Kampala, Uganda | THE INDEPENDENT | The government has reduced its allocation to the education and sports sector in the upcoming financial year 2025/26, raising concerns among stakeholders over the country’s commitment to human capital development. According to budget estimates presented by Finance Minister Matia Kasaija, the government plans to …
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Kampala, Uganda | THE INDEPENDENT | The government has allocated Shs 9.9 trillion to bolster security, justice, and governance in the country in the 2025/2026 financial year. “Madam Speaker, security, good governance, and the rule of law are the foundation for socio-economic transformation,” Finance Minister Matia Kasaija said, outlining key …
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How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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Kampala, Uganda | THE INDEPENDENT | The government has launched a new 210 billion-shilling financing initiative targeting large-scale farming activities in the country. The Financing Scheme for Private Large Scale Commercial Farmers is designed to overcome challenges encountered by farmers seeking financial. It intends to provide timely, affordable, and accessible financial …
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Wakiso, Uganda | THE INDEPENDENT | Finance Minister, Matia Kasaija says depositors holding accounts with the different should rest assured that their money is insured against risks to the tune of 90%. The deposits are under the Deposit Protection Fund (DPF). Minister Kasaija was speaking at the Conference and Annual General …
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Michael Atingi-Ego confirms Bank of Uganda has joined “Shining Gold Rush” Kampala, Uganda | THE INDEPENDENT | When the Bank of Uganda announced its intention to purchase gold from artisan, small, medium, and large-scale miners, some players in the precious stones industry wondered why a sudden policy reversal. It has been …
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Kampala, Uganda | THE INDEPENDENT | Parents hoping for a reprieve from the ever-skyrocketing school fees in public and government-aided schools will have to wait. The government has in the past promised to increase funding to the education sector so that it gradually offers free education. While universal primary and …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s growth strategy for the 2024/2025 Financial Year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and innovation, the Minister of Finance, Planning and Economic Development, Matia Kasaija has said. “These are the anchors that are going to propel …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda’s mineral and agriculture sector have the potential to spur the country’s economy to match some of the top countries in Africa. “Our aim is to catapult the economy from USD 55 billion to USD 500 billion in the near …
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The Independent Uganda: You get the Truth we Pay the Price
