Block 15
Parliament Approves UGX1.7 Trillion Loan Request
Members of Parliament have approved a request by the government to borrow $464 million (about Shs1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who say the loan terms are unfair. Referred to Parliament’s Committee on National Economy on Tuesday, the loan is to be sourced from Standard…
ERA Warns Of Heavy Penalties To Deter Vandalism Of Electricity Infrastructure
Following the passing of Uganda’s new Electricity (Amendment) Bill 2022, Ugandans found guilty of vandalizing electricity infrastructure may face a fine of $283,764.96 (UGX 1-billion) or a 15-year jail sentence, just five years short of the Ugandan life sentence term of 20 years. This passing of the bill came at a time when the country…
West Nile Region To Be Connected To The National Grid Come 2023
The implementation of the Grid Expansion and Reinforcement Project (GERP) in West Nile is well underway. Uganda Electricity Transmission Company Limited (UETCL) begun stringing the transmission cables on the 67km Kole-Gulu stretch under Phase One of the Grid Expansion and Reinforcement Project (GERP). The GERP is also known as the Kole-Gulu-Nebbi-Arua Transmission Line construction project.…
MPs Grill Finance Minister For Details On Shs1.7 Trillion Loan Disbursement Plans
Parliament’s Committee on National Economy has asked Finance State Minister, Hon. Henry Musasizi for details on the actual intended disbursements of the loan before they can give their nod of approval. Shadow Finance Minister, Hon. Muhammad Kivumbi objected asking for details of the disbursement, a request he said is informed by fears that the money…
Gov’t Orders Schools To Allow All Students Sit Final Exams
The Minister of State for Primary Education, Hon. Joyce Moriku has revealed that government has issued a directive to all schools allowing all pupils and students to sit their final examination. Moriku told the House chaired by Speaker Anita Among on Wednesday, 02 November 2022 that parents and school owners should work out modalities of…
‘Parliament Has Not Increased MPs’ Salaries- Speaker Among
The Speaker of Parliament Rt Hon. Anita Among has refuted media reports that legislators plan to increase their salaries. The Monitor newspaper recently reported that President Museveni rejected a proposal by Members of Parliament to have their pay and pension contribution increased. The article alleged that in a 13 October letter to Speaker Anita Among,…
Public Debt Soars As Gov’t Seeks to Borrow Shs3.5 Trillion To Finance Budget
The Finance State Minister, Henry Musasizi has asked Members of Parliament to approve up to Shs3.5 trillion to finance the Shs48.1 trillion budget. The first loan request which is up to US$464 million translating to about Shs1.7 trillion, is to be sourced from the Standard Chartered Bank. In documents which now stand referred to Parliament’s…
“SID Kireka had become a lawless center”- IGP Ochola Bites, Orders Officers To Relocate Back To CID Headquarters
Officers deployed at the Kireka-based Special Investigations Unit/Division (SIU/D) have started packing their bags to relocate to the Criminal Investigations Directorate – CID headquarters in Kibuli on the directive by the Inspector General of Police, Martin Ochola. According to information obtained by our reporter, Ochola directed the officers to relocate about a fortnight ago on…
OP-ED: NWSC At 50 Redeems Gov’t Image In Business After 20 Years Of Divestiture
By Ben Ssebuguze: Kampala: One of the reasons which was fronted by crusaders of Privatisation of assets under world bank and International monetary funds under the Structural Adjustment programs (SAPs) was that many of government Assets were making losses. In 1991, the government embarked on a large-scale selling off of previously state-owned parastatals because Ugandans…
LUWERO: Unknown Gunmen Kill Two Policemen, Set Station On Fire
A joint security team in Luwero district has launched a manhunt for assailants who raided a police station 33km outside Kampala and shot two Policemen dead. The incident occured at Busiika Police Station in Busiika town council in Luwero district at around 7:30 pm. The deceased have been identified as Moses Wagaluka, the officer in…