Latest Posts

Govt Secures Shs 868Bn Loan For Construction Of Roads

Govt Secures Shs 868Bn Loan For Construction Of Roads

Parliament of Uganda has approved Shs868b  for the construction of a host of roads around the country.

The roads are Namugumba – Budadiri – Nalugugu (29km), Katuna – Muko -Kamuganguzi road (104km) and Laropi – Moyo – Afoji (Sudan border) which is 37km.

Making a case for the loan, the Vice Chairperson of the Committee on National Economy, Hon Lawrence Bategeka said the roads will “enhance socio-economic growth of the project areas by provision of the area by attracting investments.”

MP Nandala Mafabi (FDC, Budadiri West) opposed the loan, arguing that the Namugumba – Budadiri – Nalugugu stretch should have covered the trail leading to Mount Elgon.

“If you really wanted to pay the people of Bugisu, you would have made the road up to Mount Elgon; because the coffee we produce supports the economy,” he said.

Speaker Rebecca Kadaga also took issue with the loan, saying Government has not paid extra attention to other areas where the road network is not satisfactory.

“It [the loan] was packaged in such a way that you cannot refuse; and the Gen [Minister of Works and Transport, Katumba Wamala] should tell us why there has not been a new road in North Busoga for the last 25 years,” she said.

Gen Edward Katumba Wamala, however, came to the defense of Government, promising to provide statistical evidence on the roads that the Ministry is constructing in the country.

“We are balancing the construction of roads in the country and I will come back and show for the next five years how the roads are going to be constructed region by region,” he said.

Hon. Jesca Ababiku (NRM, Adjumani district) supported the loan, saying it will support the livelihoods of the people.

“The roads that are going to be constructed are going to impact positively on the livelihoods of our people; the request is going to make our road from Atiak to Afoji complete and promote cross-border trade,” she said.

MP Bategeka, however, warned that the loans being acquired has increased the public debt and will only make sense if they facilitate investment to grow the economy.

“The recent loans acquired by Government and approved by Parliament during the Covid-19 pandemic could possibly push the ratios up in part due to weaker fundamentals including slower growth, exchange rate depreciation, weaker exports and a fragile domestic revenue base,” he said

Loading

Don't Miss

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

In recent days, Muyenga, Y2K Zone a push Kampala suburb,
Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

The Parliamentary Committee on Trade And Industry led by Mbarara
Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural
‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

The Kabaka of Buganda Kingdom Ronald Muwenda Mutebi II has
Big Story: IGG Probes Over Shs1bn Ubos Fraud

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials
EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US 4,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back
Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Bank of Uganda has officially quit the case involving city
Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military
Exporters Call For Strong Action Against EAC States’ Trade Barriers

Exporters Call For Strong Action Against EAC States’ Trade Barriers

Manufacturers have called on the government to impose tough measures
Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President
I Predict Museveni, NRM Victory In 2021 Elections

I Predict Museveni, NRM Victory In 2021 Elections

By Faruk Kirunda Kampala: As we dive into the high
Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Veteran lawyer Hajji Elias Lukwago, who is the Kampala city
Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Several officials at Stanbic Bank are in deep trouble after
Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Several officials at the Kampala Capital City Authority (KCCA), are
Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

All indications are that a dead year will not be
BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

The Bank of Uganda (BOU) has said it will be
Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Untold shame has engulfed the Uganda Police a senior officer
Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon.
Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the
Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification
Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

After Eng Andrew Kitata took over as the acting Executive
UN SG Warns Against Vaccine Nationalism, Appeals Funding For Africa

UN SG Warns Against Vaccine Nationalism, Appeals Funding For Africa

United Nations Secretary-General Antonio Guterres on Wednesday warned against “vaccine
Court Awards Former WBS TV Journalist Shs 268m In Damages

Court Awards Former WBS TV Journalist Shs 268m In Damages

Former WBS TV journalist Andrew Lwanga has been awarded 268