Tag Archives: finance

  BUDGET ANALYSIS: Why UDB got Shs50bn, Museveni donations Shs70bn and more Kampala, Uganda | JULIUS BUSINGE |  Matia Kasaija, Uganda’s Finance minister, is a jocular person for whom talking tough is always light hearted. It was no different on June 12 when he attended a post-budget reading breakfast meeting organised by …

How money is an important a political resource that allows Museveni to manage power The Last Word | ANDREW MWENDA|   Last week, the government presented the national 2017/18 budget totalling Shs24 trillion in spending. For many commentators on the Ugandan traditional and social media scene, the budget is as an economic …

President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …

LIVE: The Minister of Finance, Planning and Economic Development Matia Kasaija has read out a Shs29 trillion 2017/18 national budget for Uganda. Kasaija read the budget to parliament on behalf of President Yoweri Museveni. (READ FULL BUDGET HERE  click) Before that, the Minister of Works tabled the Civil Aviation Authority amendment bill 2017 …

In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda,  President Yoweri Museveni on Tuesday delivered the State of the Nation Address, 2017. The president mainly gave accountability on particular government commitments and  appraised the country of the plans and strategies for the …

Kampala, Uganda| CSBAG|  Every time a government official comes out to explain why the economy is poorly performing, they cite external and natural factors. These range from slow growth in China, to fall in commodity prices, tight financing conditions in Europe, and geo-political events such as Brexit and U.S politics. …

London, United Kingdom | AFP |  Manchester United have been rated as Europe’s most valuable club by a new report into the financial muscle of the continent’s top teams. The report by professional services firm KPMG looked at the finances of 39 clubs based on their popularity on social media …

COMMENT: Policy and institutional reforms are needed for Uganda’s economy to recover – CSBAG Economic growth is not a chance event although it can benefit from chance events. There must be a plan that guides deliberate actions that are derived from a coherent or logical way of thinking. The logical critical …

London, United Kingdom | AFP | The Premier League is set to announce a record annual pre-tax loss of £312 million because of the declining value of the sterling and new accounting rules, the Financial Times reported on Friday. English football’s top flight is the wealthiest major domestic football competition …

Riyadh, Saudi Arabia | AFP |  Saudi Arabia raised $9 billion in its first global Islamic bond issue, the government announced on Thursday, a move analysts say could ease pressure on foreign reserves. The sale of Islamic bonds, known as sukuks, comes after the kingdom in October turned to the …