In a fiscal climate where many economies are gasping under debt and tax collection fatigue, Uganda Revenue Authority (URA) has pulled off a remarkable feat. It has beaten its revenue target for the 2024/25 financial year by Shs174.11 billion, collecting Shs31.54 trillion—a 100.54% performance. The numbers tell a story of discipline, economic recovery, and a pivot towards digital administration. They also tell a story of how domestic resilience and global trade are the twin engines of Uganda’s fiscal base. But as URA basks in the moment, the real challenge is scaling the mountain of UGX36.74 trillion in the 2025/26 financial…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Uganda Parliament Speaker, Anita Among has today received the Auditor General’s report on Umeme which recommends a USD 118 (UGX 433 billion) Buyout amount for the unrecovered investments. Speaker Among…
The Uganda Parliament Speaker, Anita Among has forwarded the Auditor General’s forensic audit report on the alleged loss of over UGX 60 billion from Bank of Uganda (BoU) to the Uganda Police Directorate of Criminal Investigations (CID) for further investigations. Speaker Anita Among sent the report to the CID after it was laid before Parliament by the Government Chief Whip, Hon. Denis Hamison Obua on Thursday, 09 January 2025. The Speaker noted that she held consultations with President Yoweri Museveni and a decision was taken to have the report investigated further. “Looking at the ingredients of the report, they are…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Department of State has publicly designated five current and former Ugandan officials for their involvement in significant corruption or gross violations of human rights. According to a U.S. State Department statement, “Speaker of Parliament Anita Among is designated due to involvement in significant corruption tied to her leadership of Uganda’s Parliament.” “Former Minister of Karamoja Affairs Mary Goretti Kitutu, former Minister of State for Karamoja Affairs Agnes Nandutu, and Minister of State for Finance Amos Lugolobi are being designated due to their involvement in significant corruption related to conduct that misused public resources and diverted materials from Uganda’s neediest communities….
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Parliament of Uganda has approved a request for government to borrow up to US$331.5 million (UGX1.23 trillion), from the International Development Association of the World Bank Group, upon which it will obtain a grant worth US$ 276.5 million. The loan is for financing the Electricity Access Scale Up Project (EASP), whose aim is to increase access to electricity nationwide. While presenting loan request to Parliament, the Minister of State for Planning, Amos Lugoloobi, said the EASP envisages an increase in access to electricity from the current 19 per cent to 44 per cent by 2027. “In this, the project forecasts…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
State minister for Finance, Planning and Economic Development (Microfinance), Haruna Kasolo Kyeyune, has presented to Parliament the Microfinance Deposit-Taking Institutions (Amendment) Bill, 2022 for First Reading. This was during the plenary sitting of Tuesday, 22 November 2022 chaired by Speaker Anita Among. According to the bill, the Microfinance Deposit-Taking Institutions (MDIs) referred to as microfinance banks will be allowed to offer among others, Islamic banking, agent banking as well as bank assurance services. Currently, the existing MDIs have been offering limited services compared to commercial banks like underwriting and placement of securities, offering cheques, dealing in foreign currency, and transacting…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Speaker of Parliament Anita Among has tasked the Uganda Airlines’ newly appointed Chief Executive Officer Jenifer Bamuturaki to create a strategic plan that will revamp the national carrier into a lucrative airline. During their meeting at the Speaker’s chambers on Tuesday, Among, who was in company of her deputy Speaker, Thomas Tayebwa, said Uganda Airlines is funded by taxpayers therefore the airline’s management should create value for money. ‘’The airline was revived using tax payers’money. We expect you to come up with a strategic plan that will meet the vision of making national carrier a world-class airline that will compete…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Deputy Speaker of Parliament, Anita Among has revealed that the Speaker Jacob Oulanyah is receiving specialised treatment outside the country.While chairing the Plenary sitting of Tuesday, 08 February 2022, Anita Among said that the Speaker left the country for treatment on Friday, 04 February 2022.According to the Deputy Speaker, Oulanyah who has been unwell for the last two weeks, received treatment at Mulago National Referral Hospital.“During the period he was receiving medical attention at Mulago Hospital, medical experts in consultation with his personal doctors agreed to take him out of Mulago to a specialized hospital,” the Deputy Speaker said adding…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Members of Parliament are discontented with the manner in which government is handling payment of Ugandan traders who supplied goods to the government of South Sudan. Legislators are irked that whereas Parliament approved funds for payment of 33 companies in 2019, only 10 have been paid. MPs said it is saddening to hear that some traders have been paid thrice while the majority have not received any payment. “Payments were ring fenced for 10 companies which are powerful multi-billionaires, but the 23 villagers have not been paid,” Cecilia Ogwal (FDC, Dokolo District) said. Cecila Ogwal said she is concerned that…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
