Kampala, Uganda | THE INDEPENDENT | The interdicted Chief Executive Officer of Lotteries and Gaming Regulatory Board, Edgar Gerald Agaba has dragged the Government Spokesperson Ofwono Opondo to court for defamation. Agaba in his suit before the High Court Civil Division in Kampala is accusing Opondo for uttering defamatory statements …
Read More »Gov’t losing Billions in procurement delays – Kasaija
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has lashed out at government entities, saying their culture of slow procurement processes means the country is losing billions of shillings. Kasaija, who spoke at the 2019 public procurement sector performance review conference in Kampala on Thursday, said at …
Read More »Gov’t yet to decide on Jinja express highway financing
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has told Parliament that the Cabinet is yet to take a decision on the financing of the Jinja Express highway. The Jinja Express Highway which will be constructed at a cost of 1.1 billion dollars …
Read More »Road user satisfaction improves across Uganda – Report
Kampala, Uganda | THE INDEPENDENT | Road users’ satisfaction has improved across Uganda, according to the 2019 National Road Users’ Satisfaction Survey findings released this morning by the Uganda Road Fund. The National Survey gauged the satisfaction of road users in terms of road width, their safety, signage, markings, availability of …
Read More »Gov’t not frustrating constitutional amendment bill- minister Ajedra
Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance-General Duties, Gabriel Ajedra has dismissed claims by Shadow Attorney-General Wilfred Niwagaba that he was denied a Certificate of Financial Implications for the Constitutional Amendment Bill, 2019. Niwagaba sought a certificate for his Bill immediately after being granted leave by parliament …
Read More »Works Minister tables wrong certificate of financial implication for Road Safety Bill
Kampala, Uganda | THE INDEPENDENT | The Minister for Works and Transport, Eng. Monica Azuba has been accused for tabling the Traffic and Road Safety Bill, 2019 with the wrong certificate of financial implications. Azuba tabled the Bill in July for its first reading and the committee on Physical Infrastructure …
Read More »Ugandans are much richer-UBOS
Kampala, Uganda | THE INDEPENDENT | Ugandan economy is bigger than previously estimated, with new numbers showing Ugandans are much richer than had been thought, according to Uganda Bureau of Statistics (UBOS). According to UBOS, they rebased the economy using the prices of 2015/16 financial year. This saw Uganda’s size …
Read More »Gov’t tells Ugandans to stay away from cryptocurrencies
Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija has issued a strong warning to Ugandans investing in cryptocurrencies, saying the government does not recognize them and citizens are on their own. A Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of …
Read More »Gov’t working to revive talks in collapsed oil companies’ deal
Kampala, Uganda | THE INDEPENDENT | The government of Uganda is working behind the scenes to revive talks in the collapsed oil companies’ deal. Minister of Finance, Matia Kasaija confirmed that government is pushing to see that oil companies go ahead to conclude their deal, a move that could breathe …
Read More »Customers Bank deposits now protected up to UGX 10m
Kampala, Uganda | THE INDEPENDENT | The government has increased the deposit insurance limit from the current 3 million to 10 million shillings. This is the amount of money that is put aside to cater for misfortunes like the closure of a bank, as a guarantee that depositors can be …
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