Kampala, Uganda | THE INDEPENDENT | Uganda is on the way to being removed from the warning list of a global financial Industry monitoring agency, but experts warn of new challenges. The Financial Action Task Force, FATF, has commended the country for the measures it has put in place to …
Read More »Kasubi murders: Former street kid convicted
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has convicted Musa Musasizi, a former street kid, for the murder of his girlfriend, Macklean Ahereza. Musasizi pleaded guilty to strangling Ahereza to death at his home in Mujooba Zone Six, Kasubi Nakulabye, Kampala District. Upon his arrest in …
Read More »Finance Ministry releases Sh22 billion of Sh80 billion needed for medical interns
Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance, in charge of General Duties, Henry Musasizi has said that sh22 billion has been released to the Ministry of Health to pay and deploy the interns. Health Minister Ruth Aceng however said the sh22 billion is not enough. She …
Read More »Parliament considering moratorium on ministerial tax waivers, exemptions
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have proposed a moratorium on the powers of Ministers to grant tax waivers and tax exemptions to individuals and companies operating businesses in the country. The legislators are concerned over the persistent requests from the government for additional funds from Parliament …
Read More »SH51.9 TRILLION: Uganda’s 2023-2024 budget revised
Kampala, Uganda | THE INDEPENDENT | The government’s amendment to the proposed budget for the financial year 2023/2024, indicates an increase in the resource envelope from 50.9 trillion to 51.9 trillion Shillings. Henry Musasizi, the Minister of State for Finance- General Duties tabled the document on Wednesday during the plenary …
Read More »Accountants push for priority spending as Govt suspends borrowing
Kampala, Uganda | THE INDEPENDENT | Professional accountants have joined efforts to push for better public finance management practices to support economic development. This comes as the government insists that there will be no new loans contracted in the next three years starting with the financial year 2023/24 as the …
Read More »Musasizi defends decision to tax Twitter and Netflix
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance (General Duties) Henry Musasizi, has defended the proposal to impose a 5% tax on the gross income earned by international digital companies in Uganda. Musasizi alongside other officials from the Ministry of Finance appeared before Parliament’s Finance Committee …
Read More »Banyakigezi slam Minister Musasizi for opposing creation of ‘ Kabale City’
Kabale, Uganda | THE INDEPENDENT | A section of locals and stakeholders in Kigezi region are demanding that Henry Ariganyira Musasizi, State minister of Finance for general duties withdraws and apologises for his statement about the creation of Kabale City. On February 12, 2022, while at his thanksgiving ceremony at …
Read More »We never received iron sheets from Minister Musasizi – Rubanda schools
Rubanda, Uganda | THE INDEPENDENT | Administrators of schools in Rubanda district have disassociated themselves from reports that they benefited from iron sheets that were obtained from the Office of the Prime Minister by the State for Finance, in charge of General Duties, Henry Musasizi. The iron sheets were meant …
Read More »Museveni’s electric buses, the dreams versus reality
President Yoweri Museveni has once again said Ugandans need to shift to electric vehicles. COVER STORY | THE INDEPENDENT | In a televised address on July 20, the President said shifting to electric vehicles is one of the long lasting solutions Uganda needs to adapt to cope with the current …
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