NEWS

Kampala, Uganda | THE INDEPENDENT | The management of police Savings and Credit Cooperation –SACCO has extended the ban on acquisition of loans. Several police officers said they had tried to get loans or withdraw their savings but in vain. They added that police management led by the SACCO Chairperson …

Kampala, Uganda | THE INDEPENDENT | Uganda’s first locally made ventilator is heading to the clinical trial stage, according to the developers of the equipment. The ventilator called, ‘Bulamu’ is the first of its kind to be produced within the country to help in the fight against the coronavirus (COVID-19). …

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has announced the postponement of taxes worth 129.4 billion as a short term emergency relief measure to businesses affected by coronavirus pandemic. The taxes postponed include corporate income tax, Pay As You Earn (PAYE) and presumptive tax, which …

  Kampala, Uganda | THE INDEPENDENT | The government has slapped taxes on imported agricultural products. In the 2020/21 budget, Matia Kasaija, the Minister of Finance said he seeks to promote import substitution and develop local industries. He said the government has increased import duties on goods that are produced …

Kampala, Uganda | THE INDEPENDENT | Mobile money transactions hit the Shillings 7.2 trillion in March 2020 from Shillings 3.4 trillion in 2016. The Finance Minister Matia Kasaija disclosed this while presenting the 2020/2021 financial year budget estimates to parliament. He explained that the Information, Communication and Technology (ICT) sector …

Kampala, Uganda | THE INDEPENDENT | Court has directed Monica Komujuni, the former Manager Kenyan firm Hass Scientific and Medical Supplies Limited to refund US$ 42,000 (about 156M) for illegally donating a hematology analyzer to Naguru Hospital. In her judgment delivered on Wednesday, Justice Lydia Mugambe noted that Komujuni donated …

  Gulu, Uganda | THE INDEPENDENT | Farmers in Gulu district are yet to embrace the Electronic Voucher Management System (EVMS). The system was launched in January by the Ministry of Agriculture, Animals Industries and Fisheries to distribute agro-inputs to farmers through accredited dealers. This is part of the 150,000 …

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday observed a moment of silence in honor of Pierre Nkurunziza, the President of Burundi who died on Tuesday this week. This was before the presentation of the Shillings 45.5 trillion 2020/2021 financial year budget speech by Finance Minister Matia Kasaija. In …

Kampala, Uganda | THE INDEPENDENT | Only about 40 people will attend the funeral of the late Major General Samuel Wasswa Kasirye Ggwanga, Uganda People’s Defense Forces-UPDF has announced. Kasirye Ggwanga breathed his last at Nakasero Hospital on Tuesday morning where he was in intensive care. His body is currently …

  Budget 2021 summary ✳ Resource envelope Sh45.5 trillion ✳ Revenue Sh21.8 trillion ✳ Uganda GDP Sh138 trillion ✳ Uganda GDP rate +3.1% ✳ Electricity output 1254MW ✳ Paved roads 5600km ✳ National IT backbone, 49 districts ✳ Internet bandwidth $70/Mbps ✳ UDB 1trillion injection ✳ Domestic arrears pay 673bn ✳ VAT …