By mugisa geofrey on June 12, 2018
Matia Kasaija, Ministry of Finance, sarah loan, Uganda national budget
Business & Finance, Business news
Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present a 30.9 trillion Uganda shilling (USD$8 billion) budget. Sarah Logan an Economist, at the International Growth Centre examines the economic context of Uganda’s annual budget and the associated challenges. What is the […]
By mugisa geofrey on June 12, 2018
ATR, ministry of public works and transport, patrice bauebo, uganda airlines
Business & Finance, Business news
Uganda is seeking a budget of $ 388 million by September 2018 to restart Uganda Airlines in cessation of activities since 2001. The national company will therefore resume its activities in the fourth quarter following approval by the Cabinet of a master plan indicating the modalities of resumption of flights from the hub of Entebbe to East Africa and […]
By Isaac Senabulya on June 1, 2018
2018/19 financial year budget
Agriculture, Business & Economics, Business & Finance, Business news, Education, Education, Education, Education & Students, Featured, Finance, Housing & Real Estate, Latest Uganda News, Oil, Politics, Regional
Parliament has finally passed the budget for the financial year 2018/19 worth 32.5 Trillion shillings. The passed budget includes the recurrent Expenditure of 9.4 trillion shillings, Development Expenditure of 13 trillion shilling s and statutory expenditure of 10 trillion shillings. Parliament also passed the Appropriation Bill, 2018, authorizing the public expenditure from the consolidated fund worth […]
By Isaac Senabulya on May 24, 2018
Parliament of Uganda, Rebecca Kadaga, The Speaker of Parliament, Uganda Women Entrepreneurship Programme (UWEP), women enterprise fund
Agriculture, Business & Economics, Business news, Culture & Heritage, Finance
The Speaker of Parliament Rebecca Kadaga has directed government to stop using funds meant for the Women Enterprise Fund to train local government officials about the project. Kadaga made the directive at a workshop that was updating members of parliament on the implementation of the Uganda Women Entrepreneurship programme at parliament. She said that the local […]
By Isaac Senabulya on May 23, 2018
Parliament, Tax procedures Code Amendment bill 2018
Business & Economics, Business & Finance, Business news, Finance, Laws, Laws of Uganda, Politics
Parliament has passed the Tax procedures code amendment Bill 2018. The Bill provides for the manner in which tax returns are to be furnished to the Revenue Authority. It also requires licensed persons in the business of casinos, lotteries and gaming to furnish weekly and monthly returns in order to manage risk as payouts are done […]
By Isaac Senabulya on May 17, 2018
Uganda Investment Authority
Business & Economics, Business & Finance, Business news, Finance
Uganda Investment Authority has noted an increase in the number of Ugandans investing in their own country. Giving a quarterly report on the licensed projects for the last 9 months, the authority’s investment director, Lawrence Byensi said out of the targeted 225 projects for this financial year, the authority has seen 193 projects registered which represents […]
By Derrick Senyonga on May 8, 2018
Hima Cement
Business & Finance, Business news, Human Rights
Hima cement and its partner suppliers Lafarge have been asked to compensate former child laborers who used to work in the Lafarge stone quarry in Harugongo Kabarole district. Addressing journalists together with the human rights network, the team leader Tweraneho listeners club, Gerald Kankya said it was timely to compensate and support these children for the […]
By mugisa geofrey on April 26, 2018
David Bahati, Francis mukula, John Bagoole, Joseph Ssewungu, Judith Franca Akello, Members of Parliament, moses walyomu, Nathan Nandala mafabi, Parliament of Uganda, Parliamentary Committee on Finance
Business news, Finance, Latest Uganda News
Members of Parliament on the finance committee have opposed government’s proposal to tax Saccos and individuals engaged in agriculture. The proposals that also include a ban on importation of vehicles older than eight years are contained in tax bills for the financial year 2018/2019. The eight tax bills, which are being considered by the Parliament […]
By Isaac Senabulya on April 12, 2018
Uganda National chamber of commerce and industry
Business & Economics, Business news, Latest Uganda News
The National Chamber of Commerce and Industry’s invisibility has raised concern among members of parliament. The Vice Chairperson of the parliamentary Trade committee who is the woman member of parliament for Apac district, Betty Engola, while meeting the private sector foundation Executive Director, Gideon Badagawa, questioned why the Uganda National chamber of commerce and industry […]
By Isaac Senabulya on April 9, 2018
Bank of Uganda, governor bank of Uganda Prof. Tumusiime Mutebire
Business & Economics, Business & Finance, Business news, Finance
Bank of Uganda has acknowledged a more positive Economic growth outlook in Uganda than it was forecasted in the February monetary policy committee meeting. While releasing April monetary police statement today, the governor bank of Uganda Prof. Tumusiime Mutebire said that Uganda’s economic growth is projected to grow by 6.5% in the next three years. He said […]
