Parliament’s Public Accounts Committee has revealed that the Ministry of Finance paid Shs207.13bn to Roko Construction Company to acquire 150,000 preference shares instead of Shs207.013bn Parliament had recommended. This means that Government paid Shs117 million in excess to Roko. Muwanga Kivumbi (Butambala County) made the revelation while presenting the report
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Minister of Local Government, Raphael Magyezi Political leaders in the local government sphere are set for a pay rise beginning in the 2026/27 financial year following a directive by President Yoweri Museveni. The Minister of Local Government, Raphael Magyezi, announced the development while presenting a statement before Parliament on Tuesday,
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Muwanga Kivumbi presented the PAC report during the plenary sitting chaired by Speaker Anita Among on Tuesday, 09 September 2025. The Committee on Public Accounts (Central Government) has drawn the attention of legislators to exaggerated costs of government-funded infrastructure projects. In its report on the Auditor General’s findings for the
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The September to December rainy season will be marked by limited and uneven rainfall patterns. The Ministry of Water and Environment has cautioned that the September to December rainy season will be marked by limited and uneven rainfall patterns. This is according to the September, October, November and December (SOND)
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Secretary to Treasury, Ramathan Ggoobi Uganda’s Ministry of Finance, Planning and Economic Development has revealed that out of the 66 externally funded projects executed by Government, 55 projects are behind schedule, while 5 projects are on track and only 6 projects have been completed, prompting several experts to call on
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The loan will mainly benefit small livestock farmers in the cattle corridor Parliament has asked the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) to renegotiate the US$204.8Million (UGX 717.195Bn) loan meant to boost cattle production in Uganda. This is after it was discovered that the Ministry had planned to
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Stella Akol, I&M Bank's Head of SME Banking (M), and Emmanuel Muyunga- Victoria Motors’ Deputy General Manager (L), handover one of the pickup trucks. Less than two months after it was rolled out, the Tukikube ne I&M Bank campaign has already gathered significant momentum, attracting Small Medium Enterprises (SME) owners
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Solomon Rukundo, a Tax Specialist from the Ministry of Finance, Planning, and Economic Development In a bid to equip small and medium-sized enterprises (SMEs) with the knowledge needed to navigate Uganda’s evolving tax landscape, Stanbic Business Incubator Limited (SBIL) hosted its September Masterclass, spotlighting the country’s newly introduced tax measures
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Bankers who participated in the Run/Walk in a group photo The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with the Uganda Bankers Association (UBA), last week officially launches the 2025 Annual Bankers’ Sports Gala through the Bankers’ Run/Walk at the UBA Offices in Muyenga. This year’s theme
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MP Racheal Magoola (L), Jacqueline Namayaja, USA President (C) and USA General Secretary Catherine Muyinda addressing journalists at the Bible Building, along Bombo Road, in Kampala. Photo by Ochola Odonga Dominic The Uganda Society of Architects (USA) has unveiled a pioneering initiative to provide affordable, pre-approved building designs for low-income
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