Kampala, Uganda | THE INDEPENDENT | The United Nations Agency in Uganda is worried that the newly created cities will increase the financing burden of the central government and affect the achievement of sustainable development goals. The UN Capital Development Fund, UNCDF, which aims to make public and private finance work for …
Read More »NSSF ready to lend to local governments
Kampala, Uganda | THE INDEPENDENT | National Social Security Fund- NSSF wants the laws governing its investments amended to allow the fund to lend money to local governments. This comes after the local government officials and a UN official called for the empowerment of local governments to negotiate their loans and …
Read More »KCCA wants sh 4 trillion annually – A raise from 1% to 10% of national budget
Kampala, Uganda | THE INDEPENDENT | The ministry of local government is proposing local revenue authorities for local governments, hoping that this will enable districts and cities to raise the revenues they need to sustain their budgets. Currently, the districts are limited on how much taxes they can establish and most …
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