Parliament’s Committee on Finance, Planning and Economic Development has pushed back against a proposal to waive UGX18.86 billion in tax arrears for Kampala-based engineering consultancy Newplan Limited, questioning both the…
The Public Procurement and Disposal of Public Assets Authority (PPDA) has been selected to host the 14th annual East African Procurement Forum and introduce the East African Business Expo to…
Members of Parliament have approved a request by the government to borrow $464 million (about UGX1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the…
The Finance State Minister, Hon. Henry Musasizi on 1st November 2022 asked Members of Parliament to approve up to UGX3.5 trillion in new borrowing to finance Uganda’s 2022/23 UGX48.1 trillion…
Members of the National Social Security Fund (NSSF) will earn an interest of 9.65% on their savings for the financial year 2021/22 translating into UGX 1.38 trillion that will be…
The Uganda Revenue Authority (URA) Commissioner General, John R Musinguzi, has spelt out a challenge to URA Supervisors of increasing Uganda’s Tax to GDP ratio to 20.99% by the financial…
Uganda Breweries Limited, which is celebrating its 75th Anniversary in Uganda, has been recognised by the Ministry of Finance for the immense contributions made to Uganda’s socio-economic development. The commendation…
The Chairperson of Finance Committee of parliament Henry Musasizi is suspicious that the government could be siphoning funds meant for the recapitalization of Bank of Uganda (BoU). He disclosed his…
