Kampala, Uganda | THE INDEPENDENT | Parliament has asked government to develop mechanisms that will ensure the country returns to a low risk of debt distress. During plenary on Tuesday, 30 August 2022, Parliament approved two reports of the Committee on National Economy on the State of Indebtedness, Grants and Guarantees …
Read More »Cap external borrowing, advises Committee on National Economy
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on National Economy proposed in a report to cap the minimum amount for external borrowing to above US$20 million to minimise costs related to contracting loans and maximising the benefits. The report was presented by the committee vice chairperson, Robert Migadde, during a plenary …
Read More »MPs approve Shs266 billion loan for heart institute
Kampala, Uganda | THE INDEPENDENT | Parliament has approved a US$70 million loan for the construction of a state of the art facility to house the Uganda Heart institute. A loan request brought by government to collectively borrow US$70 million from the Arab Bank for Economic Development in Africa, Saudi Fund …
Read More »16 ACDP facilities idle in Bushenyi
Bushenyi, Uganda | THE INDEPENDENT | Sixteen value addition facilities belonging to farmers cooperative societies in Bushenyi district under the Agriculture Cluster Development Project-ACDP have remained idle almost 5 years since completion. The facilities were established to help 9,750 farmers across the district with the market for their produce and subsidized …
Read More »Mpigi farmers fail to utilise agriculture development funds
Mpigi, Uganda | THE INDEPENDENT | Farmers in Mpigi district have not made use of the six year World Bank funded, Agriculture Cluster Development Project (ACDP) which is in its completion stage. The discovery was made by Members of Parliament on the Committee on National Economy during an oversight visit in …
Read More »Parliamentary SACCO elects new leadership
Kampala, Uganda | THE INDEPENDENT | MPs and staff of the Uganda Parliamentary Savings and Cooperative Society (Parliamentary SACCO) on Friday, 19 November 2021 elected a new governing board. The new team which was voted for during the 17th Annual General Meeting at Parliament House will hold office for four years with …
Read More »Parliament tasks energy minister to explain increasing fuel prices
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among has asked the Minister of Energy and Mineral Development to present a statement on Wednesday next week regarding the rising fuel prices. The pump price for petrol has in the last few weeks been increasing and is currently …
Read More »House approves taxes on rental premises, fish maw
Kampala, Uganda | THE INDEPENDENT | Parliament on Monday approved several new tax measures including an 8 percent levy on fish maw exports, 5 percent levy and 10 percent levy on processed gold and unprocessed minerals respectively. The House also approved a proposal for landlords to file separate returns from each rental …
Read More »Buvuma police headquarters closed after 10 suspects test positive for COVID-19
Buvuma, Uganda | THE INDEPENDENT | Buvuma District Police headquarter has suspended operations after 10 suspects tested positive for COVID-19. The suspects, who were transported to Mulago Hospital on Monday arrested on Friday for different charges. They were supposed to be arraigned before the Grade I Magistrates court on Monday. …
Read More »Buvuma district Covid-19 task force receives boat from area MP
Buvuma, Uganda | THE INDEPENDENT | Buvuma district Covid-19 Task force has received a boat to facilitate the transportation of essential health equipment and serve as an ambulance for referrals cases to the mainland thanks to the Buvuma County Member of Parliament, Robert Migadde. The boat has capacity of carrying …
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