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Tag Archives: COVID-19

Govts debt management strategy draws mixed reactions

Kampala, Uganda | THE INDEPENDENT  |  The Ministry of Finance has unveiled a new Medium-Term Debt Management Strategy (MTDS), aimed at ensuring value for money from the loans that are being borrowed for the next financial year.  The plan specifies how the government plans to structure its debt portfolio in the …

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Gov’t rejects demands to lift curfew

Kampala, Uganda | THE INDEPENDENT  |  Prime Minister Ruhakana Rugunda has said that the curfew time will be maintained despite calls by Members of Parliament to have it lifted. Rugunda was on Tuesday speaking during the plenary after Members of Parliament called for the curfew to be lifted to enable Muslims …

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Is it time to invest in gold?

The conditions created by Covid-19 seem perfect for the price of gold to rise. Is gold now the best investment asset available? | MUSHTAK PARKER | These are challenging times for everyone as we enter the second year of a pernicious Covid-19 pandemic. There is a general consensus that the …

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Nakasongola revises local revenue estimates

Nakasongola, Uganda | THE INDEPENDENT |  Nakasongola District council has lowered its local revenue expectations for the financial year 2021/22 after failing to meet targets in the past two financial years. According to the 2021/22 draft budget for Nakasongola, the district expects to collect 900 Million Shillings from local revenue below …

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