Block 15
Covid-19 Crisis: Relief As BoU Suspends Loan Repayments For 12 Months
As a way of mitigating the disastrous effects of the Coronavirus (COVID-19) lockdown on the economy and several business ventures, the Bank of Uganda has directed all commercial banks and supervised financial institutions to suspend repayment of loans for 12 months. The Central Bank announced credit relief measures to help mitigate the adverse effects of…
Parliament To Investigate MPs Engaging In Dubious Deals
Word coming in from our Spies in the corridors of power indicate that the Parliament of Uganda is infested with several Members of Parliament who are indulging themselves in dubious deals from which they pocket hundreds of millions of shillings. According to our Spies, there are MPs who are using their positions to seal all…
Big Heart: Defence Min. Adolf Mwesige Donates Brand New Car To Bunyangabu District Task Force In Fight Against Covid-19
The Minister of Defence and Veteran Affairs Hon. Adolf Mwesige who is also the Bunyangabu MP has positively responded to the president’s call and donated a car to the District Covid-19 Taskforce to help in responding to distress calls of sick people and expectant mothers in the district. President Museveni while addressing the nation on…
ICT Ministry Calls Innovators To Apply For Support With Solutions To Fight Coronavirus
The Ministry of ICT and National Guidance through its project dubbed National ICT Initiatives Support Programme (NIISP) is calling innovators to submit proposals if they have digital solutions that can help support the fight against the coronavirus pandemic. According to Vincent Waiswa Bagiire, the permanent secretary at the ministry, NIISP is looking for digital solutions…
Kadaga: The Maria Antoinette Of Uganda In The 10th Parliament Exposed By Coronavirus
By Mbabazi Hanning Gonzaga There is no better replay of the “Affair of the Diamond Necklace” as it happened under the French Bourbon Monarchy than what has transpired in the halls of the Ugandan parliament these last two weeks. During the reign of Louis XV between 1784 – 1785, he offered to have the most…
7 More People Discharged As Uganda’s Covid-19 Recoveries Rise
Seven more coronavirus patients have been discharged from Mulago Specialised National Hospital as the number of Uganda’s virus recoveries rise. The number of patients that have recovered from covid19, the respiratory illness caused by the coronavirus – is now at 20 in Uganda. On Thursday, Robinah Nabbanja, the state minister for Health-General Duties, oversaw the…
MPs Exempt Agricultural Inputs From Value Added Tax
Parliament has widened tax exemptions to mechanized agricultural inputs, in a bid MPs said will give the sector the much needed post Covid-19 boost. The Chairperson of Parliament’s Committee on Finance, Hon Henry Musasizi said the removal of Value Added Tax from mechanised agricultural inputs will incentivize investment in the sector. Continued charging of Value…
Parliament Blocks Export Of Unprocessed Tobacco
The Parliament of Uganda has passed the Tobacco Control (Amendment) Bill, 2020 scrapping taxation on processed tobacco restricting it on the unprocessed leaf for export. The Chairperson of the Committee on Finance, Hon. Henry Musasizi, in his report to Parliament said that the tax measures are meant to restrict the export of raw tobacco leave…
Court Orders Vision Group, Journalist Etukuri To Pay Min.Otafiire Shs200M For Defamation!
Seasoned journalist Charles Etukuri, who works with the New Vision, a government owned newspaper, is in deep trouble after court ruled that he defamed Minister for Justice and Constitutional Affairs Gen. Severino Kahinda Otafiire. Buganda Road court ruled on Tuesday that Etukuri defamed Gen. Otafiire when he and the New Vision, which is headed by…
Exposed! Ugandan MPs Secretly Shared Shs 10Bn COVID-19 Cash Bonanza
The Parliament of Uganda recently allocated Shs 10bn, from the COVID-19 supplementary budget, to facilitate Members of Parliament in the committees, discreetly. It is alleged that Members of Parliament secretly chopped off a percentage of the supplementary budget money meant for Ministry Of Health towards coronavirus to themselves to facilitate committees established by Parliament to…