Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has tasked Uganda Microfinance Regulatory Authority-UMRA crackdown on unscrupulous money lenders illegally operating in the country. This came up when the UMRA, Edith Tusubira appeared before the committee on Wednesday alongside the Microfinance State Minister, Haruna Kasolo to present their …
Read More »Hawk-eyed MPs throw out finance Minister’s supplementary request
Kampala, Uganda | THE INDEPENDENT | For the second time in two months, members of Parliament’s Budget Committee have humiliated Finance Minister Matia Kasaija over his baffling requests for funding. Late January Kasaija’s request for sh481 billion shillings to recapitalise Bank of Uganda was thrown out and the central bank also …
Read More »PPDA wants law changed to affect directors of blacklisted firms
Kampala, Uganda | THE INDEPENDENT | The Public Procurement and Disposal of Public Assets Authority-PPDA has called for the amendment of the PPDA act to provide for the blacklisting of the both the firms and directors cited in any form of irregularities. Apparently, the PPDA act only provides for the suspension …
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