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    Tag: Ministry of Finance

    The Chairperson of the African Union (AU) Commission, H.E. Mahmoud Ali Youssouf, has raised an alarm over severe financial challenges undermining the operations of the AU Transition Mission in Somalia (ATMIS). Speaking at the African Union Support...
    In February 2025, President Yoweri Kaguta Museveni approved the creation of three new districts from the existing Tororo district in Eastern Uganda. This decision has sparked significant debate, with critics arguing that it was driven more...

    NPA Wants Gov’t to Boost Funding for Creative Arts...

    The Executive Director of the National Planning Authority (NPA), Dr. Joseph Muvawala, has urged the Ugandan government to increase...

    Uganda’s Exports Surge by 12.1% in Q2 – PSST...

    Uganda's export sector has experienced a significant boost in the second quarter of the financial year 2024/2025, registering an...

    Finance Ministry Proposes More Taxes on Locally Brewed Beer,...

    Catching an ice-cold bottle of your favorite beer brewed using local raw materials will, in the next financial year,...

    Stalled Construction of Namanve Industrial Park Irks Investors

    The construction works to upgrade the infrastructures at Namanve Industrial Park have continued to stall despite several leniencies to...

    Excuses Won’t Build Namanve: Lagan Dott Ltd Must Deliver

    I recently had a conversation with a friend who runs a company based in Namanve. Somehow, our discussion shifted...

    Finance Ministry to Set Up ICT Hub to Stir...

    The main goals of the modern incubation hub in Entebbe include fostering innovation, supporting startups, enhancing collaboration, capacity building, and commercialization, among others. 

    DP Lauds Finance Ministry for Lowering Monthly Money Lending...

    The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.

    Minister Musasizi Rubbishes Besigye’s Allegations of Running Economy on...

    A recent research report by Initiative for Social and Economic Rights (ISER) indicates that the total budget for FY 2024/25 is a staggering UGX 72.1 trillion, marking a significant increase of UGX 14.1 trillion from the initial proposal of UGX 58 trillion.

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