Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has granted a cash bail of 10 million Shillings to the State Minister for Finance and Economic Planning Amos Lugoloobi. Lugoloobi is facing charges related to diverting iron sheets for the vulnerable people of Karamoja. On Thursday, the court …
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Kampala, Uganda | THE INDEPENDENT & URN | The Minister of State for Finance and Planning Amos Lugoloobi has been denied bail by the Anti Corruption Court. He has been remanded to Luzira Prison until Thursday April 20. Lugoloobi was arrested last week in relation to diversion of iron sheets for people …
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Kampala, Uganda | THE INDEPENDENT & URN | The Minister of State for Finance and Planning Amos Lugoloobi has been brought for trial at court, that as been jammed by his supporters from the constituency. Court is set for 2pm. Lugoloobi was arrested last week in relation to diversion of …
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Kayunga, Uganda | THE INDEPENDENT | FINCA Uganda and the National Forestry Authority (NFA) have partnered to restore 60 hectares of forest land in the country in the next five years. This corporate social responsibility program to commemorate FINCA’s 30th anniversary in Uganda will involve restoration planting in 10 …
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➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …
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To borrow or not to borrow for infrastructure? Kampala, Uganda | IAN KATUSIIME | Julius Kapwepwe, the director of programmes at Uganda Debt Network, a debt monitoring NGO, Uganda’s national says, to control the country’s spiraling debt, the Ministry of Finance officials must ask themselves some questions every time they …
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‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …
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MPs task government to explain “loss” of tax payers’ money through incentives to specific companies as sh524 billion supplementary budget is tabled Uganda Parliament’s Budget Committee has tasked the Ministry of Finance to explain to them as soon as possible why government chose to help pay huge taxes for profit making companies. …
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The Independent Uganda: You get the Truth we Pay the Price