Kampala, Uganda | THE INDEPENDENT | A pleasant welcome awaits the freshly elected and re-elected members of Uganda’s parliament – all 520 of them. The Minister of Finance Matia Kasaija is hunting for sh165bn to avail Parliament a budget for MPs motor vehicle allowances in the 11th Parliament. Divided by about 520 …
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A peep into a powerful treatise that people in the free market movement need to ponder over THE LAST WORD | ANDREW M. MWENDA | Few books have gripped me as did Thomas Piketty’s economics blockbuster, Capital in the Twenty First Century. Published in 2015, I took long to read it …
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✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% Members to earn Sh1.14 trillion on their accounts Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has today declared an unexpected double …
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Kampala, Uganda | THE INDEPENDENT | As the country struggles to overcome of the effects of the recent lock-down to prevent the spread of the COVID-19 pandemic, Uganda’s export earnings increased for a second consecutive month to US$ 337.19 million in June 2020 from US$290.93 million in May 2020. The …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY 2021 election budget: Panic over jump from Shs400bn to Shs870bn THE WEEK Education: Gov’t scraps end of term exams , student projects introduced THE LAST WORD GDP and improved health: How sustained economic growth …
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Kabale, Uganda | THE INDEPENDENT | Works at Kabale Municipal council have been on a standstill following the freezing of its bank accounts by the Finance ministry. An officer from the Municipal’s Finance department told URN on condition of anonymity that the move followed an error from the finance ministry related …
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Kampala, Uganda | THE INDEPENDENT | The Parliamentary Budget Committee has recommended for the allocation of money to capitalise Uganda Development Bank-UDB. UDB is a public enterprise wholly owned by the Government. It is a Development Finance Institution that is focused on accelerating socio-economic development through sustainable financial interventions in …
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Kampala, Uganda | THE INDEPENDENT | Uganda has secured a 270 million Euros ( Sh1.2 trillion) loan from the French government to finance two water and sanitation projects in Greater Kampala and parts of south-western Uganda. The financing channeled through the French Development Agency (AFD), is to support access to …
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Washington, United States | AFP | An Iraq war veteran canceled his plan to crowdsource $1 billion to help President Donald Trump build a wall on the Mexico border Friday after raising only $20 million and drawing questions about his online activities. Triple-amputee veteran Brian Kolfage launched a GoFundMe account …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga plans to waive a requirement for a mandatory certificate of Financial Implication, to allow legislators present private members bills. Kadaga accuses the Ministry of Finance of using the requirement to deliberately frustrate private bills. Parliament Rules of Procedure provide …
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