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    Tag: Ministry of Finance

    American singer and Hollywood actor Tyrese Darnell Gibson has officially confirmed his highly anticipated visit to Uganda, much to the delight of his fans. The star of the Fast & Furious franchise will be attending the inaugural...
    In a move to ensure a smooth transition into the mass renewal and enrollment of National Identification Cards (IDs), the Government of Uganda has announced the extension of ID validity by one year, effective August 2025. This...

    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.

    Recognizing Role of Community Health Workers in Health Promotion,...

    CHWs commitment as the first contact of the community with the health system is particularly beneficial in rural areas that have limited access to health care and cannot go unnoticed.

    How Uganda’s Tourism Sector has Evolved to Boost Economic...

    With the budget strategy for Financial Year 2025/2026 looking at strengthening economic growth, tourism development is seen as one of the major sectors to be boasted in order to achieve accelerated growth.

    DP Confirms Lumu’s Consultation Plan on Proposed Administration Parliament...

    Lumu’s proposal was met with many diverging views, as most opposition MPs maintained that the proposed bill was meant to weaken the opposition. 

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