Surprises in 2018 budget:mFinance Ministry makes right moves, but timing could be wrong Kampala, Uganda | JULIUS BUSINGE | For years now, Uganda’s budget making process has been dominated by debates about four contentious issues; the government’s huge investment in infrastructure, domestic resource mobilisation, the size and rate of external …
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London, United Kingdom | AFP | Premier League leaders Manchester City have more financial muscle than any other club in world football, according to a study that sees English clubs dominate the top 10. The Soccerex Football Finance 100, which ranks the world’s top teams based on both their playing and …
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YEAR IN REVIEW: June 2017 Kampala, Uganda | THE INDEPENDENT | June 8: This is traditionally the budget-reading month and Matia Kasaija, the Minister for Finance, Planning and Economic Development read a Shs29trillion National Budget. The government increased budgetary allocations to the Science and Information Technology sectors. Earlier on June 6, …
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JOBS: Finance and Operations Manager IRC Uganda Kampala, Uganda | THE INDEPENDENT | Finance and Operations Manager to be responsible for overseeing financial management for IRC in Uganda. JOB: Maintaining reliable records and books of accounts reflecting the true financial state of IRC Uganda at all times. As well as ensuring …
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Sao Paulo, Brazil | AFP | Formula One world champion Lewis Hamilton on Wednesday dismissed a row over his avoidance of taxes on a luxury jet, saying he’s only thinking about this weekend’s Brazilian Grand Prix. “I’m just solely focused on trying to win this race this weekend. I still have …
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What the 2017 –2022 government strategy means to Uganda Kampala, Uganda | ISAAC KHISA | Uganda’s central bank in partnership with the Ministry of Finance, Planning and Economic Development has unveiled a five-year financial inclusion strategy to enable more individuals and business access affordable financial products and services. The Uganda National …
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Washington, United States | AFP | The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission. Treasury Secretary Steven Mnuchin said the huge Washington-based institution is inefficient and can be more effective in the nearly $60 …
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Washington, United States | AFP | Remittances, a major source of revenue for the world’s poorest countries, are due to grow again this year after falling two years in a row, the World Bank said Tuesday. Such cash transfers to low and middle-income countries are on course to rise by …
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Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has declared 11.23% interest rate on members’ savings for the financial year 2016/2017, lower than the 12.3% paid out for FY2015/2016. Officials said the lowering of interest rate was because of a bad economy that affected its …
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VIDEO: Finance PS: Government has no money to run new districts Kampala,Uganda | NTV | There is no money for the newly created districts, this according to the Permanent Secretary of the Ministry of Finance, Keith Muhakanizi. He was appearing before the legal and Parliamentary affairs committee of Parliament. Also before …
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The Independent Uganda: You get the Truth we Pay the Price