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Politics & Policy
Bank of Uganda governor says bank closures were well-intentioned
Governor tells Parliament probe Bank was right to intervene in closed banks but acknowledges post-intervention challenges
December 21, 2018
Politics & Policy
Government chief executives should be paid in a uniform manner — COSASE
There are big discrepancies in the salaries of the chief executives of parastatals, authorities and commissions arising from the legal frameworks which set up the entities, according to a report passed by Parliament last week
December 28, 2016
Energy, Oil & Gas
Government moves motion to withdraw Shs166 bn from petroleum fund
The finance minister, Matia Kasaija on Wednesday tabled a motion requesting Parliament to allow the government withdraw Shs116.6 billion from the Petroleum Fund.
December 21, 2016
Energy, Oil & Gas
Parliament gives approval for $103 rural electrification loans
Parliament on Wednesday approved two motions that allow the government to borrow $102.88 million for rural electrification projects. The government will borrow $91.5 million from the World Bank and $11.32 million from Kuwait.
December 8, 2016
Companies
Parliament to probe Uganda Telecom over “poor and unstable” management
A report tabled by the Nandala Mafabi, an FDC MP and former leader of opposition in parliament, said that in the last four years the telecom company "has continuously been on a freefall that has now reached alarming levels."
November 18, 2016
Economy
Politics & Policy
Invest in agriculture to get economy back on track, leaders say
Political and business leaders believe that with recent reports of Uganda’s economic downturn, more government attention to agriculture - which employs most Ugandans - and increased investment in the sector will spur growth.
November 4, 2016
Politics & Policy
Property
Government to take full control of National Housing, minister says
The government plans to take full control of the National Housing and Construction Company, eleven years after selling a minority stake in the company to the Libyan government, Chris Baryomunsi, the state minister for housing told Parliament on Thursday.
October 7, 2016