Members of Parliament on the Public Accounts Committee have queried BIDCO Uganda’s failure to clear Value Added Tax (VAT) worth 744 million Uganda shillings when it’s provided with free land for growing palm oil seeds for oil extraction in Kalangala and other areas. MPs were interfacing with the officials from the ministry of finance led […]
Makerere University Academic Staff Association (MUASA) has given government an ultimatum to pay their June salaries within 2 days or they take further steps in getting their concerns addressed. MUASA chairperson, Dr. Muhammad Kiggundu said it is unfair for the finance ministry to keep the staff waiting yet they have necessities to pay and that they depend […]
The state minister for micro finance Haruna Kyeyune Kasolo has warned the staff under the Project for Financial Inclusion in Rural Areas ( PROFIRA) in the ministry of finance not to divert funds meant for the building the capacity of SACCOS in rural areas for their own use because the long arm of the law will catch them. The […]
Members of parliament on the parliamentary committee on finance have grilled Bank of Uganda and the ministry of finance officials over missing accountability of 200 billion shillings given to bank of Uganda for recapitalization in the ending financial year. This was discovered by members of parliament while meeting the minister of state for planning David Bahati […]
The United Nations entity for Gender equality and the empowerment of women has opposed the proposal by the Ministry of finance to repeal the gender and equity certificate from the public finance management act. The gender and equity certificate requires every ministry to have a gender component in its budget estimates. Speaking at the breakfast meeting for MPs in […]
The parliamentary Public Accounts committee has grilled the officials in the Ministry of finance over 46 billion shillings which is lying idle yet it was meant for Agricultural credit facility for commercial farmers. The committee chaired by Jinja East Member of Parliament Paul Mwiru noted that 46 billion shillings of the Agricultural credit facility is idle […]
The Minister of Finance has finally sacked the former Vice President of Uganda, Specioza Kazibwe and appointed a new board to head the Micro Finance Support Center Limited for the next three years. The new board members are chaired by the Ministry of Finace’s Deputy Secretary to Treasury Keith Muhakanizi. Other members on the new […]
The UPDF veterans now have all the reasons to smile, start off businesses or marry wives because statehouse and the UPDF have pledged to give them loan starting next financial year. A source working in the office of the presidential advisor in charge of the UPDF has told our informer that president Museveni has directed […]
The Public Accounts Committee is to investigate in details the circumstances under which Burundi Government was paid 14 Million Dollars compensation in exchange of supplied material to President Museveni’s National Resistance Army rebels during the bush war (1981-1986) and after the liberation war, the support was converted into a national debt. During the Committee meeting Chaired by […]
Members of Parliament on the Tourism and Trade committee today threw out officials from the Ministry of Finance over inconsistencies in their reports. The MPs questioned State Minister of Finance, Aston Kajara over the criteria used by the ministry to select Enterprise Uganda and DFCU bank to disburse the 25 billion shillings allocated for youth […]