Economy
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The Minister of Local government Raphael Magyezi is calling for a ban on both public and civil servants from possessing market stalls in public markets. MAGYEZI tabled the proposal before parliament's committee on public service and local government while presenting the ministry's views on the markets bill 2022. Magyezi says the law banning politicians, civil [...]
Government failed to spend 3.1 trillion shillings in the last financial year. This was revealed by the auditor general John Muwanga while handing over the audit report for the last financial year to the deputy speaker of parliament Anita Among. The acting assistant auditor general in charge of audit Edward Akol says failure to spend [...]
Government has unveiled a plan to impound imported counterfeit mobile phones currently sold in shops around the country. The State minister for ICT and National Guidance Godfrey Kabbyanga Baluku made the disclosure while appearing before the parliamentary committee on ICT chaired by Budiope East member of parliament Moses Magogo. The committee is handling a petition [...]
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Members of Parliament have opposed a government move to buy out Umeme. UMEME was granted a 10-year concession in 2015 and has so far invested 547.5m dollars. However government has not indicated any interest in renewing the concession which expires in 2025. The Ministry of Energy has however sought a budget of 256.2 billion Shillings [...]
Members of Parliament have opposed a government move to buy out Umeme. UMEME was granted a 10-year concession in 2015 and has so far invested 547.5m dollars. However government has not indicated any interest in renewing the concession which expires in 2025. The Ministry of Energy has however sought a budget of 256.2 billion Shillings [...]
The Uganda Revenue Authority posted a revenue shortfall of 690.3 Billion Shillings in the first four months of the 2021/22 financial year. According to the target given by the Ministry of Finance, URA was supposed to have collected a total of 6.8 trillion shillings by October, However, only 6.1 trillion shillings was collected. A breakdown [...]
The reopening of the Old Taxi Park remains uncertain. In May 2020, Kampala Capital City Authority-KCCA started renovations in the park and planned to complete the works in three months. However, to date, the park remains closed with works partially done. KCCA Council resolved to open the park on October 20 as works continue, a [...]
Business at the Malaba border point has come to a halt as truck drivers strike enters a third day. The truck drivers are protesting against the mandatory fee of Ugx100,000 (3,600 Kshs.) charged for COVID-19 testing as they cross into Uganda. The drivers who started the silent strike on Monday have since parked their trucks [...]
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Nathan Byanyima, the Bukianga North MP demanded an explanation from the Ministry of Finance in regard to the source of the new money that is going to be used for the oil roads and what their plan is regarding maintenance of different roads across the country that are in a poor state.
The government has tabled before parliament the national budget framework paper for the coming financial year 2022/2023. The proposed resource envelope totals 43 trillion Shillings - The document was tabled by the Minister of State for Finance- General Duties, Henry Musasizi. Speaker Jacob Oulanyah referred the framework paper to different sectoral committees of parliament for [...]
