By Ivan Rugambwa New taxes to make Ugandans poorer, increase cost of doing business When the Finance Minister, Maria Kiwanuka reads the budget, she will announce a tax increment on fuel that experts fear will hike transport fees and prices for commodities. The increment was first announced on April 10, …
Read More »Tight budget 2012/13
The Independent Team The challenge behind the numbers Belt-tightening without suffocating the patient; that is the balancing act Finance Minister Maria Kiwanuka is attempting in the 2012/13 financial year budget. It will not be easy. For the first time in two decades, the minister of Finance is unable to report …
Read More »Any hope for a recovery budget?
By Eriasa Mukiibi Sserunjogi With Uganda’s economic growth slowed down to zero, Maria Kiwanuka needs some magic to save the day A mixture of high expectations and anxiety will greet Finance Minister Maria Kiwanuka when she steps up on June 14 to read next year’s budget. There is likely to …
Read More »Passed budget failed on priorities
By Mubatsi Asinja Habati Parliament approved a Shs 10.3 trillion budget, up from the Shs 9.8 trillion minister of finance announced in June. The revised budget has been criticised as unbalanced. The Independent’s Mubatsi Asinja Habati spoke to Felix Okot Ogong, a legislator who sits on Parliament’s Committee on Budget. …
Read More »Budget reading is just a ritual
By Eriasa Mukiibi Sserunjogi Nothing new. Same promises. Little will be implemented Leader of Opposition Nandala Mafabi shared his views about the budget the new finance minister Maria Kiwanuka presented on June 8 at the Kampala Serena Hotel with The Independent’s Eriasa Mukiibi Sserunjogi. What struck you most about the …
Read More »Budget blues
By theresa nannozi 2011/12 budget disappoints Ugandans who wanted tax cuts, salary increase The 2011/12 budget came as a disappointment for the majority of Ugandans who had expected and hoped for tax cuts on fuel, especially petrol and diesel. While the removal of taxes on kerosene (Shs 200 per litre) …
Read More »Budget priorities
By Independent Team & Agencies Rwanda’s child policies praised in new Africa report A new report launched Dec. 6 by the African Child Policy Forum (ACPF) has listed Rwanda among countries committed to investing in children. The report measures African government’s investment in children and confirms that a country’s commitment …
Read More »Budget trouble
By Dicta Asiimwe MPs allege forgery of reports but Speaker raises no objection Parliament approved the budget figures this week with, at one point at 6 pm, 21 members in attendance. Presided over by Speaker Edward Sekandi, by six o’clock, with over one hundred votes not yet passed, those present …
Read More »Big budget trouble
By Patrick Kagenda UWA’s Shs 9bn `Friend a gorilla’ stalls over Shs 45m In Sept 2009 the Uganda Wildlife Authority (UWA) launched a campaign dubbed “Friend a Gorilla” to raise Shs 9 billion to fund park activities to preserve the endangered mammals. Close to one year down the road during …
Read More »Rwanda budget offers stimulus package
By Magnus Mazimpaka Rwanda increased its spending by 24%, the raise mainly acting as a stimulus package to protect the economy against the current global financial crisis. Expenditure increased to Frw838 billion this financial year 2009/10 from Frw674 billion last year. There was a slight increase of Frw26 billion from …
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