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kiwalabye joel

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Parliament adjourned prematurely over excise duty tax that involves fuel price...

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When a legislature adjourns sine die, it has concluded its meeting without setting a day or time to reconvene. For lawmakers, it is "time...

Rev Canon Jacob Ateirweho elected as the 6th Bishop of the...

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The House of Bishops of the Church of Uganda sitting at Daniel Uganda Missional Centre in Lweza, today 17th April 2024, has elected Rev...

Parliament Delays Allocation of Shs200 bn for UNRA Staff

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Parliament has rejected and re-allocated Shs200 billion budgeted to compensate Uganda National Roads Authority (UNRA) staff that will be affected by rationalisation. The funds...

Lawmakers question Income Tax exemption for Bujagali Power

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Lawmakers have questioned a proposal by the Ministry of Finance, Planning and Economic Development (MoFPED) to give Bujagali Hydro Power Project a one-year income...

Speaker directs Ministers to resolve city traders’ woes

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Speaker of Parliament, Anita Among has directed the Minister of Trade, Tourism and Industry, and that of Finance, Planning and Economic Development to resolve...

John Musinguzi Rujoki reappointed URA Commissioner General

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 John Musinguzi Rujoki has been reappointed Commissioner General of Uganda Revenue Authority for another five-year term. Mr. Musinguzi whose five-year tenure as executive director of...

BOU has increases its CBR to 10% from 9.5% 

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A Bank of Uganda special Monetary Policy Committee (MPC) meeting has on March 6th, 2024 increased the Central Bank Rate (CBR) to 10%. According Monetary...

Public Finance Management Act to be amended – minister Musasizi

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The finance ministry is undertaking consultations that will lead to amendment of the Public Finance Management Act, 2015 to effectively cater for the budgeting...

Former Tanzanian President Ali Hassan Mwinyi passes on at 98

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Tanzanians have been thrown into mourning again following the death of former Tanzania President Ali Hassan Mwinyi. President Samia Suluhu announced on Thursday February 29th...

Microfinance body protests merger

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The Uganda Microfinance Regulatory Authority (UMRA), has protested the move by government to move it into the Ministry of Finance saying that its objectives...