The powerful people behind Bemanya Kampala, Uganda | HAGGAI MATSIKO | Uganda Telecom Ltd (UTL) looks like a typical company in shambles. In April 2017 it run to court to block a petition seeking to wound it up partly owing to Shs709 billion debts it had accumulated over the years. …
Read More »
They see opportunities for business, economy in FY2019/2020 Kampala, Uganda | JULIUS BUSINGE | Conversations on the recently read new budget are gaining momentum amongst key players like chief executive officers of corporate firms. The executives, from key sectors of banking, manufacturing, industry, information technology, agriculture, trade are believed to …
Read More »
Why Shs40.5trilion may not deliver government promise of inclusive growth and shared prosperity Kampala, Uganda | JOSEPH WERE | Uganda on June 13 announced its biggest budget ever which, at Shs40.5 trillion (Approx. US$10.7 billion), has been described as ambitious and upbeat. But its promise it not matched by its …
Read More »
Researches, experts say there is limited evidence to show these offers attract investors Kampala, Uganda | PATRICIA AKANKWATSA | Tax incentives are part of Uganda government’s top priorities for attracting foreign investors and new businesses. From prospective investments in agribusiness to hospitality, and from steel to textile industries, tax incentives …
Read More »
It is pro-growth, pro-poor; what is important is pushing for its effective implementation Kampala, Uganda | JULIUS BUSINGE | On June 13, Minister for Finance, Planning and Economic Development, Matia Kasaija, delivered the Shs40trillion National Budget for the Financial Year 2019/2020 under the theme “Industrialization for job creation and shared …
Read More »
It aims at putting citizens at the centre of its formulation, implementation Kampala, Uganda | JULIUS BUSINGE | “The budget is no longer interesting to us. We no longer listen to it because it does not give information that we want as farmers. Many years ago, the minister would read …
Read More »
Kampala, Uganda | THE INDEPENDENT | Government plans to collect 20.4 trillion Shillings with over 18.87 trillion coming from tax revenues in the coming financial year. Only 1.5 trillion Shillings is expected from Non-Tax Revenue (NTR) sources, so as to finance the 10.48 trillion Shilling 2019/2020 financial year budget. Uganda …
Read More »
▶ THEME: Industrialization for Job Creation & Shared Prosperity 💠 2019 – Sh40 trillion 💠 2018 – Sh32 trillion 💠 2017 – Sh22 trillion 💠 2016 – Sh20 trillion ▶ Domestic financing 74.5 percent ▶ External Financing 25.5 Top ✅ Works-Transport Sh6.4 trillion ✅ Security 3.6 trillion ✅ Education 3.2 trillion Bottom …
Read More »
Kampala, Uganda | THE INDEPENDENT | The World Bank has approved $500 million (1.8 trillion Shillings) to support Uganda’s Refugee Programme. The grant will support Refugees and Refugee host communities through development projects that will support services such as Education and Healthcare. The World Bank Vice-President for Africa, Hafez Ghanem …
Read More »
How our MPs invented a scandal around Uganda Airlines’ shares and our chattering elites joined the chorus THE LAST WORD | ANDREW M. MWENDA | Those who can make you believe absurdities can make you commit atrocities,” Voltaire Last week, our parliamentar- ians alleged that some unscrupulous ministers had stolen …
Read More »
The Independent Uganda: You get the Truth we Pay the Price