Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) may lose Shs2.8 trillion to tax exemptions, credits and deferrals for the financial year 2022/2023. This was revealed by the URA Commissioner General, John Musinguzi while presenting the entity’s Budget Framework Paper for the financial year 2023/2024 on Tuesday, 10 January …
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Kampala, Uganda | THE INDEPENDENT | Current and former members of Parliament have been listed among the more than 800 individuals and companies that have defaulted government taxes to a tune of 346 billion Shillings. This is contained in the Ministry of Finance’s response to the issues raised by the Opposition …
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Kampala, Uganda | THE INDEPENDENT | The government has said that it is exploring new market opportunities within the Common Market for Eastern and Southern Africa-COMESA member states. Uganda is currently facing a big challenge with key neighbors like South Sudan facing political unrest and the border closure by Rwanda. Some …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s security budget will increase for the next three years according to the Ministry of Finance. This is already reflected in the 41.3 trillion shillings budget, the government has tabled for the financial year 2021/2022 in which governance and security takes a lion share of 7.7 …
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Kampala, Uganda | THE INDEPENDENT | Parliament has approved 200 billion Shillings to support Uganda’s quest to jointly construct a 223-kilometre road with the government of the Democratic Republic of Congo (DRC). Uganda and DRC entered a bilateral agreement to implement strategic infrastructure projects which includes constructing the road from Kasindi …
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Kampala, Uganda | THE INDEPENDENT | The Parliamentary Budget Committee has recommended for the allocation of money to capitalise Uganda Development Bank-UDB. UDB is a public enterprise wholly owned by the Government. It is a Development Finance Institution that is focused on accelerating socio-economic development through sustainable financial interventions in …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Works and Transport is seeking more than 50 billion Shillings for the establishment of a new motor vehicle registration system. The system involves the entire process of allocating unique identification numbers to particular motor vehicles, which is currently a mandate of Uganda …
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Kampala, Uganda | THE INDEPENDENT | The Parliamentary Commission is seeking 150 billion shillings for MPs emoluments and recruitment of Parliament Staff. According to the report of the budget committee on the national budget framework paper for financial year 2019/2020 presented by the committee chairperson Amos Lugolobi, the Ntenjeru North MP, …
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The Independent Uganda: You get the Truth we Pay the Price