Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Loans saga: Matia Kasaija and his team at the Finance Ministry find themselves in a very tight corner as they look for Shs29.2 trillion to finance a new budget BUSINESS Inside the SGS contract saga: …
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IN THE INDEPENDENT THIS WEEK: The politics behind calls to censure Kasaija, fire Muhakanizi Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE Independent. COVER STORY Shs700bn loan saga: The politics behind calls to censure Kasaija, fire Muhakanizi EDUCATION O’ level science subjects: Why …
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Kampala, Uganda | GODFREY SSALI | The Speaker of Parliament Rebecca Alitwala Kadaga has directed the Auditor General John Muwanga to conduct a special audit into the account of the Treasury, to establish how and where the $200 million that was meant to purchase drugs was spent. Kadaga ruled on …
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But will he achieve the Shs 20 trillion in savings by 2022? Kampala, Uganda | JULIUS BUSINGE | Richard Byarugaba was recently re-appointed as the managing director of the National Social Security Fund for another five-year term. His performance in the first term seems to have impressed his supervisor – the …
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THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
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Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …
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Kampala, Uganda | JULIUS BUSINGE | On Sept. 26, the National Social Security Fund (NSSF) broke the ground to construct 2, 740 housing units in Lubowo – about 16 kilometers away from Kampala city. The new project is being constructed on the 565 acres of land and it is a build …
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Cash handouts, secret age-limit talks and more Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s countrywide tour that he says is aimed at defusing what he called “toxic” information about the Land Amendment Bill before Parliament has run into trouble with experts and opposition politicians. Edmond Owor, the …
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Experts debate fate of finance-starved long-term funder UDB Kampala, Uganda | IAN KATUSIIME | “Should the Uganda Development Bank (UDB) seek capital from the government only? How should it work around Uganda’s short-term investment culture? Should it operate like a private sector bank or continue as the government’s band-aid effort …
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Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
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