David Bahati

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Goverment to spend Shs700bn in 2021 General Elections

Goverment to spend Shs700bn in 2021 General Elections

The government will spend Shs700bn in the coming 2021 general elections, according to the State Minister for Finance in charge of Planning, David Bahati. Minister Bahat made this revelation on Thursday while appearing before the Local Government and Public Service committee. This came after the minister was summoned alongside the Ministry of Local Government to […]

Uganda in Shs41 trillion debt

Uganda in Shs41 trillion debt

The State Minister of Finance for Planning, Hon David Bahati, has declared that Uganda’s public debt is at Shs41 trillion, which is an equivalent of US$10 billion. In a statement to Parliament read by Bahati, government also said the debt stock has increased from US$2.5 billion in the 2006/2007 financial year to US$10.7 billion by the end […]

Social media tax here to stay, government

The cabinet of Uganda has agreed to retain the taxes that were imposed on social media and mobile money and only a revision in the latter will be considered. According to the Uganda minister of information and communication technology, Frank Tumwebaze, the mobile money tax is to be reduced from 1 to 0.5 percent charged […]

President Museveni reduces mobile money tax to 0.5%, insists on social media tax

President Museveni reduces mobile money tax to 0.5%, insists on social media tax

This follows an outcry and anger from the citizens who,  rather than make mobile money transactions as was before the taxes, prefer to use public means such as motorcycles, taxis to transfer money as they found it cheaper to travel than incur the extra costs that come with the tax. For social media, users have […]

MPs lose million in phone hacking scandals, want UCC and Police to intervene

MPs lose million in phone hacking scandals, want UCC and Police to intervene

Several Members of Parliament have made a cry to Police and Uganda Communication Commission to intervene in the ongoing scams that are highly targeting them and other high profile people by con-men. This comes at a time when cases of fraud are apparently being reported by almost every MP about thugs that hack into their […]

Parliament passes the Tax procedures Code Amendment Bill 2018

Parliament passes the Tax procedures Code Amendment Bill 2018

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 […]

Government apologies for delay in releasing nodding disease funds

Government apologies for delay in releasing nodding disease funds

Government has apologized for the delay in releasing the approved funds for treatment and management of nodding disease. The minister of State for Planning, David Bahati made the apology after the MP for Tochi County, Peter Okot, raising the matter on the floor of parliament. Bahati said that the Ministry of Finance is to sign […]

Members of parliament oppose new taxes introduced by government

Members of parliament oppose new taxes introduced by government

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 […]

Parliament orders repair of dilapidated Ugandan Embassy in Brussels

Parliament orders repair of dilapidated Ugandan Embassy in Brussels

The Ugandan Parliament has ordered government to avail Shs 5 billion that will be used to repair the dilapidated Ugandan Embassy in Brussels, Belgium. The member of parliament for Gulu municipality, Hon. Lyandro Komakech told parliament during a plenary sitting on Thursday 12 April 2018 that the state of Uganda Chancery in Brussels is in […]

Provide fuel for Graders, Bujumbura County MP asks Government

Bujumbura County MP Fred Turyamuhweza demands government to allocate sufficient funds for the purchase of fuel to run graders that will repair rural roads damaged by heavy rains. He told parliament that most of the rural roads especially in Rukinguri have broken down due to heavy rains and lack of periodic maintenance. He said that […]