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The News Today

Corporate transparency

Experts release a guide for beneficial laws in Uganda Kampala, Uganda | THE INDEPENDENT | Corporate opacity presents a key vulnerability in the Ugandan economy,  contributing to the Shs2 trillion (US$550 million) in illicit financial flows (IFFs) lost each year, according to a joint report released by Global Financial Integrity …

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MUSEVENI: No subsidies, no tax cuts

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda cannot take the risk of cutting subsidies and removing taxes from imported products. “That would be definite suicide. It will deplete both family savings and National Reserves, leading to the inability to pay for imports,” he said in …

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Parliament approves Sh618bn supplementary budget

Supplementary Budget for FY 2021/2022 ➡Shs86.3bn for Office of the President to cater for external financing from EXIM Bank for the National Science, Technology, Engineering and Innovation Skills Enhance Project ➡Shs77bn for State House for classified expenditures, ➡Shs64.4bn for UPDF to facilitate Operation Shujaa in DRC and Shs87.5bn for operations …

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Weary Ugandans shun COVID-19 booster doses

Kampala, Uganda | THE INDEPENDENT |  The majority of Uganda who were fully vaccinated against COVID-19 have not received booster doses as recommended by health professionals. Records from the Ministry of Health show that more than 10.2 million people representing 48 percent of the targeted 22 million people were fully vaccinated …

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