Kampala, Uganda | THE INDEPENDENT | Members of Parliament have quizzed officials from the Ministry of Finance, Planning and Economic Development over the skyrocketing fuel prices in the country. The MPs on the Committee of Finance believe that the ongoing fuel crisis would have been averted if the county’s oil reserves were …
Read More »MPs put finance ministry officials to task over fuel prices
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have questioned officials from the Ministry of Finance, Planning, and Economic Development over the skyrocketing fuel prices across the country. Fuel prices have been rising sharply since early last year but since the beginning of this month, they have …
Read More »MPs asked to review electricity, water tariffs
Kampala, Uganda | THE INDEPENDENT | The Gateway Research Centre, a non-profit organisation has asked Members of Parliament to review the electricity and water tariffs saying it is greatly affecting the growth of businesses. The organization led by Susanie Nannozi Ggoobi, the Executive Director states that the Parliament of Uganda and …
Read More »UNOC to retain money from petroleum sale in new Bill
Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. During the Tuesday plenary sitting chaired by Deputy Speaker Anita Among, legislators amended the …
Read More »Parliament passes Income Tax Amendment Bill 2021
Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Income Tax (Amendment) (No. 2) Bill, 2021 which provides for windfall tax and limitations of deductions on petroleum operations. The bill, presented by Minister of State for Finance (General Duties), Henry Musasizi, was passed during plenary sitting on Tuesday, 14 December …
Read More »Deputy speaker issues ultimatum for committee to present Public Finance Management Bill
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among, has directed the House Committee on Finance and Planning to present a report on the Public Finance Management Bill, next week on Tuesday without fail. The Bill was more than a month ago tabled before parliament for consideration …
Read More »MPs pledge to increase NMS annual budget by UGX 100Bn
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the committees of finance, budget and health say there is a need to increase the annual budget of National Medical Stores-NMS by an additional 100 billion shillings. They note that the agency’s budget for essential medicines has stagnated around shillings 200billion …
Read More »Bamba-Babwisi communities seek to reoccupy part of Semuliki national park
Kampala, Uganda | THE INDEPENDENT | Over 10,000 community members of the Bamba- Babwisi tribe in Bundibugyo district have renewed calls for resettlement in the ancestral land from which they were evicted. The land in question was part of Matongo Forest-present-day Semuliki National Park. The Bamba-Babwisi people occupied about 125 square …
Read More »MPs decry slow pace of key electricity projects
Ntungamo, Uganda | THE INDEPENDENT |Members of Parliament have expressed concern over the delays registered in the execution of electricity projects across the country. They argue that procurement delays, change of contractors, and compensation issues are frustrating electrification programmes and keeping a sizeable population in darkness. The concern was raised …
Read More »MPs query uninterrupted power exports amidst unstable local supply
Ntungamo, Uganda | THE INDEPENDENT | Members of the Natural Resources Committee of Parliament have questioned continued power interruptions in the country in contrast to uninterrupted power exports. The MPs who were on a field trip to Western Uganda to ascertain the level of electricity penetration in the area, expressed the …
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