Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …
Read More »“Allocate more money to agriculture to support the economy”
Seruwo Solomon is the Marketing and Business Development Manager for Bukoola Chemical Industries Limited. He spoke to Julius Businge about the company’s operations and opportunities for the 2021/2022 national budget: Briefly, talk about Bukoola Chemical Industries Ltd operations in Uganda? Bukoola Chemical Industries is one of the oldest and largest …
Read More »Economy at crossroads
Can Mutebile’s latest announcement and government spending plan save the economy hurt by coronavirus lockdowns? | JULIUS BUSINGE | On June 16, Bank of Uganda Governor, Emmanuel T. Mutebile made a big announcement that many pundits believed would boost economic recovery. For the first time in many months, Mutebile cut …
Read More »CSOs proposals for the 2021/22 budget
Low absorption of loans has led to an increase in the cost of loans hence leading to low returns on public investments Kampala, Uganda | JULIUS BUSINGE | Increasing finance towards the social sectors will improve the livelihoods and incomes of most households as envisaged in the National Development Plan …
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