Business owners in Uganda have a reason to smile going by the set of tax relief measures to businesses contained in the 2020/2021 budget. The Minister of Finance, Matia Kasaija while reading the 2020/21 national budget speech at Parliament noted that the move is aimed at helping address the short
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Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija (pictured) has revealed that total public debt as at December 2019 amounted to United States Dollars 13.3 Billion (Shs49.6 trillion), with external debt accounting for United States Dollars 8.59 Billion (Shs32.06 trillion)or 64.4 percent while domestic debt amounted to United
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Kasaija arriving for the budget reading/Daily Monitor photo The Minister of Finance, Planning and Economic Development, Matia Kasaija has said that Uganda's GDP is expected to grow to sh138 trillion in financial year 2019/20. He reports that the economy grew by 3.1% in the 2019/20 financial year, which was slower
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Community healthcare workers will be involved in the daily assessment of the patients at home/Reuters Kenya plans to discharge nearly all asymptomatic Covid-19 patients to free-up space in congested hospitals. The government has released guidelines for home-based care for discharged patients, which include at least 10 days of isolation. “Due
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Rajiv in Sanyu FM studio Rajiv Ruparelia (pictured), the Managing Director of Ruparelia Group, the owners of 88.2 Sanyu FM has revealed that the radio station will even get better after the exit of senior staff aka untouchables who were forced out after protesting 25% salary cut by management. Last
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Uganda’s Finance Minister Matia Kasaija (pictured) will today afternoon formally read the Shs45.49Trn 2020/21 budget on behalf of the President. Parliament passed and approved Shs45.49Trn for Financial Year 2020/21 compared with the Shs40.5trillion for this Financial Year ending June.30, representing an increase of 12.36%. The Total Domestic resources will constitute
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The Executive Board of the International Monetary Fund (IMF) today approved a grant under the IMF’s Catastrophe Containment and Relief Trust (CCRT) to cover Tanzania’s debt service falling due to the IMF from today to October 13, 2020, the equivalent of US$14.3 million (53.37bn). Additional relief covering the period from
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Uganda's President Yoweri Museveni has said the country is preparing to have 40,000 hospital beds to treat coronavirus patients. The president said the Ministry of Health was initially planning for 9,000 extra beds, some at Namboole Stadium in the capital, Kampala. But he said that he had told officials to
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Denise Nkurunziza, the widow of Burundi’s late president, returned home from receiving medical treatment in Kenya hours after the announcement of her husband’s death, the BBC has learnt. On Tuesday afternoon, the government announced that President Pierre Nkurunziza had died aged 55 after suffering a cardiac arrest. An official in
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Parliament’s National Economy Committee has rejected Shs150bn budget request by the Civil Aviation Authority (CAA) to respond to COVID-19 effects. CAA officials led by the Deputy Director, Fred Bamwesigye appeared before the Committee chaired by Syda Bbumba but MPs rejected the request. The CAA team tabled a budget of Shs150bn
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