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    Parliament of Uganda

    Kasaija Revises 2021/2022 Budget Twice in one Week, adds More UGX3 Trillion

    Thembo Kahungu MisairiBanking & Financial ServicesApril 24, 2021April 24, 2021

    The Ministry of Finance has returned to Parliament with additional estimates of the Budget of the Financial Year 2021/2021 being processed ahead of its expected approval at the end of…

    Parliament Permits UDB to Borrow UGX305.5b as Ojangole Targets More Private Sector led Investments

    Thembo Kahungu MisairiBanking & Financial ServicesThe Big StoryApril 22, 2021April 22, 2021

    Parliament has approved a motion authorizing the Uganda Development Bank (UDB) to take two loans amounting to $84.8m (UGX305.5b) that will be used to finance operations and extending more credit…

    MPs Question Continued Beer Production while Bars Remain closed over Covid-19

    Thembo Kahungu MisairiBanking & Financial ServicesApril 21, 2021April 21, 2021

    Members of Parliament who sit on the Committee on National Economy have questioned why the bars remain closed when the companies manufacturing beer and other alcoholic drinks continue to be…

    Emyooga saga: Kadaga orders Finance committee to call meet for MPs to discuss UGX250b Kitty

    Thembo Kahungu MisairiBanking & Financial ServicesApril 20, 2021April 20, 2021

    The general perception on the UGX250 billion package the Ministry of Finance channeled through the Microfinance Support Centre (MSC) is to operationalise President Yoweri Museveni’s presidential initiative on wealth and…

    Finance Ministry backs off UGX481 billion questionable BoU recapitalization

    Thembo Kahungu MisairiBanking & Financial ServicesThe Big StoryApril 19, 2021April 19, 2021

    When the Ministry of Finance tabled the Budget Framework Paper (BFP) for the Financial Year 2021/2022, there was one item that raised alarms with most of the Members of Parliament…

    Cash-strapped Kasaija, trims 2021/22 budget by UGX4.36 trillion; plans to raid Petroleum Fund for UGX200 billion to patch holes in his pockets

    Thembo Kahungu MisairiThe Big StoryApril 19, 2021April 19, 2021

    Uganda’s Ministry of Finance, Planning and Economic Development (MoFPED) has trimmed down government planned expenditure for the Financial Year 2021/22 by at least UGX4.36 trillion, indicating anticipated failure to meet…

    Curfew Guidelines stay in place, Prime Minister Rugunda tells Parliament

    CEO ReporterThought LeadershipApril 14, 2021April 14, 2021

    Prime Minister Dr Ruhakana Rugunda has said curfew rules stay in place as per The President and Ministry of Health’s guidelines to prevent the spread of Covid-19. While addressing Parliament…

    Parliament Approves Mid-Term Access to NSSF Savings but who is eligible?

    URNThe Big StoryFebruary 18, 2021February 18, 2021

    Parliament has passed the National Social Security Fund- NSSF Bill 2019, giving Ugandans aged over 45 years and those who have saved for 10 years to access 20 per cent…

    We need More Time to Consult on NSSF Bill, Govt tells Parliament

    URNPolitics & GovermentFebruary 3, 2021February 3, 2021

    The government of Uganda has told Parliament that it needs more time to consult on the National Social Security Fund (NSSF) Amendment Bill 2019 concerning which Ministry should supervise the…

    Museveni Declines to Assent to Coffee Bill, Returns it to Parliament

    URNPolitics & GovermentFebruary 3, 2021February 3, 2021

    President Yoweri Kaguta Museveni has declined to assent to the National Coffee Bill and asked parliament to review several provisions in the proposed law. The Speaker of Parliament Rebecca Kadaga…

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