year. There was a slight increase of Frw26 billion from …

By Andrew M. Mwenda The 2009/10 budget in Uganda once again presents the puzzle to many analysts of our nation. In spite of a world-wide recession (advanced economies declined by 7.5% in the last quarter of 2008), Uganda’s economy grew by 7%, an impressive performance by any standard. Indeed, growth …

By Patrick Kagenda Finance Minister Syda Bumba will read her maiden budget speech to the nation on June 11, 2009. With an economy hit hard by the global financial meltdown, a depreciating shilling, low exports, spiraling unemployment and biting poverty, the minister will need to pull off a delicate balance …