Kabale, Uganda | THE INDEPENDENT | Darius Nandinda, the Kabale Resident District Commissioner has come under criticism from members of the ruling National Resistance Movement (NRM) party supporters for influencing them to support a candidate of his choice. According to the supporters, Nandinda has several times told NRM party members from Ndorwa …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has said Parliament has accused the Ministry of Finance of avoiding to pay off Ugandan traders who supplied goods to South Sudan. Last year in May, Parliament approved 900 Billion shillings for traders that supplied goods and services to …
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Nakaseke, Uganda | THE INDEPENDENT | The National Economy Committee of Parliament has raised concern over the management and credibility issues at Bank of Uganda in light of a fresh loan request of USD 491 million. The International Monetary Fund loan will see the Bank of Uganda (BoU) take US …
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Kampala, Uganda | THE INDEPENDENT | Government has revised its proposal to borrow money to mitigate the effects of coronavirus by up to 1.3 trillion shillings. On April 2, the government presented a motion to borrow up to 1.7 trillion shillings to cushion the economy from the effects of COVID-19. …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has resolved to approve a supplementary request totaling 10 billion Shillings for Uganda Industrial Research Institute (UIRI) pending an onsite visit at the entity’s Namanve premises on Friday. This was during an interface with Ministry of Finance officials led by the …
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Kampala, Uganda | THE INDEPENDENT | The government has been tasked to explain a recent decision by the management of Vision Group, the publishers of New Vision and Bukedde newspaper to effect salary cuts for all members of staff. Government is the majority shareholder in the company with 53 per …
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Kampala, Uganda | THE INDEPENDENT | Government has tabled two loan requests totaling Shillings 1.42 trillion to finance the rehabilitation of Kampala city roads among other things. David Bahati, the Minister of State for Planning today tabled the loan requests before Parliament. These include a proposal to borrow US Dollars …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament has expressed disappointment with the conduct of the Ministry of Finance for failing to present the additional figures to the financial year 2020/2021 National Budget. Kadaga made the statement on Tuesday after she indicated that the Ministry needed space on the …
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Kampala, Uganda | THE INDEPENDENT | Parliament has for the third consecutive year rejected a government proposal to tax businesses making losses in the coming financial year 2020/2021. This was during a debate on Thursday in which MPs approved the Income Tax (Amendment) Bill, 2020 in a plenary session chaired by …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati says the country’s tourism sector earnings will drop to US Dollars 700 million in the current financial year 2019/2020. Bahari says the drop will be 39 percent compared to the previous financial year. Uganda’s Tourism sector …
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