Wednesday , November 6 2024

Tag Archives: Muwanga Kivumbi

MP Muwanga Kivumbi to amend law on supplementary expenses

Kampala, Uganda | THE INDEPENDENT | Butambala County MP, Hon. Muhammad Muwanga Kivumbi, has been granted leave of the House to introduce an amendment to the Public Finance Management Act 2015, which mainly proposes to have all supplementary expenditure have prior Parliament approval. Deputy Speaker Thomas Tayebwa put the motion to …

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Gov’t proposed budget increase unrealistic: Opposition

Kampala, Uganda | THE INDEPENDENT | The Opposition in Parliament has said that the proposed resource envelope for the next financial year 2023/2024 is unrealistic based on the proposed tax revenue collections and the country’s debt stock. This is according to a minority report on the proposed National Budget Framework paper …

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Parliament to investigate Shs588 billion tax exemptions

Kampala, Uganda | THE INDEPENDENT | Muwanga Kivumbi was unamused by the majority report, and noted that government could be losing well up to Shs8 trillion in tax exemptions, which he said makes no sense in light of budgeting constraints occasioned by pressures on the national resource envelope. “We have …

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Opposition maintains concern on economy, demands answers

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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Buganda caucus call a halt to Masaka oil palm project

Masaka, Uganda | THE INDEPENDENT | Buganda Parliamentary Caucus has called for a special inquiry into the allocation of 3.6 square miles of land to private investors for the palm oil growing project in Masaka district. The contested land is home to close to 1,000 residents of Nakigga, Birinzi, and Kasanje …

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We are not against coffee value addition: Buganda MPs

Kampala, Uganda | THE INDEPENDENT | The Buganda Parliamentary Caucus is not opposed to value addition of coffee, but rather wants fair competition that will allow Ugandans to take up the task, the caucus chairperson, Muwanga Kivumbi has revealed. He was making a rejoinder to President Yoweri Kaguta Museveni’s statement …

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Opposition MPs question postponement of parliamentary sessions

Kampala, Uganda | THE INDEPENDENT | Opposition legislators have criticized the leadership of parliament for postponing plenary sittings pending a debate on a proposed motion challenging a vote on the government’s decision to purchase shares in Roko Construction Limited. Parliament voted on the purchase of preference shares worth Shillings 202 billion …

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Support ROKO to save ongoing projects: Solicitor General

Kampala, Uganda | THE INDEPENDENT | Government has asked Members of Parliament to support the proposal to buy shares in ROKO Construction Limited to save ongoing construction works. The Minister of State for Finance (General Duties), Henry Musasizi recently tabled a proposal for the government to purchase 150,000 preference shares in Roko …

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Roko, MPs disagree on alternative financing possibilities

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament and Roko Construction Limited have disagreed on the alternative financing possibilities for the company. The committee is considering a proposal from the government to purchase 150,000 shares worth Shillings 202.13 billion in Roko Construction Limited payable over five years. The …

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Re-allocate Shs319 billion Lubowa hospital budget

Kampala, Uganda | THE INDEPENDENT | The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led by Matia Kasaija while …

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