VIDEO: D9 defies Central Bank directive Uganda | NBS TV UGANDA| D-9, is considered a shadowy multi-level marketing company by many but it has vowed to defy Bank of Uganda’s decision to freeze the company’s bank accounts. They insist they should have been consulted. The company, largely operating online, says its work …
Read More »Civil Society groups demands budget spending efficiency
Uganda’s 2017/2018 budget: Civil Society group speaks out Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella body – Civil Society Advocacy Budget Group (CSBAG) is calling on government agencies and departments responsible for budget implementation to efficiently implement the budget to benefit the common man. …
Read More »Region focuses on infrastructural devt in 2017/18 budgets
BUDGET: The EAC countries are looking at reducing the cost of doing business Kampala, Uganda | ISAAC KHISA | Governments in the East African Community seem to be determined to ease the cost of doing business in the region as they allocate massive budgets to infrastructural developments in the new financial …
Read More »The politics behind the budget
BUDGET ANALYSIS: Why UDB got Shs50bn, Museveni donations Shs70bn and more Kampala, Uganda | JULIUS BUSINGE | Matia Kasaija, Uganda’s Finance minister, is a jocular person for whom talking tough is always light hearted. It was no different on June 12 when he attended a post-budget reading breakfast meeting organised by …
Read More »THE LAST WORD: Behind the 2017/18 budget
How money is an important a political resource that allows Museveni to manage power The Last Word | ANDREW MWENDA| Last week, the government presented the national 2017/18 budget totalling Shs24 trillion in spending. For many commentators on the Ugandan traditional and social media scene, the budget is as an economic …
Read More »ECONOMY: Museveni optimistic Kasaija’s budget will deliver
President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …
Read More »LIVE: Matia Kasaija’s Sh29 trillion budget
LIVE: The Minister of Finance, Planning and Economic Development Matia Kasaija has read out a Shs29 trillion 2017/18 national budget for Uganda. Kasaija read the budget to parliament on behalf of President Yoweri Museveni. (READ FULL BUDGET HERE click) Before that, the Minister of Works tabled the Civil Aviation Authority amendment bill 2017 …
Read More »LIVE: Museveni delivers State of the Nation Address 2017
In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni on Tuesday delivered the State of the Nation Address, 2017. The president mainly gave accountability on particular government commitments and appraised the country of the plans and strategies for the …
Read More »Making sense of Uganda’s current economic struggles
Kampala, Uganda| CSBAG| Every time a government official comes out to explain why the economy is poorly performing, they cite external and natural factors. These range from slow growth in China, to fall in commodity prices, tight financing conditions in Europe, and geo-political events such as Brexit and U.S politics. …
Read More »Man United ranked as Europe’s most valuable club
London, United Kingdom | AFP | Manchester United have been rated as Europe’s most valuable club by a new report into the financial muscle of the continent’s top teams. The report by professional services firm KPMG looked at the finances of 39 clubs based on their popularity on social media …
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