Cabinet has received and noted a plan that will be followed to merge and consolidate a number of government institutions as well as public expenditure. According to a Statement signed…
The Uganda Bankers Association, UBA, is petitioning the Central Bank to block the proposed taxation of cash withdrawals from the bank. The proposal has drawn condemnation across sections of the…
The Japanese government has contributed UGX135.6billion (3.821 billion Japanese yen) for the construction of 23.6Km Yumbe-Manibe road in Yumbe District. It’s part of the contribution by the Japanese government towards…
Finance Minister Matia Kasaija has written to President Yoweri Museveni clarifying that the information on which he based a decision for the suspension of the Democratic Governance Facility -DGF was…
Bank of Uganda, Uganda’s central bank does not need recapitalization in the 2021/2022 financial, according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of…
Members of the budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic. The demand was put to the Finance…
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…
A pleasant welcome awaits the freshly elected and re-elected members of parliament in an envelope containing nearly $100,000 which they don’t even need to account for. The minister of finance…
By Sydney Asubo On the 7th of December 2020, Uganda assumed the Presidency of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG). Uganda took over the Presidency from the…
Ministry of Finance Permanent Secretary and Secretary to Treasury Keith Muhakanizi has issued a circular requesting All Accounting Officers to prepare Budget framework papers (BFPs) for Financial Year 2021/22 in…
