Kampala, Uganda | THE INDEPENDENT | Parliament has approved a government request to borrow up to Euro 110,543,947.52 (about Shs 450 billion) from Standard Chartered Bank to finance the Kitgum-Kidepo Road upgrading project. The 115 km Kitgum-Kidepo Road in North Eastern Uganda, connects the Kitgum and Kaabong districts. The motion for …
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Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance, Hon. Henry Musasizi, has said government is engaging the World Bank on its decision to cut financing of projects in Uganda. “We are negotiating with the World Bank but should we fail to agree, then we shall make some decisions …
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Kampala, Uganda | THE INDEPENDENT | Lawmakers have criticised a supplementary expenditure of Shs57.6 billion under the Ministry of Energy and Mineral Development to cater for an out of court settlement to a United States based energy company, Albatross. Members of Parliament on the Budget Committee made their reservations while receiving responses …
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Kabale, Uganda | THE INDEPENDENT | A disagreement has emerged between Henry Musasizi, the State Minister of Finance for General Duties, and Raphael Magyezi, Minister for Local Government over the creation of Kabale city. In 2019, Kabale Municipality was listed among municipalities that will be elevated to city status in 2023. …
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Kampala, Uganda | THE INDEPENDENT | The Minister of Health Dr. Jane Ruth Aceng and her counterpart, Henry Musasizi, the State Minister for Finance in charge of General Duties have disagreed in Parliament over factors occasioning stock out of essential drug supplies in hospitals. During plenary sitting on Wednesday, Dr. Aceng presented …
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Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance (General Duties), Henry Musasizi has affirmed that savings in the National Social Security Fund (NSSF) are safe. Musasizi made this assurance as he appeared before the Committee on Finance alongside the Minister for Gender Labour and Social Development, Betty Amongi, and …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has questioned Finance Ministry officials on the set priorities for next financial year without increase in the budget allocations. This was during the Monday meeting in which Henry Musasizi, the Minister of State for Finance presented the budget estimates for the coming financial …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance (General Duties), Henry Musasizi has said investigations into non-payment of December salaries for civil servants will be carried out. He said that while the ministry released the wage component for the last quarter, they continue to get factual complaints …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Anita Among, has proposed a meeting between the Leader of the Opposition (LoP), Mathias Mpuuga, and Finance State Minister (Privatisation and Investment) Evelyn Anite, after an unsatisfactory response to the LoP’s concerns on government’s failure to meet its financial obligations. In a …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have approved a request by the government to borrow $464 million (about Shs1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who say the loan terms are unfair. Referred to Parliament’s Committee on National Economy …
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The Independent Uganda: You get the Truth we Pay the Price