KAMPALA, Uganda | Xinhua | Uganda’s Finance Minister Matia Kasaija on Thursday said the East African country’s economy will grow by 7 percent in the fiscal year (FY) 2024/2025, which will start on July 1. The growth will be driven through increased oil and gas activities, growth in exports, increase …
Read More »Anti Corruption Court denies bail to two MPs
Lwengo, Uganda | THE INDEPENDENT | The Anti Corruption Court in Kampala has denied bail to Lwengo District Woman MP of Parliament Cissy Namujju Dionizia and Yusuf Mutembuli the Bunyole East Member of Parliament. The court presided over by Chief Magistrate Joan Aciro on Friday rejected their bail application on grounds …
Read More »Did Kasaija miss free education funding in new budget?
Kampala, Uganda | THE INDEPENDENT | Parents hoping for a reprieve from the ever-skyrocketing school fees in public and government-aided schools will have to wait. The government has in the past promised to increase funding to the education sector so that it gradually offers free education. While universal primary and …
Read More »BUDGET2024/2025: Agro-industralisation, tourism and mineral devt to propel economy’s expansion
Kampala, Uganda | THE INDEPENDENT | Uganda’s growth strategy for the 2024/2025 Financial Year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and innovation, the Minister of Finance, Planning and Economic Development, Matia Kasaija has said. “These are the anchors that are going to propel …
Read More »Minister Nankabirwa made Lay Canon in COU
Kampala, Uganda | THE INDEPENDENT | Minister for Energy and Mineral Development, Ruth Nankabirwa has been named Laity Canon along with financial expert Vivian Igundura and Naboth Muhairwe, a renowned lawyer. Archbishop of the Church of Uganda Dr Stephen Kaziimba Mugalu announced the three at the 15th Kampala Diocesan Synod Meeting …
Read More »Activists want sunscreen lotions on list of ‘Essential Medicines’
Kampala, Uganda | THE INDEPENDENT | Politicians and activists want the Ministry of Health to list sunscreen lotions among essential medicines at lower health facilities. They say that will ease access for persons living with albinism. A sunscreen lotion is very important for people with Albinism to avoid damage …
Read More »MUSEVENI: Harnessing oil, fighting corruption key to Uganda’s economy
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda’s mineral and agriculture sector have the potential to spur the country’s economy to match some of the top countries in Africa. “Our aim is to catapult the economy from USD 55 billion to USD 500 billion in the near …
Read More »Kasaija has eyes on double-digit economic growth, GDP of $500 billion by 2040
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija says the government will strive to achieve double-digit economic growth. Economic growth refers to an increase in the aggregated production and market value of economic commodities and services in an economy over a specific …
Read More »Kasaija announces sobering ‘Beer Tax’
Kampala, Uganda | THE INDEPENDENT | For many Ugandans, the thought of beer conjures warm memories, cheers with friends, or a cold drink at the end of a long day. However, they will in the next financial year dig deep into their pockets to have their favorite drink as the …
Read More »Planned election of new Acholi Paramount Chief hits snag
Gulu, Uganda | THE INDEPENDENT | The police have decided they will not allow a planned election of a Paramount Chief of Acholi by the breakaway faction of chiefs to take place. The election that was slated for Friday, June 14 in Kitgum Municipality was announced last week by a section …
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