Kampala, Uganda | THE INDEPENDENT | Uganda’s application to join the Extractive Industries Transparency Initiative (EITI) has been approved, a move that is expected to make open the deals Uganda has signed with different organizations in the oil and gas sector and other natural resources. Uganda becomes the 54th member …
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Kampala, Uganda | THE INDEPENDENT | The Workers MP Sam Lyomoki has said there are plans to sabotage the National Social Security (NSSF) amendment Bill 2019 that seeks to allow for midterm access to members savings. The bill among other things proposes for midterm access for savers of 45 years …
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Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Member of Parliament of Buyanja County in Kibaale district has said that he does not intend to seek another term if re-elected into office in 2021. Kasaija who doubles as the Minister of Finance, Planning and Economic Development said that the …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has directed the Minister of Finance Matia Kasaija to table before the House regulations to start the implementation of Islamic banking by 21st July. Kadaga’s directive followed a matter of national importance raised by Kawempe North MP Latif …
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Kampala, Uganda | THE INDEPENDENT | The Minister for Finance Matia Kasaija has told Parliament that the government does not have money to pay Ugandan traders who supplied goods to South Sudan. In 2019, Parliament approved 900 Billion shillings for traders that supplied goods and services to the South Sudan government …
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Masindi, Uganda | THE INDEPENDENT | The Ministry of Lands has intervened in a wrangle between Uganda Investment Authority-UIA and over 2,000 residents over a contested piece of land in Masindi district. The land measuring approximately 60 square miles is situated in Kimengo sub-county Masindi district. More than 2,000 people …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers’ Association has said that commercial banks have restructured loans to a tune of 2.02 trillion Shillings as a result of the effects of the COVID-19 lockdown on businesses. According to the Association’s Executive Director Wilbrod Owor, in the first month of restructuring, …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has summoned the Minister of Finance Matia Kasaija to explain the variance in figures presented during his budget speech which was presented last week. This follows an observation of inconsistencies in the figures that were approved by Parliament …
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Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation and Civil Society Organisations have welcomed the budget saying it reflects Uganda’s current situation and looks at reviving vital sectors. On Thursday, the Minister for Finance Matia Kasaija passed 45 trillion shillings budget for the 2020/2012 financial year. Dr Elly …
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Kampala, Uganda| AFP | THE INDEPENDENT | President Yoweri Kaguta Museveni has said government is discussing the possibility of having distance learning as the world battle the Coronavirus (COVID-19). Museveni was today speaking at the reading of the 45 trillion shillings national budget. The President said he is glad that the …
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The Independent Uganda: You get the Truth we Pay the Price