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Tag Archives: Matia Kasaija

Isimba dam contractor, UEGCL boss clash before Kadaga

Kampala, Uganda | THE INDEPENDENT | A meeting convened by the Speaker of Parliament Rebecca Kadaga to resolve the US $42M payment dispute for Isimba Dam construction ended in counter accusations between the officials of China International Water & Electric Co and Uganda Electricity Generation Company Limited-UEGCL. The Tuesday afternoon …

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Kabale headteachers, parents question schools reopening

Kabale, Uganda |  THE INDEPENDENT |  As schools await the order to reopen for candidate classes later this month, school heads and parents sampled in Kabale district say they just do not have the capacity to put in place the required Standard Operating Procedures to resume operating. More than 15 million …

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NSSF, Finance Ministry sabotaging midterm access-Lyomoki

Kampala, Uganda | THE INDEPENDENT | The Workers MP Sam Lyomoki has said there are plans to sabotage the National Social Security (NSSF) amendment Bill 2019 that seeks to allow for midterm access to members savings. The bill among other things proposes for midterm access for savers of 45 years …

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Kasaija prays for one more term to quit elective politics

Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Member of Parliament of Buyanja County in Kibaale district has said that he does not intend to seek another term if re-elected into office in 2021. Kasaija who doubles as the Minister of Finance, Planning and Economic Development said that the …

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Parliament issues gov’t ultimatum over Islamic banking

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has directed the Minister of Finance Matia Kasaija to table before the House regulations to start the implementation of Islamic banking by 21st July. Kadaga’s directive followed a matter of national importance raised by Kawempe North MP Latif …

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No money to pay South Sudan traders-Kasaija

Kampala, Uganda |  THE INDEPENDENT |  The Minister for Finance Matia Kasaija has told Parliament that the government does not have money to pay Ugandan traders who supplied goods to South Sudan.  In 2019, Parliament approved 900 Billion shillings for traders that supplied goods and services to the South Sudan government …

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Lands Ministry intervenes in Masindi land wrangle

Masindi, Uganda | THE INDEPENDENT | The Ministry of Lands has intervened in a wrangle between Uganda Investment Authority-UIA and over 2,000 residents over a contested piece of land in Masindi district. The land measuring approximately 60 square miles is situated in Kimengo sub-county Masindi district. More than 2,000 people …

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Banks restructure loans worth UGX 2 trillion

Kampala, Uganda |  THE INDEPENDENT |  The Uganda Bankers’ Association has said that commercial banks have restructured loans to a tune of 2.02 trillion Shillings as a result of the effects of the COVID-19 lockdown on businesses. According to the Association’s Executive Director Wilbrod Owor, in the first month of restructuring, …

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