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Minister Kasaija Cited In Fradulent Transfer Of Environmental Funds

Members of Parliament on the Natural Resources Committee have criticised the Minister of Finance, Planning and Economic Development, Hon Matia Kasaija, for diverting the Environmental Fund from National Environmental Management Authority (NEMA) to the Consolidated Fund, saying this has crippled  NEMA’s operations.
January 21, 2022

FIA: Uganda Risk Being Blacklisted Over Money Laundering

The Executive Director of the Finance Intelligence Authority, Sydney Asubo revealed that Uganda risks being blacklisted by the Financial Action Taskforce (FATF) if the government does not tackle money laundering by May 2022. Asubo who was appearing before the Committee on Finance
January 21, 2022

Brig Felix Busizoori Takes Over As Acting SFC Commander

Brigadier General Felix Busizoori has taken over the Command of the elite Special Force Command. He replaces Brig Gen. Peter Candia who has been sent on course as the National Defence College by the Commander in Chief, President Yoweri Kaguta Museveni. Brig
January 20, 2022

MPs Approve 6.4Bn Budget For Capital Market Authority

Members of Parliament on the finance committee have approved the Shs6.4 billion budget for the Capital Markets Authority (CMA) for the Financial Year 2022/2023. Led by the Minister of State Finance (Planning), Hon Amos Lugoloobi, the CMA leadership appeared before the committee
January 20, 2022
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