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Parliament Approves Shs292.3bn Supplementary Budget

Parliament has approved Shs292.3bn supplementary budget  for different government agencies amid some MPs objecting to the clearance of Shs12bn meant to compensate six individuals. It should be remembered that parliament had on Tuesday stayed the passing of the budget after receiving complaints from the chairperson of Uganda Land Commission, Beatrice Byenkya Nyakayisiki

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Parambot Distilleries’ Quartet Nabbed Over Fake Digital Stamps As URA Enforcement Team Bites

Parambot Distilleries’ products with fake digital stamps

Parambot Distilleries’ products with fake digital stamps Uganda Revenue Authority(URA) Domestic Taxes (DT)  Enforcement team has arrested four officials attached to Parambot Distilleries after being found in possession of products affixed with fake digital stamps. According to Ian Rumanyika, the Ag. Assistant Commissioner Public and Corporate Affairs at URA says the tax

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Mounting Debt: Worry As Gov’t Tables Additional Shs2.7Trn Loan Request

Gabriel Ajedra

Members of Parliament have raised concerns over the debt sustainability of Uganda after Ministry of Finance appealed to Parliament to approve an additional Shs2.319Trn loan request  to cover revenue shortfall in the 2020/21 Financial Year. This is after  State Minister for Finance-General Duties, Gabriel Ajedra (pictured) today tabled seven fresh loans before

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